SPRING & AIRBRAKE IRELAND LIMITED Financials
- Company number
- NI056708CopyCopy
- Registered office
- 19 Lisnataylor Road, Nutts Corner, Crumlin, County Antrim BT29 4TD
- Incorporated
- 05/10/2005
Company snapshot
- Status
- Active
- Employees
- 5 (2025)
- Latest financial data
- 2025
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-18.73%vs 20242024: £260.19K
Total Assets
-11.71%vs 20242024: £482.64K
Cash in Bank
-6.37%vs 20222022: £89.72K
Total Liabilities
-3.50%vs 20242024: £222.45K
Employees
-2vs 20242024: 7
In 2025, SPRING & AIRBRAKE IRELAND LIMITED reported net assets of £211.45K. The same filing shows total assets of £426.13K, cash in bank of £84.01K and total liabilities of £214.68K. Reported headcount was 5 in 2025. Total Assets fell from £482.64K in 2024 to £426.13K in 2025 (-11.71%). Okredo holds filed figures for 2021–2025; 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
-18.73%from £260.19K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures SPRING & AIRBRAKE IRELAND LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-29.2%vs 2023-15.8% a year compound (CAGR)
Total Assets
-29.9%vs 2023-16.3% a year compound (CAGR)
Total Liabilities
-3.1%vs 2023-1.6% a year compound (CAGR)
Employees
-37.5%vs 2023-3Biggest decrease
Employees-37.5%
8 in 2023 to 5 in 2025
Every indicator Okredo holds for SPRING & AIRBRAKE IRELAND LIMITED fell between 2023 and 2025. The steepest fall came in employee numbers, pointing to a smaller workforce, with net assets, total assets and total liabilities falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SPRING & AIRBRAKE IRELAND LIMITED'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
- 49.62%2025
- 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
- 50.38%2025
- 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
- 37.91%2023
- 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
- 13.83%2023
- 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 SPRING & AIRBRAKE IRELAND LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 264.16K | 297.16K | 298.54K | 260.19K | 211.45K |
| Total Assets£ | 459.46K | 592.63K | 607.62K | 482.64K | 426.13K |
| Cash in Bank£ | – | 89.72K | 84.01K | – | – |
| Total Liabilities£ | 195.30K | 209.90K | 221.61K | 222.45K | 214.68K |
| Employees | 8 | 8 | 8 | 7 | 5 |
SPRING & AIRBRAKE IRELAND LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SPRING & AIRBRAKE IRELAND LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
SPRING & AIRBRAKE IRELAND LIMITED reported net assets of £211.45K for 2025. That compares with £260.19K in 2024, a change of -18.73%.
SPRING & AIRBRAKE IRELAND LIMITED reported total assets of £426.13K for 2025. That compares with £482.64K in 2024, a change of -11.71%.
SPRING & AIRBRAKE IRELAND LIMITED reported cash in bank of £84.01K for 2023. That compares with £89.72K in 2022, a change of -6.37%.
SPRING & AIRBRAKE IRELAND LIMITED reported 5 employees in 2025, compared with 7 in 2024.
Between 2023 and 2025, SPRING & AIRBRAKE IRELAND LIMITED's net assets fell by 29.2%, total assets fell by 29.9%, total liabilities fell by 3.1% and employee numbers fell by 37.5%. Net assets contracted at 15.8% a year across the two years to 2025, from £298.54K to £211.45K. Reported headcount went from 8 in 2023 to 5 in 2025 (-3).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.