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GRADE 3 LIMITED Financials

Company number
04693854Copy
Copy
Registered office
Bendel House, Temple Street, Hull HU5 1AD
Incorporated
11/03/2003

Company snapshot

Status
Active
Employees
42 (2025)
Latest financial data
2025
Accounts type
Small

Financial highlights

Latest reported figures. Okredo holds filed data for 2023–2025.

Net Assets

£6.22M2025
20.50%vs 2024

2024: £5.16M

Total Assets

£7.65M2025
22.11%vs 2024

2024: £6.26M

Cash in Bank

£1.17M2025
3.85K%vs 2024

2024: £29.67K

Total Liabilities

£1.42M2025
59.84%vs 2024

2024: £889.83K

Employees

422025
+3vs 2024

2024: 39

In 2025, GRADE 3 LIMITED reported net assets of £6.22M. The same filing shows total assets of £7.65M, cash in bank of £1.17M and total liabilities of £1.42M. Reported headcount was 42 in 2025. Total Assets rose from £6.26M in 2024 to £7.65M in 2025 (22.11%). Okredo holds filed figures for 2023–2025; 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

£6.22M2025
20.50%from £5.16M in 2024

Year-on-year change

Net Assets as filed for 2023–2025. Every figure in this chart is also in the financial history table.

3-year financial trend (2023–2025)

How the figures GRADE 3 LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£4.26M2023£6.22M2025
+46.1%vs 2023

+20.9% a year compound (CAGR)

Cash in Bank

£162.58K2023£1.17M2025
+621%vs 2023

+168% a year compound (CAGR)

Total Assets

£5.02M2023£7.65M2025
+52.3%vs 2023

+23.4% a year compound (CAGR)

Total Liabilities

£542.04K2023£1.42M2025
+162%vs 2023

+62% a year compound (CAGR)

Employees

332023422025
+27.3%vs 2023+9

Biggest increase

Cash in Bank+621%

£162.58K in 2023 to £1.17M in 2025

Every indicator Okredo holds for GRADE 3 LIMITED rose between 2023 and 2025. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from GRADE 3 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
81.40%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
18.60%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
82.39%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
15.33%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 GRADE 3 LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202320242025
Net Assets£4.26M5.16M6.22M
Total Assets£5.02M6.26M7.65M
Cash in Bank£162.58K29.67K1.17M
Total Liabilities£542.04K889.83K1.42M
Employees333942

GRADE 3 LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for GRADE 3 LIMITED covering 2023–2025, across 5 reported indicators. The most recent reported year is 2025.

GRADE 3 LIMITED reported net assets of £6.22M for 2025. That compares with £5.16M in 2024, a change of 20.50%.

GRADE 3 LIMITED reported total assets of £7.65M for 2025. That compares with £6.26M in 2024, a change of 22.11%.

GRADE 3 LIMITED reported cash in bank of £1.17M for 2025. That compares with £29.67K in 2024, a change of 3.85K%.

GRADE 3 LIMITED reported 42 employees in 2025, compared with 39 in 2024.

Between 2023 and 2025, GRADE 3 LIMITED's net assets rose by 46.1%, cash in bank rose by 621%, total assets rose by 52.3% and total liabilities rose by 162%. Net assets compounded at 20.9% a year across the two years to 2025, from £4.26M to £6.22M. Reported headcount went from 33 in 2023 to 42 in 2025 (+9).

Okredo holds reported figures for the years 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.