SKAR PRECISION MOULDINGS LIMITED Financials
- Company number
- 00949310CopyCopy
- Registered office
- Skar Precision Mouldings Ltd Lady Lane Industrial Estate, Hadleigh, Ipswich, Suffolk IP7 6AZ
- Incorporated
- 05/03/1969
Company snapshot
- Status
- Active
- Employees
- 69 (2024)
- Latest financial data
- 2024
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
0.56%vs 20232023: £3.58M
Total Assets
-2.19%vs 20232023: £13.00M
Cash in Bank
-34.98%vs 20232023: £1.23M
Total Liabilities
-5.57%vs 20232023: £5.08M
Employees
-3vs 20232023: 72
In 2024, SKAR PRECISION MOULDINGS LIMITED reported net assets of £3.60M. The same filing shows total assets of £12.72M, cash in bank of £799.55K and total liabilities of £4.80M. Reported headcount was 69 in 2024. Cash in Bank fell from £1.23M in 2023 to £799.55K in 2024 (-34.98%). 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
0.56%from £3.58M 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 SKAR PRECISION MOULDINGS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+3.6%vs 2022+1.8% a year compound (CAGR)
Cash in Bank
+2.6%vs 2022+1.3% a year compound (CAGR)
Total Assets
-4.2%vs 2022-2.1% a year compound (CAGR)
Total Liabilities
-10.8%vs 2022-5.6% a year compound (CAGR)
Employees
-8%vs 2022-6Biggest increase
Net Assets+3.6%
£3.47M in 2022 to £3.60M in 2024
Biggest decrease
Total Liabilities-10.8%
£5.38M in 2022 to £4.80M in 2024
SKAR PRECISION MOULDINGS 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 liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SKAR PRECISION MOULDINGS 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
- 28.27%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
- 37.73%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
- 16.66%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
- 6.29%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £107.98K2024
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for SKAR PRECISION MOULDINGS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 2.96M | 3.47M | 3.58M | 3.60M |
| Total Assets£ | 12.50M | 13.28M | 13.00M | 12.72M |
| Cash in Bank£ | 587.03K | 779.01K | 1.23M | 799.55K |
| Total Liabilities£ | 5.16M | 5.38M | 5.08M | 4.80M |
| Employees | 71 | 75 | 72 | 69 |
SKAR PRECISION MOULDINGS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SKAR PRECISION MOULDINGS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
SKAR PRECISION MOULDINGS LIMITED reported net assets of £3.60M for 2024. That compares with £3.58M in 2023, a change of 0.56%.
SKAR PRECISION MOULDINGS LIMITED reported total assets of £12.72M for 2024. That compares with £13.00M in 2023, a change of -2.19%.
SKAR PRECISION MOULDINGS LIMITED reported cash in bank of £799.55K for 2024. That compares with £1.23M in 2023, a change of -34.98%.
SKAR PRECISION MOULDINGS LIMITED reported 69 employees in 2024, compared with 72 in 2023.
Between 2022 and 2024, SKAR PRECISION MOULDINGS LIMITED's net assets rose by 3.6%, cash in bank rose by 2.6%, total assets fell by 4.2% and total liabilities fell by 10.8%. Net assets compounded at 1.8% a year across the two years to 2024, from £3.47M to £3.60M. Reported headcount went from 75 in 2022 to 69 in 2024 (-6).
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.