CITY ENERGY NETWORK LIMITED Financials
- Company number
- 07889412CopyCopy
- Registered office
- Riverside Buildings, Nile Street, Pontypridd, Mid Glamorgan CF37 1BW
- Incorporated
- 21/12/2011
Company snapshot
- Status
- Active
- Employees
- 109 (2023)
- Latest financial data
- 2023
- Accounts type
- Group
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
152.64%vs 20222022: £10.46M
Total Assets
138.14%vs 20222022: £14.11M
Cash in Bank
186.91%vs 20222022: £6.83M
Total Liabilities
98.83%vs 20222022: £3.59M
Employees
+17vs 20222022: 92
In 2023, CITY ENERGY NETWORK LIMITED reported net assets of £26.43M. The same filing shows total assets of £33.60M, cash in bank of £19.60M and total liabilities of £7.13M. Reported headcount was 109 in 2023. Total Assets rose from £14.11M in 2022 to £33.60M in 2023 (138.14%). Okredo holds filed figures for 2021–2023; 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
152.64%from £10.46M in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures CITY ENERGY NETWORK LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+534%vs 2021+152% a year compound (CAGR)
Cash in Bank
+708%vs 2021+184% a year compound (CAGR)
Total Assets
+462%vs 2021+137% a year compound (CAGR)
Total Liabilities
+313%vs 2021+103% a year compound (CAGR)
Employees
+45.3%vs 2021+34Biggest increase
Cash in Bank+708%
£2.43M in 2021 to £19.60M in 2023
Every indicator Okredo holds for CITY ENERGY NETWORK LIMITED rose between 2021 and 2023. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from CITY ENERGY NETWORK 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
- 78.66%2023
- 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
- 21.21%2023
- 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
- 274.98%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
- 58.34%2023
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £936.86K2023
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for CITY ENERGY NETWORK LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 4.17M | 10.46M | 26.43M |
| Total Assets£ | 5.98M | 14.11M | 33.60M |
| Cash in Bank£ | 2.43M | 6.83M | 19.60M |
| Total Liabilities£ | 1.73M | 3.59M | 7.13M |
| Employees | 75 | 92 | 109 |
CITY ENERGY NETWORK LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for CITY ENERGY NETWORK LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
CITY ENERGY NETWORK LIMITED reported net assets of £26.43M for 2023. That compares with £10.46M in 2022, a change of 152.64%.
CITY ENERGY NETWORK LIMITED reported total assets of £33.60M for 2023. That compares with £14.11M in 2022, a change of 138.14%.
CITY ENERGY NETWORK LIMITED reported cash in bank of £19.60M for 2023. That compares with £6.83M in 2022, a change of 186.91%.
CITY ENERGY NETWORK LIMITED reported 109 employees in 2023, compared with 92 in 2022.
Between 2021 and 2023, CITY ENERGY NETWORK LIMITED's net assets rose by 534%, cash in bank rose by 708%, total assets rose by 462% and total liabilities rose by 313%. Net assets compounded at 152% a year across the two years to 2023, from £4.17M to £26.43M. Reported headcount went from 75 in 2021 to 109 in 2023 (+34).
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.