SKY ENGINE LIMITED Financials
- Company number
- 11333531CopyCopy
- Registered office
- 7 Bell Yard, London WC2A 2JR
- Incorporated
- 27/04/2018
Company snapshot
- Status
- Active
- Employees
- 4 (2023)
- Latest financial data
- 2023
- Accounts type
- Group
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-516.58%vs 20222022: £-178.98K
Total Assets
-76.55%vs 20222022: £352.25K
Cash in Bank
-87.14%vs 20222022: £288.37K
Total Liabilities
123.75%vs 20222022: £528.64K
Employees
+1vs 20222022: 3
In 2023, SKY ENGINE LIMITED reported net assets of £-1.10M. The same filing shows total assets of £82.59K, cash in bank of £37.09K and total liabilities of £1.18M. Reported headcount was 4 in 2023. Net Assets fell from £-178.98K in 2022 to £-1.10M in 2023 (-516.58%). 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
-516.58%from £-178.98K 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 SKY ENGINE LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2021Cash in Bank
-25.7%vs 2021-13.8% a year compound (CAGR)
Total Assets
+9.6%vs 2021+4.7% a year compound (CAGR)
Total Liabilities
+787%vs 2021+198% a year compound (CAGR)
Employees
-33.3%vs 2021-2Biggest increase
Total Liabilities+787%
£133.31K in 2021 to £1.18M in 2023
Biggest decrease
Employees-33.3%
6 in 2021 to 4 in 2023
SKY ENGINE LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SKY ENGINE 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
- -1,336.23%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
- 1,432.20%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
- 3.14%2023
- 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
- 44.91%2023
- 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 SKY ENGINE LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | -61.41K | -178.98K | -1.10M |
| Total Assets£ | 75.36K | 352.25K | 82.59K |
| Cash in Bank£ | 49.92K | 288.37K | 37.09K |
| Total Liabilities£ | 133.31K | 528.64K | 1.18M |
| Employees | 6 | 3 | 4 |
SKY ENGINE LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SKY ENGINE LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
SKY ENGINE LIMITED reported net assets of £-1.10M for 2023. That compares with £-178.98K in 2022, a change of -516.58%.
SKY ENGINE LIMITED reported total assets of £82.59K for 2023. That compares with £352.25K in 2022, a change of -76.55%.
SKY ENGINE LIMITED reported cash in bank of £37.09K for 2023. That compares with £288.37K in 2022, a change of -87.14%.
SKY ENGINE LIMITED reported 4 employees in 2023, compared with 3 in 2022.
Between 2021 and 2023, SKY ENGINE LIMITED's cash in bank fell by 25.7%, total assets rose by 9.6%, total liabilities rose by 787% and employee numbers fell by 33.3%. Cash in bank contracted at 13.8% a year across the two years to 2023, from £49.92K to £37.09K. Reported headcount went from 6 in 2021 to 4 in 2023 (-2).
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.