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RED SKY TELECOM LTD Financials

Company number
06735478Copy
Copy
Registered office
9 Lumley Court, Drum Industrial Estate, Chester Le Street, County Durham DH2 1AN
Incorporated
28/10/2008

Company snapshot

Status
Active
Employees
3 (2025)
Latest financial data
2025
Accounts type
Unaudited abridged

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£299.002025
-56.73%vs 2024

2024: £691.00

Total Assets

£264.05K2025
-11.21%vs 2024

2024: £297.38K

Cash in Bank

£60.92K2025
-41.06%vs 2024

2024: £103.36K

Total Liabilities

£263.76K2025
-11.10%vs 2024

2024: £296.69K

Employees

32025
+1vs 2024

2024: 2

In 2025, RED SKY TELECOM LTD reported net assets of £299.00. The same filing shows total assets of £264.05K, cash in bank of £60.92K and total liabilities of £263.76K. Reported headcount was 3 in 2025. Cash in Bank fell from £103.36K in 2024 to £60.92K in 2025 (-41.06%). 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

£299.002025
-56.73%from £691.00 in 2024

Year-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 RED SKY TELECOM LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£449.002023£299.002025
-33.4%vs 2023

-18.4% a year compound (CAGR)

Cash in Bank

£21.55K2023£60.92K2025
+183%vs 2023

+68.1% a year compound (CAGR)

Total Assets

£261.54K2023£264.05K2025
+1%vs 2023

+0.5% a year compound (CAGR)

Total Liabilities

£261.10K2023£263.76K2025
+1%vs 2023

+0.5% a year compound (CAGR)

Employees

3202332025
0%vs 2023

Biggest increase

Cash in Bank+183%

£21.55K in 2023 to £60.92K in 2025

Biggest decrease

Net Assets-33.4%

£449.00 in 2023 to £299.00 in 2025

RED SKY TELECOM LTD's filings pull in both directions between 2023 and 2025. The steepest rise came in cash in bank, pointing to a more liquid cash position, 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 RED SKY TELECOM 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
0.11%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
99.89%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
23.10%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
23.07%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 RED SKY TELECOM LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£8.15K361.00449.00691.00299.00
Total Assets£188.60K–261.54K297.38K264.05K
Cash in Bank£100.81K73.77K21.55K103.36K60.92K
Total Liabilities£180.45K–261.10K296.69K263.76K
Employees43323

RED SKY TELECOM LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for RED SKY TELECOM LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.

RED SKY TELECOM LTD reported net assets of £299.00 for 2025. That compares with £691.00 in 2024, a change of -56.73%.

RED SKY TELECOM LTD reported total assets of £264.05K for 2025. That compares with £297.38K in 2024, a change of -11.21%.

RED SKY TELECOM LTD reported cash in bank of £60.92K for 2025. That compares with £103.36K in 2024, a change of -41.06%.

RED SKY TELECOM LTD reported 3 employees in 2025, compared with 2 in 2024.

Between 2023 and 2025, RED SKY TELECOM LTD's net assets fell by 33.4%, cash in bank rose by 183%, total assets rose by 1% and total liabilities rose by 1%. Net assets contracted at 18.4% a year across the two years to 2025, from £449.00 to £299.00. Reported headcount went from 3 in 2023 to 3 in 2025.

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.