Active

ANDRETTI FORMULA E LIMITED Financials

Company number
09243026Copy
copy info iconCopy
Registered office
Unit 1 Mead Court Thorpe Mead, Thorpe Way Industrial Estate, Banbury OX16 4RZ
Incorporated
01/10/2014

Company snapshot

Status
Active
Employees
15 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

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

Net Assets

£-18.94M2024
-137.81%vs 2023

2023: £-7.96M

Total Assets

£4.19M2024
-8.40%vs 2023

2023: £4.57M

Cash in Bank

£5.59K2024
-96.09%vs 2023

2023: £143.14K

Total Liabilities

£22.31M2024
94.83%vs 2023

2023: £11.45M

Employees

152024
+5vs 2023

2023: 10

In 2024, ANDRETTI FORMULA E LIMITED reported net assets of £-18.94M. The same filing shows total assets of £4.19M, cash in bank of £5.59K and total liabilities of £22.31M. Reported headcount was 15 in 2024. Net Assets fell from £-7.96M in 2023 to £-18.94M in 2024 (-137.81%). 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

£-18.94M2024
-137.81%from £-7.96M 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 ANDRETTI FORMULA E LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£383.36K2022£-18.94M2024
-5039%vs 2022

Cash in Bank

£35.12K2022£5.59K2024
-84.1%vs 2022

-60.1% a year compound (CAGR)

Total Assets

£4.04M2022£4.19M2024
+3.6%vs 2022

+1.8% a year compound (CAGR)

Total Liabilities

£2.76M2022£22.31M2024
+707%vs 2022

+184% a year compound (CAGR)

Employees

62022152024
+150%vs 2022+9

Biggest increase

Total Liabilities+707%

£2.76M in 2022 to £22.31M in 2024

Biggest decrease

Net Assets-5039%

£383.36K in 2022 to £-18.94M in 2024

ANDRETTI FORMULA E LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, 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 ANDRETTI FORMULA E 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
-452.07%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
532.54%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
0.03%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
0.13%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 ANDRETTI FORMULA E LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202220232024
Net Assets£383.36K-7.96M-18.94M
Total Assets£4.04M4.57M4.19M
Cash in Bank£35.12K143.14K5.59K
Total Liabilities£2.76M11.45M22.31M
Employees61015

ANDRETTI FORMULA E LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has ANDRETTI FORMULA E LIMITED filed financial statements?

toggle

Yes. Okredo holds filed figures for ANDRETTI FORMULA E LIMITED covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.

What net assets did ANDRETTI FORMULA E LIMITED report in 2024?

toggle

ANDRETTI FORMULA E LIMITED reported net assets of £-18.94M for 2024. That compares with £-7.96M in 2023, a change of -137.81%.

What total assets did ANDRETTI FORMULA E LIMITED report in 2024?

toggle

ANDRETTI FORMULA E LIMITED reported total assets of £4.19M for 2024. That compares with £4.57M in 2023, a change of -8.40%.

What cash in bank did ANDRETTI FORMULA E LIMITED report in 2024?

toggle

ANDRETTI FORMULA E LIMITED reported cash in bank of £5.59K for 2024. That compares with £143.14K in 2023, a change of -96.09%.

How many people does ANDRETTI FORMULA E LIMITED employ?

toggle

ANDRETTI FORMULA E LIMITED reported 15 employees in 2024, compared with 10 in 2023.

How have ANDRETTI FORMULA E LIMITED financials changed over the last 3 years?

toggle

Between 2022 and 2024, ANDRETTI FORMULA E LIMITED's net assets fell by 5039%, cash in bank fell by 84.1%, total assets rose by 3.6% and total liabilities rose by 707%. Cash in bank contracted at 60.1% a year across the two years to 2024, from £35.12K to £5.59K. Reported headcount went from 6 in 2022 to 15 in 2024 (+9).

Which years of ANDRETTI FORMULA E LIMITED financial data are available?

toggle

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.