GROUNDSOLVE LIMITED Financials
- Company number
- 05129487Copy
Copy - Registered office
- Unit 1, 85 Station Road, Queensferry, Deeside, Flintshire CH5 2TB
- Incorporated
- 17/05/2004
Company snapshot
- Status
- Active
- Employees
- 7 (2024)
- Latest financial data
- 2024
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
21.01%vs 20232023: £260.68K
Total Assets
-2.84%vs 20232023: £539.50K
Cash in Bank
153.25%vs 20232023: £19.01K
Total Liabilities
-25.14%vs 20232023: £278.82K
Employees
0vs 20232023: 7
In 2024, GROUNDSOLVE LIMITED reported net assets of £315.45K. The same filing shows total assets of £524.17K, cash in bank of £48.15K and total liabilities of £208.72K. Reported headcount was 7 in 2024. Total Liabilities fell from £278.82K in 2023 to £208.72K in 2024 (-25.14%). 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
21.01%from £260.68K 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 GROUNDSOLVE LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+75.4%vs 2022+32.4% a year compound (CAGR)
Cash in Bank
-59.9%vs 2022-36.7% a year compound (CAGR)
Total Assets
+4.9%vs 2022+2.4% a year compound (CAGR)
Total Liabilities
-34.7%vs 2022-19.2% a year compound (CAGR)
Employees
-36.4%vs 2022-4Biggest increase
Net Assets+75.4%
£179.88K in 2022 to £315.45K in 2024
Biggest decrease
Cash in Bank-59.9%
£119.99K in 2022 to £48.15K in 2024
GROUNDSOLVE LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, 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 GROUNDSOLVE 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
- 60.18%2024
- Liabilities to total assets
- 39.82%2024
- Cash to liabilities
- 23.07%2024
- Cash to total assets
- 9.19%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 GROUNDSOLVE 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£ | 176.29K | 179.88K | 260.68K | 315.45K |
| Total Assets£ | 420.44K | 499.67K | 539.50K | 524.17K |
| Cash in Bank£ | 198.28K | 119.99K | 19.01K | 48.15K |
| Total Liabilities£ | 244.15K | 319.80K | 278.82K | 208.72K |
| Employees | 9 | 11 | 7 | 7 |
GROUNDSOLVE LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has GROUNDSOLVE LIMITED filed financial statements?
Yes. Okredo holds filed figures for GROUNDSOLVE LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did GROUNDSOLVE LIMITED report in 2024?
GROUNDSOLVE LIMITED reported net assets of £315.45K for 2024. That compares with £260.68K in 2023, a change of 21.01%.
What total assets did GROUNDSOLVE LIMITED report in 2024?
GROUNDSOLVE LIMITED reported total assets of £524.17K for 2024. That compares with £539.50K in 2023, a change of -2.84%.
What cash in bank did GROUNDSOLVE LIMITED report in 2024?
GROUNDSOLVE LIMITED reported cash in bank of £48.15K for 2024. That compares with £19.01K in 2023, a change of 153.25%.
How many people does GROUNDSOLVE LIMITED employ?
GROUNDSOLVE LIMITED reported 7 employees in 2024, compared with 7 in 2023.
How have GROUNDSOLVE LIMITED financials changed over the last 3 years?
Between 2022 and 2024, GROUNDSOLVE LIMITED's net assets rose by 75.4%, cash in bank fell by 59.9%, total assets rose by 4.9% and total liabilities fell by 34.7%. Net assets compounded at 32.4% a year across the two years to 2024, from £179.88K to £315.45K. Reported headcount went from 11 in 2022 to 7 in 2024 (-4).
Which years of GROUNDSOLVE 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.