SPACE PROJECTS HULL LTD Financials
- Company number
- 05958380CopyCopy
- Registered office
- The Old Scotney Building Air Street, Sculcoates Lane, Hull, East Yorkshire HU5 1RR
- Incorporated
- 06/10/2006
Company snapshot
- Status
- Active
- Employees
- 24 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
175.14%vs 20232023: £26.25K
Total Assets
64.34%vs 20232023: £897.87K
Cash in Bank
103.04%vs 20232023: £361.51K
Total Liabilities
63.23%vs 20232023: £834.88K
Employees
0vs 20232023: 24
In 2024, SPACE PROJECTS HULL LTD reported net assets of £72.21K. The same filing shows total assets of £1.48M, cash in bank of £734.01K and total liabilities of £1.36M. Reported headcount was 24 in 2024. Total Assets rose from £897.87K in 2023 to £1.48M in 2024 (64.34%). 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
175.14%from £26.25K 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 SPACE PROJECTS HULL LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-39%vs 2022-21.9% a year compound (CAGR)
Cash in Bank
+237%vs 2022+83.5% a year compound (CAGR)
Total Assets
-1.9%vs 2022-0.9% a year compound (CAGR)
Total Liabilities
+2%vs 2022+1% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Cash in Bank+237%
£218.06K in 2022 to £734.01K in 2024
Biggest decrease
Net Assets-39%
£118.45K in 2022 to £72.21K in 2024
SPACE PROJECTS HULL 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, 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 SPACE PROJECTS HULL 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
- 4.89%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
- 92.36%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
- 53.86%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
- 49.75%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 SPACE PROJECTS HULL 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£ | 101.05K | 118.45K | 26.25K | 72.21K |
| Total Assets£ | 1.10M | 1.50M | 897.87K | 1.48M |
| Cash in Bank£ | 99.82K | 218.06K | 361.51K | 734.01K |
| Total Liabilities£ | 965.11K | 1.34M | 834.88K | 1.36M |
| Employees | 24 | 24 | 24 | 24 |
SPACE PROJECTS HULL LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SPACE PROJECTS HULL LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
SPACE PROJECTS HULL LTD reported net assets of £72.21K for 2024. That compares with £26.25K in 2023, a change of 175.14%.
SPACE PROJECTS HULL LTD reported total assets of £1.48M for 2024. That compares with £897.87K in 2023, a change of 64.34%.
SPACE PROJECTS HULL LTD reported cash in bank of £734.01K for 2024. That compares with £361.51K in 2023, a change of 103.04%.
SPACE PROJECTS HULL LTD reported 24 employees in 2024, compared with 24 in 2023.
Between 2022 and 2024, SPACE PROJECTS HULL LTD's net assets fell by 39%, cash in bank rose by 237%, total assets fell by 1.9% and total liabilities rose by 2%. Net assets contracted at 21.9% a year across the two years to 2024, from £118.45K to £72.21K. Reported headcount went from 24 in 2022 to 24 in 2024.
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.