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SKYNER ENGINEERING SERVICES LIMITED Financials

Company number
10787843Copy
Copy
Registered office
Unit 28 Drome Road, Deeside Industrial Park, Deeside CH5 2NY
Incorporated
24/05/2017

Company snapshot

Status
Active
Employees
18 (2023)
Latest financial data
2023
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2023.

Net Assets

£266.39K2023
26.82%vs 2022

2022: £210.04K

Total Assets

£426.35K2021
First reported year

Cash in Bank

£115.53K2023
-14.29%vs 2022

2022: £134.79K

Total Liabilities

£241.59K2021
First reported year

Employees

182023
+7vs 2022

2022: 11

In 2023, SKYNER ENGINEERING SERVICES LIMITED reported net assets of £266.39K. The same filing shows total assets of £426.35K, cash in bank of £115.53K and total liabilities of £241.59K. Reported headcount was 18 in 2023. Net Assets rose from £210.04K in 2022 to £266.39K in 2023 (26.82%). 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

£266.39K2023
26.82%from £210.04K in 2022

Year-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 SKYNER ENGINEERING SERVICES LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.

Net Assets

£184.77K2021£266.39K2023
+44.2%vs 2021

+20.1% a year compound (CAGR)

Cash in Bank

£168.65K2021£115.53K2023
-31.5%vs 2021

-17.2% a year compound (CAGR)

Employees

82021182023
+125%vs 2021+10

Biggest increase

Employees+125%

8 in 2021 to 18 in 2023

Biggest decrease

Cash in Bank-31.5%

£168.65K in 2021 to £115.53K in 2023

SKYNER ENGINEERING SERVICES LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.

Ratios from the filed figures

Calculated from SKYNER ENGINEERING SERVICES 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
43.34%2021
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
56.66%2021
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
69.81%2021
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
39.56%2021
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 SKYNER ENGINEERING SERVICES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202120222023
Net Assets£184.77K210.04K266.39K
Total Assets£426.35K––
Cash in Bank£168.65K134.79K115.53K
Total Liabilities£241.59K––
Employees81118

SKYNER ENGINEERING SERVICES LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for SKYNER ENGINEERING SERVICES LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.

SKYNER ENGINEERING SERVICES LIMITED reported net assets of £266.39K for 2023. That compares with £210.04K in 2022, a change of 26.82%.

SKYNER ENGINEERING SERVICES LIMITED reported total assets of £426.35K for 2021. There is no earlier filing to compare it against.

SKYNER ENGINEERING SERVICES LIMITED reported cash in bank of £115.53K for 2023. That compares with £134.79K in 2022, a change of -14.29%.

SKYNER ENGINEERING SERVICES LIMITED reported 18 employees in 2023, compared with 11 in 2022.

Between 2021 and 2023, SKYNER ENGINEERING SERVICES LIMITED's net assets rose by 44.2%, cash in bank fell by 31.5% and employee numbers rose by 125%. Net assets compounded at 20.1% a year across the two years to 2023, from £184.77K to £266.39K. Reported headcount went from 8 in 2021 to 18 in 2023 (+10).

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.