K2 AUTOMATION LTD. Financials
- Company number
- 12818062CopyCopy
- Registered office
- Schott House, Drummond Road, Stafford ST16 3EL
- Incorporated
- 17/08/2020
Company snapshot
- Status
- Active
- Employees
- 9 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
127.70%vs 20232023: £-81.91K
Total Assets
15.21%vs 20232023: £294.28K
Cash in Bank
-31.72%vs 20232023: £74.41K
Total Liabilities
-20.29%vs 20232023: £350.85K
Employees
-5vs 20232023: 14
In 2024, K2 AUTOMATION LTD. reported net assets of £22.69K. The same filing shows total assets of £339.05K, cash in bank of £50.81K and total liabilities of £279.65K. Reported headcount was 9 in 2024. Net Assets rose from £-81.91K in 2023 to £22.69K in 2024 (127.70%). 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
127.70%from £-81.91K 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 K2 AUTOMATION LTD. filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-90.3%vs 2022-68.8% a year compound (CAGR)
Cash in Bank
-73.6%vs 2022-48.7% a year compound (CAGR)
Total Assets
-42%vs 2022-23.8% a year compound (CAGR)
Total Liabilities
-17.7%vs 2022-9.3% a year compound (CAGR)
Employees
+50%vs 2022+3Biggest increase
Employees+50%
6 in 2022 to 9 in 2024
Biggest decrease
Net Assets-90.3%
£233.08K in 2022 to £22.69K in 2024
K2 AUTOMATION LTD.'s filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, 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 K2 AUTOMATION 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
- 6.69%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
- 82.48%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
- 18.17%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
- 14.98%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 K2 AUTOMATION 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£ | 81.44K | 233.08K | -81.91K | 22.69K |
| Total Assets£ | 177.35K | 584.49K | 294.28K | 339.05K |
| Cash in Bank£ | 28.77K | 192.78K | 74.41K | 50.81K |
| Total Liabilities£ | 95.92K | 339.92K | 350.85K | 279.65K |
| Employees | 2 | 6 | 14 | 9 |
K2 AUTOMATION LTD. financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for K2 AUTOMATION LTD. covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
K2 AUTOMATION LTD. reported net assets of £22.69K for 2024. That compares with £-81.91K in 2023, a change of 127.70%.
K2 AUTOMATION LTD. reported total assets of £339.05K for 2024. That compares with £294.28K in 2023, a change of 15.21%.
K2 AUTOMATION LTD. reported cash in bank of £50.81K for 2024. That compares with £74.41K in 2023, a change of -31.72%.
K2 AUTOMATION LTD. reported 9 employees in 2024, compared with 14 in 2023.
Between 2022 and 2024, K2 AUTOMATION LTD.'s net assets fell by 90.3%, cash in bank fell by 73.6%, total assets fell by 42% and total liabilities fell by 17.7%. Net assets contracted at 68.8% a year across the two years to 2024, from £233.08K to £22.69K. Reported headcount went from 6 in 2022 to 9 in 2024 (+3).
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.