SPINCRAFT LTD Financials
- Company number
- NI046406CopyCopy
- Registered office
- 158 Annagher Road, Coalisland, County Tyrone BT71 5DA
- Incorporated
- 07/05/2003
Company snapshot
- Status
- Active
- Employees
- 17 (2024)
- Latest financial data
- 2024
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
9.15%vs 20232023: £3.72M
Total Assets
6.14%vs 20232023: £5.05M
Cash in Bank
22.61%vs 20232023: £2.04M
Total Liabilities
7.34%vs 20232023: £295.50K
Employees
-1vs 20232023: 18
In 2024, SPINCRAFT LTD reported net assets of £4.06M. The same filing shows total assets of £5.36M, cash in bank of £2.50M and total liabilities of £317.20K. Reported headcount was 17 in 2024. Cash in Bank rose from £2.04M in 2023 to £2.50M in 2024 (22.61%). 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
9.15%from £3.72M 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 SPINCRAFT LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+24.2%vs 2022+11.5% a year compound (CAGR)
Cash in Bank
+44.3%vs 2022+20.1% a year compound (CAGR)
Total Assets
+14.2%vs 2022+6.9% a year compound (CAGR)
Total Liabilities
-23%vs 2022-12.3% a year compound (CAGR)
Employees
-5.6%vs 2022-1Biggest increase
Cash in Bank+44.3%
£1.73M in 2022 to £2.50M in 2024
Biggest decrease
Total Liabilities-23%
£412.17K in 2022 to £317.20K in 2024
SPINCRAFT 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 total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SPINCRAFT 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
- 75.65%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
- 5.91%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
- 788.83%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
- 46.65%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 SPINCRAFT 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£ | 2.45M | 3.27M | 3.72M | 4.06M |
| Total Assets£ | 3.92M | 4.70M | 5.05M | 5.36M |
| Cash in Bank£ | 1.03M | 1.73M | 2.04M | 2.50M |
| Total Liabilities£ | 433.42K | 412.17K | 295.50K | 317.20K |
| Employees | 16 | 18 | 18 | 17 |
SPINCRAFT LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SPINCRAFT LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
SPINCRAFT LTD reported net assets of £4.06M for 2024. That compares with £3.72M in 2023, a change of 9.15%.
SPINCRAFT LTD reported total assets of £5.36M for 2024. That compares with £5.05M in 2023, a change of 6.14%.
SPINCRAFT LTD reported cash in bank of £2.50M for 2024. That compares with £2.04M in 2023, a change of 22.61%.
SPINCRAFT LTD reported 17 employees in 2024, compared with 18 in 2023.
Between 2022 and 2024, SPINCRAFT LTD's net assets rose by 24.2%, cash in bank rose by 44.3%, total assets rose by 14.2% and total liabilities fell by 23%. Net assets compounded at 11.5% a year across the two years to 2024, from £3.27M to £4.06M. Reported headcount went from 18 in 2022 to 17 in 2024 (-1).
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.