SKYNET WORLDWIDE EXPRESS LIMITED Financials
- Company number
- 04334961CopyCopy
- Registered office
- Skynet House, 18 - 21 Pulborough Way, Hounslow TW4 6DE
- Incorporated
- 05/12/2001
Company snapshot
- Status
- Active
- Employees
- 6 (2023)
- Latest financial data
- 2023
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
26.11%vs 20222022: £7.59M
Total Assets
18.69%vs 20222022: £18.12M
Cash in Bank
443.10%vs 20222022: £372.83K
Total Liabilities
16.36%vs 20222022: £9.25M
Employees
0vs 20222022: 6
In 2023, SKYNET WORLDWIDE EXPRESS LIMITED reported net assets of £9.57M. The same filing shows total assets of £21.51M, cash in bank of £2.02M and total liabilities of £10.76M. Reported headcount was 6 in 2023. Total Assets rose from £18.12M in 2022 to £21.51M in 2023 (18.69%). 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
26.11%from £7.59M 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 SKYNET WORLDWIDE EXPRESS LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-63.6%vs 2021-39.7% a year compound (CAGR)
Cash in Bank
+1035%vs 2021+237% a year compound (CAGR)
Total Assets
-46.1%vs 2021-26.6% a year compound (CAGR)
Total Liabilities
-11.7%vs 2021-6% a year compound (CAGR)
Employees
-14.3%vs 2021-1Biggest increase
Cash in Bank+1035%
£178.43K in 2021 to £2.02M in 2023
Biggest decrease
Net Assets-63.6%
£26.28M in 2021 to £9.57M in 2023
SKYNET WORLDWIDE EXPRESS LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SKYNET WORLDWIDE EXPRESS 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
- 44.49%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
- 50.04%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
- 18.81%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
- 9.41%2023
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £10.46M2023
- 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 SKYNET WORLDWIDE EXPRESS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 26.28M | 7.59M | 9.57M |
| Total Assets£ | 39.91M | 18.12M | 21.51M |
| Cash in Bank£ | 178.43K | 372.83K | 2.02M |
| Total Liabilities£ | 12.19M | 9.25M | 10.76M |
| Employees | 7 | 6 | 6 |
SKYNET WORLDWIDE EXPRESS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SKYNET WORLDWIDE EXPRESS LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
SKYNET WORLDWIDE EXPRESS LIMITED reported net assets of £9.57M for 2023. That compares with £7.59M in 2022, a change of 26.11%.
SKYNET WORLDWIDE EXPRESS LIMITED reported total assets of £21.51M for 2023. That compares with £18.12M in 2022, a change of 18.69%.
SKYNET WORLDWIDE EXPRESS LIMITED reported cash in bank of £2.02M for 2023. That compares with £372.83K in 2022, a change of 443.10%.
SKYNET WORLDWIDE EXPRESS LIMITED reported 6 employees in 2023, compared with 6 in 2022.
Between 2021 and 2023, SKYNET WORLDWIDE EXPRESS LIMITED's net assets fell by 63.6%, cash in bank rose by 1035%, total assets fell by 46.1% and total liabilities fell by 11.7%. Net assets contracted at 39.7% a year across the two years to 2023, from £26.28M to £9.57M. Reported headcount went from 7 in 2021 to 6 in 2023 (-1).
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.