EXCHANGE UTILITY LIMITED Financials
- Company number
- 10255652Copy
Copy - Registered office
- Athenaeum House, Market Street, Bury, Lancashire BL9 0BL
- Incorporated
- 28/06/2016
Company snapshot
- Status
- Active
- Employees
- 55 (2024)
- Latest financial data
- 2024
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
17.90%vs 20232023: £-2.04M
Total Assets
-17.85%vs 20232023: £6.75M
Cash in Bank
-23.58%vs 20232023: £2.01M
Total Liabilities
-17.42%vs 20232023: £8.72M
Employees
+2vs 20232023: 53
In 2024, EXCHANGE UTILITY LIMITED reported net assets of £-1.68M. The same filing shows total assets of £5.55M, cash in bank of £1.54M and total liabilities of £7.20M. Reported headcount was 55 in 2024. Total Liabilities fell from £8.72M in 2023 to £7.20M in 2024 (-17.42%). 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
17.90%from £-2.04M 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 EXCHANGE UTILITY LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Increasedvs 2022Cash in Bank
+77.1%vs 2022+33.1% a year compound (CAGR)
Total Assets
-16.7%vs 2022-8.7% a year compound (CAGR)
Total Liabilities
-18.3%vs 2022-9.6% a year compound (CAGR)
Employees
-6.8%vs 2022-4Biggest increase
Cash in Bank+77.1%
£867.40K in 2022 to £1.54M in 2024
Biggest decrease
Total Liabilities-18.3%
£8.81M in 2022 to £7.20M in 2024
EXCHANGE UTILITY LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from EXCHANGE UTILITY 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
- -30.23%2024
- Liabilities to total assets
- 129.74%2024
- Cash to liabilities
- 21.35%2024
- Cash to total assets
- 27.70%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 EXCHANGE UTILITY 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£ | -2.78M | -2.25M | -2.04M | -1.68M |
| Total Assets£ | 6.23M | 6.66M | 6.75M | 5.55M |
| Cash in Bank£ | 976.91K | 867.40K | 2.01M | 1.54M |
| Total Liabilities£ | 8.88M | 8.81M | 8.72M | 7.20M |
| Employees | 76 | 59 | 53 | 55 |
EXCHANGE UTILITY LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has EXCHANGE UTILITY LIMITED filed financial statements?
Yes. Okredo holds filed figures for EXCHANGE UTILITY LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did EXCHANGE UTILITY LIMITED report in 2024?
EXCHANGE UTILITY LIMITED reported net assets of £-1.68M for 2024. That compares with £-2.04M in 2023, a change of 17.90%.
What total assets did EXCHANGE UTILITY LIMITED report in 2024?
EXCHANGE UTILITY LIMITED reported total assets of £5.55M for 2024. That compares with £6.75M in 2023, a change of -17.85%.
What cash in bank did EXCHANGE UTILITY LIMITED report in 2024?
EXCHANGE UTILITY LIMITED reported cash in bank of £1.54M for 2024. That compares with £2.01M in 2023, a change of -23.58%.
How many people does EXCHANGE UTILITY LIMITED employ?
EXCHANGE UTILITY LIMITED reported 55 employees in 2024, compared with 53 in 2023.
How have EXCHANGE UTILITY LIMITED financials changed over the last 3 years?
Between 2022 and 2024, EXCHANGE UTILITY LIMITED's cash in bank rose by 77.1%, total assets fell by 16.7%, total liabilities fell by 18.3% and employee numbers fell by 6.8%. Cash in bank compounded at 33.1% a year across the two years to 2024, from £867.40K to £1.54M. Reported headcount went from 59 in 2022 to 55 in 2024 (-4).
Which years of EXCHANGE UTILITY 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.