NEUTRAL WIRELESS LIMITED Financials
- Company number
- SC615351Copy
Copy - Industry
- Other research and experimental development on natural sciences and engineering (72.19 - SIC 2007)
- Registered office
- 220 St Vincent Street 220 St Vincent Street, Glasgow G2 5SG
- Incorporated
- 04/12/2018
Company snapshot
- Status
- Active
- Employees
- 22 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-33.57%vs 20232023: £272.92K
Total Assets
-12.18%vs 20232023: £348.25K
Cash in Bank
11.82K%vs 20232023: £2.24K
Total Liabilities
48.48%vs 20232023: £75.33K
Employees
+12vs 20232023: 10
In 2024, NEUTRAL WIRELESS LIMITED reported net assets of £181.30K. The same filing shows total assets of £305.83K, cash in bank of £267.26K and total liabilities of £111.85K. Reported headcount was 22 in 2024. Cash in Bank rose from £2.24K in 2023 to £267.26K in 2024 (11.82K%). 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
-33.57%from £272.92K 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 NEUTRAL WIRELESS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+127%vs 2022+50.8% a year compound (CAGR)
Total Assets
+97%vs 2022+40.4% a year compound (CAGR)
Total Liabilities
+48.2%vs 2022+21.8% a year compound (CAGR)
Employees
+120%vs 2022+12Biggest increase
Net Assets+127%
£79.77K in 2022 to £181.30K in 2024
Every indicator Okredo holds for NEUTRAL WIRELESS LIMITED rose between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, with total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from NEUTRAL WIRELESS 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
- 59.28%2024
- Liabilities to total assets
- 36.57%2024
- Cash to liabilities
- 238.94%2024
- Cash to total assets
- 87.39%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 NEUTRAL WIRELESS 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£ | 65.02K | 79.77K | 272.92K | 181.30K |
| Total Assets£ | 72.11K | 155.22K | 348.25K | 305.83K |
| Cash in Bank£ | – | – | 2.24K | 267.26K |
| Total Liabilities£ | 7.09K | 75.45K | 75.33K | 111.85K |
| Employees | 5 | 10 | 10 | 22 |
NEUTRAL WIRELESS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has NEUTRAL WIRELESS LIMITED filed financial statements?
Yes. Okredo holds filed figures for NEUTRAL WIRELESS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did NEUTRAL WIRELESS LIMITED report in 2024?
NEUTRAL WIRELESS LIMITED reported net assets of £181.30K for 2024. That compares with £272.92K in 2023, a change of -33.57%.
What total assets did NEUTRAL WIRELESS LIMITED report in 2024?
NEUTRAL WIRELESS LIMITED reported total assets of £305.83K for 2024. That compares with £348.25K in 2023, a change of -12.18%.
What cash in bank did NEUTRAL WIRELESS LIMITED report in 2024?
NEUTRAL WIRELESS LIMITED reported cash in bank of £267.26K for 2024. That compares with £2.24K in 2023, a change of 11.82K%.
How many people does NEUTRAL WIRELESS LIMITED employ?
NEUTRAL WIRELESS LIMITED reported 22 employees in 2024, compared with 10 in 2023.
How have NEUTRAL WIRELESS LIMITED financials changed over the last 3 years?
Between 2022 and 2024, NEUTRAL WIRELESS LIMITED's net assets rose by 127%, total assets rose by 97%, total liabilities rose by 48.2% and employee numbers rose by 120%. Net assets compounded at 50.8% a year across the two years to 2024, from £79.77K to £181.30K. Reported headcount went from 10 in 2022 to 22 in 2024 (+12).
Which years of NEUTRAL WIRELESS 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.