EXPLAIN MARKET RESEARCH LIMITED Financials
- Company number
- 02880683Copy
Copy
- Registered office
- Earl Grey House Level 2, 75-85 Grey Street, Newcastle Upon Tyne NE1 6EF
- Incorporated
- 15/12/1993
Company snapshot
- Status
- Active
- Employees
- 81 (2025)
- Latest financial data
- 2025
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
2024: £846.39K
Total Assets
2024: £1.50M
Cash in Bank
2024: £812.64K
Total Liabilities
2024: £553.20K
Employees
2024: 76
In 2025, EXPLAIN MARKET RESEARCH LIMITED reported net assets of £900.76K. The same filing shows total assets of £1.69M, cash in bank of £638.75K and total liabilities of £506.29K. Reported headcount was 81 in 2025. Total Assets rose from £1.50M in 2024 to £1.69M in 2025 (12.73%). Okredo holds filed figures for 2021–2025; 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
Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures EXPLAIN MARKET RESEARCH LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+21.8% a year compound (CAGR)
Cash in Bank
+0.2% a year compound (CAGR)
Total Assets
+6.2% a year compound (CAGR)
Total Liabilities
-18.9% a year compound (CAGR)
Employees
Biggest increase
Net Assets+48.4%
£607.04K in 2023 to £900.76K in 2025
Biggest decrease
Total Liabilities-34.2%
£769.63K in 2023 to £506.29K in 2025
EXPLAIN MARKET RESEARCH LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in net assets, pointing to a strengthening balance sheet, 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 EXPLAIN MARKET RESEARCH 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
- 53.35%2025
- Liabilities to total assets
- 29.99%2025
- Cash to liabilities
- 126.16%2025
- Cash to total assets
- 37.83%2025
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 EXPLAIN MARKET RESEARCH LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 516.94K | 759.43K | 607.04K | 846.39K | 900.76K |
| Total Assets£ | 1.23M | 1.67M | 1.50M | 1.50M | 1.69M |
| Cash in Bank£ | 536.18K | 362.81K | 636.21K | 812.64K | 638.75K |
| Total Liabilities£ | 627.55K | 820.28K | 769.63K | 553.20K | 506.29K |
| Employees | 50 | 64 | 76 | 76 | 81 |
EXPLAIN MARKET RESEARCH LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has EXPLAIN MARKET RESEARCH LIMITED filed financial statements?
Yes. Okredo holds filed figures for EXPLAIN MARKET RESEARCH LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
What net assets did EXPLAIN MARKET RESEARCH LIMITED report in 2025?
EXPLAIN MARKET RESEARCH LIMITED reported net assets of £900.76K for 2025. That compares with £846.39K in 2024, a change of 6.42%.
What total assets did EXPLAIN MARKET RESEARCH LIMITED report in 2025?
EXPLAIN MARKET RESEARCH LIMITED reported total assets of £1.69M for 2025. That compares with £1.50M in 2024, a change of 12.73%.
What cash in bank did EXPLAIN MARKET RESEARCH LIMITED report in 2025?
EXPLAIN MARKET RESEARCH LIMITED reported cash in bank of £638.75K for 2025. That compares with £812.64K in 2024, a change of -21.40%.
How many people does EXPLAIN MARKET RESEARCH LIMITED employ?
EXPLAIN MARKET RESEARCH LIMITED reported 81 employees in 2025, compared with 76 in 2024.
How have EXPLAIN MARKET RESEARCH LIMITED financials changed over the last 3 years?
Between 2023 and 2025, EXPLAIN MARKET RESEARCH LIMITED's net assets rose by 48.4%, cash in bank rose by 0.4%, total assets rose by 12.8% and total liabilities fell by 34.2%. Net assets compounded at 21.8% a year across the two years to 2025, from £607.04K to £900.76K. Reported headcount went from 76 in 2023 to 81 in 2025 (+5).
Which years of EXPLAIN MARKET RESEARCH LIMITED financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.