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STRUCTURAL SCIENCE COMPOSITES LIMITED Financials

Company number
05553133Copy
Copy
Registered office
Computershare Governance Services The Pavilions, Bridgewater Road, Bristol BS13 8FD
Incorporated
02/09/2005

Company snapshot

Status
Active
Employees
19 (2024)
Latest financial data
2024
Accounts type
Small

Financial highlights

Latest reported figures. Okredo holds filed data for 2022–2024.

Net Assets

£1.23M2024
21.24%vs 2023

2023: £1.01M

Total Assets

£4.52M2024
-0.86%vs 2023

2023: £4.56M

Cash in Bank

£947.91K2024
52.32%vs 2023

2023: £622.33K

Total Liabilities

£2.33M2024
-10.56%vs 2023

2023: £2.61M

Employees

192024
+2vs 2023

2023: 17

In 2024, STRUCTURAL SCIENCE COMPOSITES LIMITED reported net assets of £1.23M. The same filing shows total assets of £4.52M, cash in bank of £947.91K and total liabilities of £2.33M. Reported headcount was 19 in 2024. Cash in Bank rose from £622.33K in 2023 to £947.91K in 2024 (52.32%). Okredo holds filed figures for 2022–2024; 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

£1.23M2024
21.24%from £1.01M in 2023

Year-on-year change

Net Assets as filed for 2022–2024. Every figure in this chart is also in the financial history table.

3-year financial trend (2022–2024)

How the figures STRUCTURAL SCIENCE COMPOSITES LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£1.08M2022£1.23M2024
+13.3%vs 2022

+6.4% a year compound (CAGR)

Cash in Bank

£560.59K2022£947.91K2024
+69.1%vs 2022

+30% a year compound (CAGR)

Total Assets

£4.61M2022£4.52M2024
-2.1%vs 2022

-1% a year compound (CAGR)

Total Liabilities

£2.55M2022£2.33M2024
-8.3%vs 2022

-4.3% a year compound (CAGR)

Employees

222022192024
-13.6%vs 2022-3

Biggest increase

Cash in Bank+69.1%

£560.59K in 2022 to £947.91K in 2024

Biggest decrease

Employees-13.6%

22 in 2022 to 19 in 2024

STRUCTURAL SCIENCE COMPOSITES LIMITED'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 employee numbers, pointing to a smaller workforce. See the full year-by-year figures.

Ratios from the filed figures

Calculated from STRUCTURAL SCIENCE COMPOSITES 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
27.15%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
51.67%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
40.60%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
20.98%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 STRUCTURAL SCIENCE COMPOSITES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202220232024
Net Assets£1.08M1.01M1.23M
Total Assets£4.61M4.56M4.52M
Cash in Bank£560.59K622.33K947.91K
Total Liabilities£2.55M2.61M2.33M
Employees221719

STRUCTURAL SCIENCE COMPOSITES LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for STRUCTURAL SCIENCE COMPOSITES LIMITED covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.

STRUCTURAL SCIENCE COMPOSITES LIMITED reported net assets of £1.23M for 2024. That compares with £1.01M in 2023, a change of 21.24%.

STRUCTURAL SCIENCE COMPOSITES LIMITED reported total assets of £4.52M for 2024. That compares with £4.56M in 2023, a change of -0.86%.

STRUCTURAL SCIENCE COMPOSITES LIMITED reported cash in bank of £947.91K for 2024. That compares with £622.33K in 2023, a change of 52.32%.

STRUCTURAL SCIENCE COMPOSITES LIMITED reported 19 employees in 2024, compared with 17 in 2023.

Between 2022 and 2024, STRUCTURAL SCIENCE COMPOSITES LIMITED's net assets rose by 13.3%, cash in bank rose by 69.1%, total assets fell by 2.1% and total liabilities fell by 8.3%. Net assets compounded at 6.4% a year across the two years to 2024, from £1.08M to £1.23M. Reported headcount went from 22 in 2022 to 19 in 2024 (-3).

Okredo holds reported figures for the years 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.