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PARAJET INTERNATIONAL LTD Financials

Company number
06455786Copy
Copy
Registered office
22 Chancery Lane, London WC2A 1LS
Incorporated
18/12/2007

Company snapshot

Status
Active
Employees
13 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

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

Net Assets

£-430.70K2024
-256.36%vs 2023

2023: £275.46K

Total Assets

£101.15K2024
-22.81%vs 2023

2023: £131.04K

Cash in Bank

£39.31K2024
-87.18%vs 2023

2023: £306.58K

Total Liabilities

£708.20K2022
-64.36%vs 2021

2021: £1.99M

Employees

132024
-2vs 2023

2023: 15

In 2024, PARAJET INTERNATIONAL LTD reported net assets of £-430.70K. The same filing shows total assets of £101.15K, cash in bank of £39.31K and total liabilities of £708.20K. Reported headcount was 13 in 2024. Total Liabilities fell from £1.99M in 2021 to £708.20K in 2022 (-64.36%). 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

£-430.70K2024
-256.36%from £275.46K 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 PARAJET INTERNATIONAL LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£808.81K2022£-430.70K2024
-153%vs 2022

Cash in Bank

£177.48K2022£39.31K2024
-77.8%vs 2022

-52.9% a year compound (CAGR)

Total Assets

£1.66M2022£101.15K2024
-93.9%vs 2022

-75.3% a year compound (CAGR)

Employees

122022132024
+8.3%vs 2022+1

Biggest increase

Employees+8.3%

12 in 2022 to 13 in 2024

Biggest decrease

Net Assets-153%

£808.81K in 2022 to £-430.70K in 2024

PARAJET INTERNATIONAL 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 PARAJET INTERNATIONAL 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
-425.80%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
42.76%2022
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
25.06%2022
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
38.86%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 PARAJET INTERNATIONAL LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£-523.69K808.81K275.46K-430.70K
Total Assets£1.59M1.66M131.04K101.15K
Cash in Bank£24.05K177.48K306.58K39.31K
Total Liabilities£1.99M708.20K––
Employees18121513

PARAJET INTERNATIONAL LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for PARAJET INTERNATIONAL LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

PARAJET INTERNATIONAL LTD reported net assets of £-430.70K for 2024. That compares with £275.46K in 2023, a change of -256.36%.

PARAJET INTERNATIONAL LTD reported total assets of £101.15K for 2024. That compares with £131.04K in 2023, a change of -22.81%.

PARAJET INTERNATIONAL LTD reported cash in bank of £39.31K for 2024. That compares with £306.58K in 2023, a change of -87.18%.

PARAJET INTERNATIONAL LTD reported 13 employees in 2024, compared with 15 in 2023.

Between 2022 and 2024, PARAJET INTERNATIONAL LTD's net assets fell by 153%, cash in bank fell by 77.8%, total assets fell by 93.9% and employee numbers rose by 8.3%. Cash in bank contracted at 52.9% a year across the two years to 2024, from £177.48K to £39.31K. Reported headcount went from 12 in 2022 to 13 in 2024 (+1).

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.