SKILLS2WORK TRAINING LIMITED Financials
- Company number
- 12718727CopyCopy
- Registered office
- 6 Llys Merllyn, Bagillt CH6 6BD
- Incorporated
- 04/07/2020
Company snapshot
- Status
- Active
- Employees
- 10 (2023)
- Latest financial data
- 2023
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
200.19%vs 20222022: £-105.44K
Total Assets
77.75%vs 20222022: £79.92K
Cash in Bank
-24.49%vs 20212021: £11.63K
Total Liabilities
-83.13%vs 20222022: £180.48K
Employees
0vs 20222022: 10
In 2023, SKILLS2WORK TRAINING LIMITED reported net assets of £105.64K. The same filing shows total assets of £142.06K, cash in bank of £8.78K and total liabilities of £30.45K. Reported headcount was 10 in 2023. Net Assets rose from £-105.44K in 2022 to £105.64K in 2023 (200.19%). Okredo holds filed figures for 2021–2023; 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
200.19%from £-105.44K in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures SKILLS2WORK TRAINING LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
Increasedvs 2021Total Assets
+13.3%vs 2021+6.5% a year compound (CAGR)
Total Liabilities
-79.1%vs 2021-54.3% a year compound (CAGR)
Employees
0%vs 2021Biggest increase
Total Assets+13.3%
£125.35K in 2021 to £142.06K in 2023
Biggest decrease
Total Liabilities-79.1%
£145.77K in 2021 to £30.45K in 2023
SKILLS2WORK TRAINING LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in total assets, pointing to a broader asset base, 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 SKILLS2WORK TRAINING 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
- 74.36%2023
- 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
- 21.44%2023
- 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
- 4.86%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
- 10.99%2022
- 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 SKILLS2WORK TRAINING LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | -23.55K | -105.44K | 105.64K |
| Total Assets£ | 125.35K | 79.92K | 142.06K |
| Cash in Bank£ | 11.63K | 8.78K | – |
| Total Liabilities£ | 145.77K | 180.48K | 30.45K |
| Employees | 10 | 10 | 10 |
SKILLS2WORK TRAINING LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SKILLS2WORK TRAINING LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
SKILLS2WORK TRAINING LIMITED reported net assets of £105.64K for 2023. That compares with £-105.44K in 2022, a change of 200.19%.
SKILLS2WORK TRAINING LIMITED reported total assets of £142.06K for 2023. That compares with £79.92K in 2022, a change of 77.75%.
SKILLS2WORK TRAINING LIMITED reported cash in bank of £8.78K for 2022. That compares with £11.63K in 2021, a change of -24.49%.
SKILLS2WORK TRAINING LIMITED reported 10 employees in 2023, compared with 10 in 2022.
Between 2021 and 2023, SKILLS2WORK TRAINING LIMITED's total assets rose by 13.3%, total liabilities fell by 79.1% and employee numbers was unchanged. Total assets compounded at 6.5% a year across the two years to 2023, from £125.35K to £142.06K. Reported headcount went from 10 in 2021 to 10 in 2023.
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.