SKYWHEELS LTD Financials
- Company number
- 13161231CopyCopy
- Registered office
- Mead Lane Warehouse, Mead Lane, Lydney, Gloucestershire GL15 5EL
- Incorporated
- 27/01/2021
Company snapshot
- Status
- Active
- Employees
- 30 (2024)
- Latest financial data
- 2024
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-156.47%vs 20232023: £-498.24K
Total Assets
136.41%vs 20232023: £788.90K
Cash in Bank
-37.68%vs 20232023: £70.46K
Total Liabilities
155.80%vs 20232023: £1.18M
Employees
+3vs 20232023: 27
In 2024, SKYWHEELS LTD reported net assets of £-1.28M. The same filing shows total assets of £1.87M, cash in bank of £43.91K and total liabilities of £3.03M. Reported headcount was 30 in 2024. Total Liabilities rose from £1.18M in 2023 to £3.03M in 2024 (155.80%). 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
-156.47%from £-498.24K in 2023Year-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 SKYWHEELS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2022Cash in Bank
+11.6%vs 2022+5.6% a year compound (CAGR)
Total Assets
+170%vs 2022+64.2% a year compound (CAGR)
Total Liabilities
+223%vs 2022+79.9% a year compound (CAGR)
Employees
+20%vs 2022+5Biggest increase
Total Liabilities+223%
£936.13K in 2022 to £3.03M in 2024
SKYWHEELS LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, with cash in bank, total assets and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SKYWHEELS 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
- -68.51%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
- 162.36%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
- 1.45%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
- 2.35%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 SKYWHEELS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | -350.00 | -375.92K | -498.24K | -1.28M |
| Total Assets£ | 468.27K | 691.40K | 788.90K | 1.87M |
| Cash in Bank£ | 76.44K | 39.35K | 70.46K | 43.91K |
| Total Liabilities£ | 349.62K | 936.13K | 1.18M | 3.03M |
| Employees | 0 | 25 | 27 | 30 |
SKYWHEELS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SKYWHEELS LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
SKYWHEELS LTD reported net assets of £-1.28M for 2024. That compares with £-498.24K in 2023, a change of -156.47%.
SKYWHEELS LTD reported total assets of £1.87M for 2024. That compares with £788.90K in 2023, a change of 136.41%.
SKYWHEELS LTD reported cash in bank of £43.91K for 2024. That compares with £70.46K in 2023, a change of -37.68%.
SKYWHEELS LTD reported 30 employees in 2024, compared with 27 in 2023.
Between 2022 and 2024, SKYWHEELS LTD's cash in bank rose by 11.6%, total assets rose by 170%, total liabilities rose by 223% and employee numbers rose by 20%. Cash in bank compounded at 5.6% a year across the two years to 2024, from £39.35K to £43.91K. Reported headcount went from 25 in 2022 to 30 in 2024 (+5).
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.