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SLINGSHOT AEROSPACE LTD Financials

Company number
08750033Copy
Copy
Registered office
Space Systems Operations Facility Spaceport Cornwall, St Mawgan,, Newquay, Cornwall TR8 4HP
Incorporated
28/10/2013

Company snapshot

Status
Active
Employees
11 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

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

Net Assets

£-96.12K2024
-171.01%vs 2023

2023: £135.36K

Total Assets

£564.00K2024
-16.66%vs 2023

2023: £676.70K

Cash in Bank

£330.79K2024
13.60%vs 2023

2023: £291.18K

Total Liabilities

£653.25K2024
21.87%vs 2023

2023: £536.02K

Employees

112024
+3vs 2023

2023: 8

In 2024, SLINGSHOT AEROSPACE LTD reported net assets of £-96.12K. The same filing shows total assets of £564.00K, cash in bank of £330.79K and total liabilities of £653.25K. Reported headcount was 11 in 2024. Net Assets fell from £135.36K in 2023 to £-96.12K in 2024 (-171.01%). 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

£-96.12K2024
-171.01%from £135.36K 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 SLINGSHOT AEROSPACE LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£-63.19K2022£-96.12K2024
Decreasedvs 2022

Cash in Bank

£208.82K2022£330.79K2024
+58.4%vs 2022

+25.9% a year compound (CAGR)

Total Assets

£385.96K2022£564.00K2024
+46.1%vs 2022

+20.9% a year compound (CAGR)

Total Liabilities

£443.64K2022£653.25K2024
+47.2%vs 2022

+21.3% a year compound (CAGR)

Employees

82022112024
+37.5%vs 2022+3

Biggest increase

Cash in Bank+58.4%

£208.82K in 2022 to £330.79K in 2024

SLINGSHOT AEROSPACE LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, with total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from SLINGSHOT AEROSPACE 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
-17.04%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
115.83%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
50.64%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
58.65%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 SLINGSHOT AEROSPACE LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£179.76K-63.19K135.36K-96.12K
Total Assets£552.45K385.96K676.70K564.00K
Cash in Bank£458.87K208.82K291.18K330.79K
Total Liabilities£369.47K443.64K536.02K653.25K
Employees88811

SLINGSHOT AEROSPACE LTD financials: frequently asked questions

Answered from this company's own filed figures.

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

SLINGSHOT AEROSPACE LTD reported net assets of £-96.12K for 2024. That compares with £135.36K in 2023, a change of -171.01%.

SLINGSHOT AEROSPACE LTD reported total assets of £564.00K for 2024. That compares with £676.70K in 2023, a change of -16.66%.

SLINGSHOT AEROSPACE LTD reported cash in bank of £330.79K for 2024. That compares with £291.18K in 2023, a change of 13.60%.

SLINGSHOT AEROSPACE LTD reported 11 employees in 2024, compared with 8 in 2023.

Between 2022 and 2024, SLINGSHOT AEROSPACE LTD's cash in bank rose by 58.4%, total assets rose by 46.1%, total liabilities rose by 47.2% and employee numbers rose by 37.5%. Cash in bank compounded at 25.9% a year across the two years to 2024, from £208.82K to £330.79K. Reported headcount went from 8 in 2022 to 11 in 2024 (+3).

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.