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SKYSMART MRO LTD Financials

Company number
04682337Copy
Copy
Registered office
12 Flitch Industrial Estate, Chelmsford Road, Great Dunmow, Essex CM6 1XJ
Incorporated
28/02/2003

Company snapshot

Status
Active
Employees
32 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£1.42M2024
19.86%vs 2023

2023: £1.19M

Total Assets

£7.40M2024
62.72%vs 2023

2023: £4.55M

Cash in Bank

£480.77K2024
25.24%vs 2023

2023: £383.88K

Total Liabilities

£2.97M2024
68.27%vs 2023

2023: £1.76M

Employees

322024
+8vs 2023

2023: 24

In 2024, SKYSMART MRO LTD reported net assets of £1.42M. The same filing shows total assets of £7.40M, cash in bank of £480.77K and total liabilities of £2.97M. Reported headcount was 32 in 2024. Total Assets rose from £4.55M in 2023 to £7.40M in 2024 (62.72%). 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

£1.42M2024
19.86%from £1.19M in 2023

Year-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 SKYSMART MRO LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£-144.19K2022£1.42M2024
Increasedvs 2022

Cash in Bank

£118.22K2022£480.77K2024
+307%vs 2022

+102% a year compound (CAGR)

Total Assets

£3.62M2022£7.40M2024
+104%vs 2022

+43% a year compound (CAGR)

Total Liabilities

£2.42M2022£2.97M2024
+22.3%vs 2022

+10.6% a year compound (CAGR)

Employees

212022322024
+52.4%vs 2022+11

Biggest increase

Cash in Bank+307%

£118.22K in 2022 to £480.77K in 2024

Every indicator Okredo holds for SKYSMART MRO LTD rose between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from SKYSMART MRO 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
19.20%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
40.05%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
16.21%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
6.49%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 SKYSMART MRO LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£-148.49K-144.19K1.19M1.42M
Total Assets£2.72M3.62M4.55M7.40M
Cash in Bank£105.53K118.22K383.88K480.77K
Total Liabilities£1.79M2.42M1.76M2.97M
Employees21212432

SKYSMART MRO LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for SKYSMART MRO LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

SKYSMART MRO LTD reported net assets of £1.42M for 2024. That compares with £1.19M in 2023, a change of 19.86%.

SKYSMART MRO LTD reported total assets of £7.40M for 2024. That compares with £4.55M in 2023, a change of 62.72%.

SKYSMART MRO LTD reported cash in bank of £480.77K for 2024. That compares with £383.88K in 2023, a change of 25.24%.

SKYSMART MRO LTD reported 32 employees in 2024, compared with 24 in 2023.

Between 2022 and 2024, SKYSMART MRO LTD's cash in bank rose by 307%, total assets rose by 104%, total liabilities rose by 22.3% and employee numbers rose by 52.4%. Cash in bank compounded at 102% a year across the two years to 2024, from £118.22K to £480.77K. Reported headcount went from 21 in 2022 to 32 in 2024 (+11).

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.