HELIWORK (SERVICES) LIMITED Financials
- Company number
- 01948441CopyCopy
- Registered office
- Thruxton Airport, Thruxton Airport, Andover, Hampshire SP11 8PN
- Incorporated
- 19/09/1985
Company snapshot
- Status
- Active
- Employees
- 20 (2025)
- Latest financial data
- 2025
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-130.46%vs 20242024: £341.52K
Total Assets
58.51%vs 20242024: £1.95M
Cash in Bank
310.47%vs 20242024: £22.60K
Total Liabilities
98.52%vs 20242024: £1.61M
Employees
-4vs 20242024: 24
In 2025, HELIWORK (SERVICES) LIMITED reported net assets of £-104.04K. The same filing shows total assets of £3.10M, cash in bank of £92.76K and total liabilities of £3.20M. Reported headcount was 20 in 2025. Total Liabilities rose from £1.61M in 2024 to £3.20M in 2025 (98.52%). Okredo holds filed figures for 2021–2025; 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
-130.46%from £341.52K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures HELIWORK (SERVICES) LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-123%vs 2023Cash in Bank
-24%vs 2023-12.8% a year compound (CAGR)
Total Assets
+83.9%vs 2023+35.6% a year compound (CAGR)
Total Liabilities
+159%vs 2023+60.9% a year compound (CAGR)
Employees
-33.3%vs 2023-10Biggest increase
Total Liabilities+159%
£1.24M in 2023 to £3.20M in 2025
Biggest decrease
Net Assets-123%
£447.13K in 2023 to £-104.04K in 2025
HELIWORK (SERVICES) LIMITED's filings pull in both directions between 2023 and 2025. 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 HELIWORK (SERVICES) LIMITED'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
- -3.36%2025
- 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.
- Liabilities to total assets
- 103.36%2025
- 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.
- Cash to liabilities
- 2.90%2025
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 2.99%2025
- 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 HELIWORK (SERVICES) LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 543.85K | 664.04K | 447.13K | 341.52K | -104.04K |
| Total Assets£ | 1.90M | 2.08M | 1.68M | 1.95M | 3.10M |
| Cash in Bank£ | 261.71K | 302.33K | 122.00K | 22.60K | 92.76K |
| Total Liabilities£ | 1.35M | 1.42M | 1.24M | 1.61M | 3.20M |
| Employees | 28 | 28 | 30 | 24 | 20 |
HELIWORK (SERVICES) LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for HELIWORK (SERVICES) LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
HELIWORK (SERVICES) LIMITED reported net assets of £-104.04K for 2025. That compares with £341.52K in 2024, a change of -130.46%.
HELIWORK (SERVICES) LIMITED reported total assets of £3.10M for 2025. That compares with £1.95M in 2024, a change of 58.51%.
HELIWORK (SERVICES) LIMITED reported cash in bank of £92.76K for 2025. That compares with £22.60K in 2024, a change of 310.47%.
HELIWORK (SERVICES) LIMITED reported 20 employees in 2025, compared with 24 in 2024.
Between 2023 and 2025, HELIWORK (SERVICES) LIMITED's net assets fell by 123%, cash in bank fell by 24%, total assets rose by 83.9% and total liabilities rose by 159%. Cash in bank contracted at 12.8% a year across the two years to 2025, from £122.00K to £92.76K. Reported headcount went from 30 in 2023 to 20 in 2025 (-10).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.