GURT WINGS LTD Financials
- Company number
- 11154368Copy
Copy - Registered office
- 16 Woodside Road, South Marston Park, Swindon SN3 4WA
- Incorporated
- 17/01/2018
Company snapshot
- Status
- Active
- Employees
- 21 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-16.59K%vs 20232023: £1.41K
Total Assets
25.63%vs 20232023: £236.86K
Cash in Bank
227.42%vs 20232023: £35.78K
Total Liabilities
285.75%vs 20232023: £137.52K
Employees
+13vs 20232023: 8
In 2024, GURT WINGS LTD reported net assets of £-232.90K. The same filing shows total assets of £297.57K, cash in bank of £117.14K and total liabilities of £530.47K. Reported headcount was 21 in 2024. Total Liabilities rose from £137.52K in 2023 to £530.47K in 2024 (285.75%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-16.59K%from £1.41K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures GURT WINGS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-4280%vs 2022Total Assets
+167%vs 2022+63.5% a year compound (CAGR)
Total Liabilities
+432%vs 2022+131% a year compound (CAGR)
Employees
+320%vs 2022+16Biggest increase
Total Liabilities+432%
£99.80K in 2022 to £530.47K in 2024
Biggest decrease
Net Assets-4280%
£5.57K in 2022 to £-232.90K in 2024
GURT WINGS LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from GURT WINGS LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- -78.27%2024
- Liabilities to total assets
- 178.27%2024
- Cash to liabilities
- 22.08%2024
- Cash to total assets
- 39.36%2024
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for GURT WINGS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 2.96K | 5.57K | 1.41K | -232.90K |
| Total Assets£ | 65.85K | 111.26K | 236.86K | 297.57K |
| Cash in Bank£ | – | – | 35.78K | 117.14K |
| Total Liabilities£ | 29.47K | 99.80K | 137.52K | 530.47K |
| Employees | 3 | 5 | 8 | 21 |
GURT WINGS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has GURT WINGS LTD filed financial statements?
Yes. Okredo holds filed figures for GURT WINGS LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did GURT WINGS LTD report in 2024?
GURT WINGS LTD reported net assets of £-232.90K for 2024. That compares with £1.41K in 2023, a change of -16.59K%.
What total assets did GURT WINGS LTD report in 2024?
GURT WINGS LTD reported total assets of £297.57K for 2024. That compares with £236.86K in 2023, a change of 25.63%.
What cash in bank did GURT WINGS LTD report in 2024?
GURT WINGS LTD reported cash in bank of £117.14K for 2024. That compares with £35.78K in 2023, a change of 227.42%.
How many people does GURT WINGS LTD employ?
GURT WINGS LTD reported 21 employees in 2024, compared with 8 in 2023.
How have GURT WINGS LTD financials changed over the last 3 years?
Between 2022 and 2024, GURT WINGS LTD's net assets fell by 4280%, total assets rose by 167%, total liabilities rose by 432% and employee numbers rose by 320%. Total assets compounded at 63.5% a year across the two years to 2024, from £111.26K to £297.57K. Reported headcount went from 5 in 2022 to 21 in 2024 (+16).
Which years of GURT WINGS LTD financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.