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INSPIRE SCOTLAND LIMITED Financials

Company number
SC406021Copy
Copy
Registered office
Red Tree Magenta 270 Glasgow Road, Rutherglen, Glasgow G73 1UZ
Incorporated
24/08/2011

Company snapshot

Status
Active
Employees
286 (2024)
Latest financial data
2024
Accounts type
Unaudited abridged

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£298.78K2024
-79.24%vs 2023

2023: £1.44M

Total Assets

£2.50M2024
-37.63%vs 2023

2023: £4.01M

Cash in Bank

£1.21M2024
227.56%vs 2023

2023: £368.24K

Total Liabilities

£2.00M2024
61.60%vs 2023

2023: £1.24M

Employees

2862024
+21vs 2023

2023: 265

In 2024, INSPIRE SCOTLAND LIMITED reported net assets of £298.78K. The same filing shows total assets of £2.50M, cash in bank of £1.21M and total liabilities of £2.00M. Reported headcount was 286 in 2024. Total Assets fell from £4.01M in 2023 to £2.50M in 2024 (-37.63%). 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

£298.78K2024
-79.24%from £1.44M in 2023

Year-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 INSPIRE SCOTLAND LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£18.19K2022£298.78K2024
+1543%vs 2022

+305% a year compound (CAGR)

Cash in Bank

£163.14K2022£1.21M2024
+639%vs 2022

+172% a year compound (CAGR)

Total Assets

£3.13M2022£2.50M2024
-20%vs 2022

-10.5% a year compound (CAGR)

Total Liabilities

£1.78M2022£2.00M2024
+12.7%vs 2022

+6.2% a year compound (CAGR)

Employees

8820222862024
+225%vs 2022+198

Biggest increase

Net Assets+1543%

£18.19K in 2022 to £298.78K in 2024

Biggest decrease

Total Assets-20%

£3.13M in 2022 to £2.50M in 2024

INSPIRE SCOTLAND LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in total assets, pointing to a narrowing asset base. See the full year-by-year figures.

Ratios from the filed figures

Calculated from INSPIRE SCOTLAND 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
11.95%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.
Liabilities to total assets
80.04%2024
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
60.25%2024
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
48.23%2024
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 INSPIRE SCOTLAND LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£29.08K18.19K1.44M298.78K
Total Assets£3.10M3.13M4.01M2.50M
Cash in Bank£211.40K163.14K368.24K1.21M
Total Liabilities£1.79M1.78M1.24M2.00M
Employees8788265286

INSPIRE SCOTLAND LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for INSPIRE SCOTLAND LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

INSPIRE SCOTLAND LIMITED reported net assets of £298.78K for 2024. That compares with £1.44M in 2023, a change of -79.24%.

INSPIRE SCOTLAND LIMITED reported total assets of £2.50M for 2024. That compares with £4.01M in 2023, a change of -37.63%.

INSPIRE SCOTLAND LIMITED reported cash in bank of £1.21M for 2024. That compares with £368.24K in 2023, a change of 227.56%.

INSPIRE SCOTLAND LIMITED reported 286 employees in 2024, compared with 265 in 2023.

Between 2022 and 2024, INSPIRE SCOTLAND LIMITED's net assets rose by 1543%, cash in bank rose by 639%, total assets fell by 20% and total liabilities rose by 12.7%. Net assets compounded at 305% a year across the two years to 2024, from £18.19K to £298.78K. Reported headcount went from 88 in 2022 to 286 in 2024 (+198).

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.