CORRIMONY ENERGY LIMITED Financials
- Company number
- SC358976CopyCopy
- Registered office
- Fairways House C/O Azets, Fairways Business Park, Inverness IV2 6AA
- Incorporated
- 01/05/2009
Company snapshot
- Status
- Active
- Employees
- 5 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
269.29%vs 20232023: £440.45K
Total Assets
3.91%vs 20232023: £11.64M
Cash in Bank
39.14%vs 20232023: £2.37M
Total Liabilities
-6.53%vs 20232023: £11.20M
Employees
-1vs 20232023: 6
In 2024, CORRIMONY ENERGY LIMITED reported net assets of £1.63M. The same filing shows total assets of £12.09M, cash in bank of £3.29M and total liabilities of £10.47M. Reported headcount was 5 in 2024. Net Assets rose from £440.45K in 2023 to £1.63M in 2024 (269.29%). Okredo holds filed figures for 2021–2024; 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
269.29%from £440.45K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures CORRIMONY ENERGY LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-44.7%vs 2022-25.6% a year compound (CAGR)
Cash in Bank
-7.8%vs 2022-4% a year compound (CAGR)
Total Assets
-5%vs 2022-2.5% a year compound (CAGR)
Total Liabilities
+7%vs 2022+3.4% a year compound (CAGR)
Employees
-16.7%vs 2022-1Biggest increase
Total Liabilities+7%
£9.78M in 2022 to £10.47M in 2024
Biggest decrease
Net Assets-44.7%
£2.94M in 2022 to £1.63M in 2024
CORRIMONY ENERGY 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 CORRIMONY ENERGY 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
- 13.45%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
- 86.55%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
- 31.46%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
- 27.22%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 CORRIMONY ENERGY LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 2.16M | 2.94M | 440.45K | 1.63M |
| Total Assets£ | 12.41M | 12.72M | 11.64M | 12.09M |
| Cash in Bank£ | 2.92M | 3.57M | 2.37M | 3.29M |
| Total Liabilities£ | 10.25M | 9.78M | 11.20M | 10.47M |
| Employees | 6 | 6 | 6 | 5 |
CORRIMONY ENERGY LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for CORRIMONY ENERGY LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
CORRIMONY ENERGY LIMITED reported net assets of £1.63M for 2024. That compares with £440.45K in 2023, a change of 269.29%.
CORRIMONY ENERGY LIMITED reported total assets of £12.09M for 2024. That compares with £11.64M in 2023, a change of 3.91%.
CORRIMONY ENERGY LIMITED reported cash in bank of £3.29M for 2024. That compares with £2.37M in 2023, a change of 39.14%.
CORRIMONY ENERGY LIMITED reported 5 employees in 2024, compared with 6 in 2023.
Between 2022 and 2024, CORRIMONY ENERGY LIMITED's net assets fell by 44.7%, cash in bank fell by 7.8%, total assets fell by 5% and total liabilities rose by 7%. Net assets contracted at 25.6% a year across the two years to 2024, from £2.94M to £1.63M. Reported headcount went from 6 in 2022 to 5 in 2024 (-1).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.