SKILLS OFFICE NETWORK LTD Financials
- Company number
- 10890823CopyCopy
- Registered office
- Ybn Metro Riverside Park, Delta Bank Road, Gateshead, Tyne & Wear NE11 9DJ
- Incorporated
- 31/07/2017
Company snapshot
- Status
- Active
- Employees
- 18 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-36.39%vs 20232023: £103.06K
Total Assets
-97.45%vs 20232023: £135.97K
Cash in Bank
881.67%vs 20232023: £21.25K
Total Liabilities
119.13%vs 20232023: £32.91K
Employees
+5vs 20232023: 13
In 2024, SKILLS OFFICE NETWORK LTD reported net assets of £65.55K. The same filing shows total assets of £3.47K, cash in bank of £208.59K and total liabilities of £72.11K. Reported headcount was 18 in 2024. Cash in Bank rose from £21.25K in 2023 to £208.59K in 2024 (881.67%). 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
-36.39%from £103.06K 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 SKILLS OFFICE NETWORK LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-12.8%vs 2022-6.6% a year compound (CAGR)
Cash in Bank
+835%vs 2022+206% a year compound (CAGR)
Total Assets
-97.4%vs 2022-83.8% a year compound (CAGR)
Total Liabilities
+26.8%vs 2022+12.6% a year compound (CAGR)
Employees
+63.6%vs 2022+7Biggest increase
Cash in Bank+835%
£22.32K in 2022 to £208.59K in 2024
Biggest decrease
Total Assets-97.4%
£132.05K in 2022 to £3.47K in 2024
SKILLS OFFICE NETWORK LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in total assets, pointing to a narrowing asset base. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SKILLS OFFICE NETWORK 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
- 1,890.77%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
- 2,079.90%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
- 289.27%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
- 6,016.56%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 SKILLS OFFICE NETWORK 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£ | 60.66K | 75.17K | 103.06K | 65.55K |
| Total Assets£ | 86.91K | 132.05K | 135.97K | 3.47K |
| Cash in Bank£ | 278.67K | 22.32K | 21.25K | 208.59K |
| Total Liabilities£ | 26.25K | 56.88K | 32.91K | 72.11K |
| Employees | 0 | 11 | 13 | 18 |
SKILLS OFFICE NETWORK LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SKILLS OFFICE NETWORK LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
SKILLS OFFICE NETWORK LTD reported net assets of £65.55K for 2024. That compares with £103.06K in 2023, a change of -36.39%.
SKILLS OFFICE NETWORK LTD reported total assets of £3.47K for 2024. That compares with £135.97K in 2023, a change of -97.45%.
SKILLS OFFICE NETWORK LTD reported cash in bank of £208.59K for 2024. That compares with £21.25K in 2023, a change of 881.67%.
SKILLS OFFICE NETWORK LTD reported 18 employees in 2024, compared with 13 in 2023.
Between 2022 and 2024, SKILLS OFFICE NETWORK LTD's net assets fell by 12.8%, cash in bank rose by 835%, total assets fell by 97.4% and total liabilities rose by 26.8%. Net assets contracted at 6.6% a year across the two years to 2024, from £75.17K to £65.55K. Reported headcount went from 11 in 2022 to 18 in 2024 (+7).
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.