RED SKY SCAFFOLD LTD Financials
- Company number
- 13626471CopyCopy
- Registered office
- Pumphouse Redditch Road, Hopwood, Alvechurch, Birmingham B48 7TW
- Incorporated
- 16/09/2021
Company snapshot
- Status
- Active
- Employees
- 25 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2024.
Net Assets
26.40%vs 20232023: £135.88K
Total Assets
-25.67%vs 20232023: £703.71K
Cash in Bank
-56.45%vs 20232023: £289.07K
Total Liabilities
-38.13%vs 20232023: £567.83K
Employees
-2vs 20232023: 27
In 2024, RED SKY SCAFFOLD LTD reported net assets of £171.75K. The same filing shows total assets of £523.09K, cash in bank of £125.89K and total liabilities of £351.34K. Reported headcount was 25 in 2024. Total Liabilities fell from £567.83K in 2023 to £351.34K in 2024 (-38.13%). Okredo holds filed figures for 2022–2024; 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
26.40%from £135.88K in 2023Year-on-year change
Net Assets as filed for 2022–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures RED SKY SCAFFOLD LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-21.4%vs 2022-11.4% a year compound (CAGR)
Cash in Bank
-29.4%vs 2022-15.9% a year compound (CAGR)
Total Assets
+18.7%vs 2022+9% a year compound (CAGR)
Total Liabilities
+58.2%vs 2022+25.8% a year compound (CAGR)
Employees
+127%vs 2022+14Biggest increase
Employees+127%
11 in 2022 to 25 in 2024
Biggest decrease
Cash in Bank-29.4%
£178.19K in 2022 to £125.89K in 2024
RED SKY SCAFFOLD 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 cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from RED SKY SCAFFOLD 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
- 32.83%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
- 67.17%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
- 35.83%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
- 24.07%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 RED SKY SCAFFOLD LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 |
|---|---|---|---|
| Net Assets£ | 218.56K | 135.88K | 171.75K |
| Total Assets£ | 440.64K | 703.71K | 523.09K |
| Cash in Bank£ | 178.19K | 289.07K | 125.89K |
| Total Liabilities£ | 222.07K | 567.83K | 351.34K |
| Employees | 11 | 27 | 25 |
RED SKY SCAFFOLD LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for RED SKY SCAFFOLD LTD covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.
RED SKY SCAFFOLD LTD reported net assets of £171.75K for 2024. That compares with £135.88K in 2023, a change of 26.40%.
RED SKY SCAFFOLD LTD reported total assets of £523.09K for 2024. That compares with £703.71K in 2023, a change of -25.67%.
RED SKY SCAFFOLD LTD reported cash in bank of £125.89K for 2024. That compares with £289.07K in 2023, a change of -56.45%.
RED SKY SCAFFOLD LTD reported 25 employees in 2024, compared with 27 in 2023.
Between 2022 and 2024, RED SKY SCAFFOLD LTD's net assets fell by 21.4%, cash in bank fell by 29.4%, total assets rose by 18.7% and total liabilities rose by 58.2%. Net assets contracted at 11.4% a year across the two years to 2024, from £218.56K to £171.75K. Reported headcount went from 11 in 2022 to 25 in 2024 (+14).
Okredo holds reported figures for the years 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.