HYSPEC ENGINEERING LIMITED

Company number SC371408 ·

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Net assets, total assets & total liabilities 2018 – 2024

  • Total assets
  • Net assets
  • Total liabilities
-£6m -£4m -£2m £0 £2m £4m £6m 2018 2019 2020 2021 2022 2023 2024 Total assets 2018: £5,270,761 Total assets 2019: £4,414,177 Total assets 2020: £3,116,355 Total assets 2021: £2,894,287 Total assets 2022: £4,392,275 Total assets 2023: £3,074,926 Total assets 2024: £2,198,293 Total assets Net assets 2018: £1,895,860 Net assets 2019: £1,428,656 Net assets 2020: £1,078,203 Net assets 2021: £251,623 Net assets 2022: -£925,043 Net assets 2023: -£481,955 Net assets 2024: -£151,277 Net assets Total liabilities 2018: -£3,200,941 Total liabilities 2019: -£2,767,702 Total liabilities 2020: -£1,728,311 Total liabilities 2021: -£1,904,515 Total liabilities 2022: -£4,667,578 Total liabilities 2023: -£3,539,381 Total liabilities 2024: -£2,342,070 Total liabilities

Figures extracted from filed accounts. Hover a point for the exact value.

Employees 2023 – 2024

0 20 40 60 80 100 2023 2024 2023: 83 2024: 66

Average employees, from filed accounts. Hover a point for the exact figure.

Balance sheet by year 7 years

Latest accounts (2024-12-31): Audited.

Year ending Total assets Total liabilities Net assets Cash Turnover Profit Employees
2024-12-31 £2,198,293 -£2,342,070 -£151,277 £72,187 £330,678 66
2023-12-31 £3,074,926 -£3,539,381 -£481,955 £40,729 £443,088 83
2022-12-31 £4,392,275 -£4,667,578 -£925,043 £25,243
2021-12-31 £2,894,287 -£1,904,515 £251,623 £70,741
2020-12-31 £3,116,355 -£1,728,311 £1,078,203 £66,588 £7,719,506
2019-12-31 £4,414,177 -£2,767,702 £1,428,656 £105,224
2018-12-31 £5,270,761 -£3,200,941 £1,895,860 £35,693

Profit and employee figures are captured from accounts filed from August 2026 onwards, where the accounts disclose them.

Profit & loss 2024-12-31

Administrative expenses
£2,534,314
Wages & salaries
£2,667,971
Profit for the year
£330,678
Average employees
66

Debt & working capital 2024-12-31

Bank borrowings & overdrafts
£10,000
Owed by customers
£1,631,806
Owed to suppliers
£284,775