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GAS SWITCH LIMITED Financials

Company number
03538295Copy
Copy
Registered office
1 Gally Hill Road, Church Crookham, Fleet, Hampshire GU52 6LH
Incorporated
31/03/1998

Company snapshot

Status
Active
Employees
4 (2025)
Latest financial data
2025
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£-9.76K2025
37.21%vs 2024

2024: £-15.54K

Total Assets

£49.16K2025
-6.71%vs 2024

2024: £52.70K

Cash in Bank

£7.87K2025
-60.25%vs 2024

2024: £19.79K

Total Liabilities

£58.92K2025
-13.66%vs 2024

2024: £68.24K

Employees

42025
+1vs 2024

2024: 3

In 2025, GAS SWITCH LIMITED reported net assets of £-9.76K. The same filing shows total assets of £49.16K, cash in bank of £7.87K and total liabilities of £58.92K. Reported headcount was 4 in 2025. Cash in Bank fell from £19.79K in 2024 to £7.87K in 2025 (-60.25%). 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

£-9.76K2025
37.21%from £-15.54K in 2024

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 GAS SWITCH LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£-23.11K2023£-9.76K2025
Increasedvs 2023

Cash in Bank

£8.21K2023£7.87K2025
-4.2%vs 2023

-2.1% a year compound (CAGR)

Total Assets

£37.03K2023£49.16K2025
+32.8%vs 2023

+15.2% a year compound (CAGR)

Total Liabilities

£60.13K2023£58.92K2025
-2%vs 2023

-1% a year compound (CAGR)

Employees

3202342025
+33.3%vs 2023+1

Biggest increase

Employees+33.3%

3 in 2023 to 4 in 2025

Biggest decrease

Cash in Bank-4.2%

£8.21K in 2023 to £7.87K in 2025

GAS SWITCH LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.

Ratios from the filed figures

Calculated from GAS SWITCH 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
-19.85%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.
Liabilities to total assets
119.85%2025
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
13.35%2025
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
16.00%2025
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 GAS SWITCH LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£-43.30K-33.75K-23.11K-15.54K-9.76K
Total Assets£29.42K35.69K37.03K52.70K49.16K
Cash in Bank£19.03K11.75K8.21K19.79K7.87K
Total Liabilities£72.72K69.44K60.13K68.24K58.92K
Employees43334

GAS SWITCH LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for GAS SWITCH LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.

GAS SWITCH LIMITED reported net assets of £-9.76K for 2025. That compares with £-15.54K in 2024, a change of 37.21%.

GAS SWITCH LIMITED reported total assets of £49.16K for 2025. That compares with £52.70K in 2024, a change of -6.71%.

GAS SWITCH LIMITED reported cash in bank of £7.87K for 2025. That compares with £19.79K in 2024, a change of -60.25%.

GAS SWITCH LIMITED reported 4 employees in 2025, compared with 3 in 2024.

Between 2023 and 2025, GAS SWITCH LIMITED's cash in bank fell by 4.2%, total assets rose by 32.8%, total liabilities fell by 2% and employee numbers rose by 33.3%. Cash in bank contracted at 2.1% a year across the two years to 2025, from £8.21K to £7.87K. Reported headcount went from 3 in 2023 to 4 in 2025 (+1).

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.