ERGON MIDDLE EAST LIMITED Financials
- Company number
- 12480061Copy
Copy - Registered office
- Solar House, 282 Chase Road, London N14 6NZ
- Incorporated
- 24/02/2020
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
-82.01%vs 20232023: £126.15K
Total Assets
-25.22%vs 20232023: £295.41K
Cash in Bank
29.15%vs 20232023: £161.37K
Total Liabilities
17.11%vs 20232023: £169.26K
Employees
0vs 20232023: 5
In 2024, ERGON MIDDLE EAST LIMITED reported net assets of £22.70K. The same filing shows total assets of £220.91K, cash in bank of £208.41K and total liabilities of £198.21K. Reported headcount was 5 in 2024. Net Assets fell from £126.15K in 2023 to £22.70K in 2024 (-82.01%). 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
-82.01%from £126.15K 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 ERGON MIDDLE EAST LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-55.9%vs 2022-33.6% a year compound (CAGR)
Cash in Bank
+230%vs 2022+81.7% a year compound (CAGR)
Total Assets
+232%vs 2022+82.2% a year compound (CAGR)
Total Liabilities
+1213%vs 2022+262% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Total Liabilities+1213%
£15.10K in 2022 to £198.21K in 2024
Biggest decrease
Net Assets-55.9%
£51.43K in 2022 to £22.70K in 2024
ERGON MIDDLE EAST 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 ERGON MIDDLE EAST 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
- 10.28%2024
- Liabilities to total assets
- 89.72%2024
- Cash to liabilities
- 105.14%2024
- Cash to total assets
- 94.34%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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 ERGON MIDDLE EAST 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£ | 100.00 | 51.43K | 126.15K | 22.70K |
| Total Assets£ | 100.00 | 66.52K | 295.41K | 220.91K |
| Cash in Bank£ | 100.00 | 63.09K | 161.37K | 208.41K |
| Total Liabilities£ | 0.00 | 15.10K | 169.26K | 198.21K |
| Employees | 0 | 5 | 5 | 5 |
ERGON MIDDLE EAST LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has ERGON MIDDLE EAST LIMITED filed financial statements?
Yes. Okredo holds filed figures for ERGON MIDDLE EAST LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did ERGON MIDDLE EAST LIMITED report in 2024?
ERGON MIDDLE EAST LIMITED reported net assets of £22.70K for 2024. That compares with £126.15K in 2023, a change of -82.01%.
What total assets did ERGON MIDDLE EAST LIMITED report in 2024?
ERGON MIDDLE EAST LIMITED reported total assets of £220.91K for 2024. That compares with £295.41K in 2023, a change of -25.22%.
What cash in bank did ERGON MIDDLE EAST LIMITED report in 2024?
ERGON MIDDLE EAST LIMITED reported cash in bank of £208.41K for 2024. That compares with £161.37K in 2023, a change of 29.15%.
How many people does ERGON MIDDLE EAST LIMITED employ?
ERGON MIDDLE EAST LIMITED reported 5 employees in 2024, compared with 5 in 2023.
How have ERGON MIDDLE EAST LIMITED financials changed over the last 3 years?
Between 2022 and 2024, ERGON MIDDLE EAST LIMITED's net assets fell by 55.9%, cash in bank rose by 230%, total assets rose by 232% and total liabilities rose by 1213%. Net assets contracted at 33.6% a year across the two years to 2024, from £51.43K to £22.70K. Reported headcount went from 5 in 2022 to 5 in 2024.
Which years of ERGON MIDDLE EAST LIMITED financial data are available?
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.