NEXT GEN RENEWABLES LTD Financials
- Company number
- 09930931CopyCopy
- Industry
- Manufacture of engines and turbines except aircraft vehicle and cycle engines (28.11 - SIC 2007)
- Registered office
- 11 Greetby Hill, Ormskirk, Lancashire L39 2DP
- Incorporated
- 29/12/2015
Company snapshot
- Status
- Active
- Employees
- 3 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-5.76K%vs 20232023: £1.26K
Total Assets
-13.69%vs 20232023: £87.00K
Total Liabilities
70.71%vs 20232023: £85.74K
Employees
0vs 20232023: 3
In 2024, NEXT GEN RENEWABLES LTD reported net assets of £-71.29K. The same filing shows total assets of £75.09K and total liabilities of £146.37K. Reported headcount was 3 in 2024. Net Assets fell from £1.26K in 2023 to £-71.29K in 2024 (-5.76K%). 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
-5.76K%from £1.26K 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 NEXT GEN RENEWABLES LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-2139%vs 2022Total Assets
-31.9%vs 2022-17.5% a year compound (CAGR)
Total Liabilities
+37%vs 2022+17% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Total Liabilities+37%
£106.84K in 2022 to £146.37K in 2024
Biggest decrease
Net Assets-2139%
£3.50K in 2022 to £-71.29K in 2024
NEXT GEN RENEWABLES LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from NEXT GEN RENEWABLES LTD'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
- -94.93%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.
- Liabilities to total assets
- 194.93%2024
- 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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for NEXT GEN RENEWABLES LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 31.13K | 3.50K | 1.26K | -71.29K |
| Total Assets£ | 122.86K | 110.34K | 87.00K | 75.09K |
| Cash in Bank£ | – | – | – | – |
| Total Liabilities£ | 91.73K | 106.84K | 85.74K | 146.37K |
| Employees | 3 | 3 | 3 | 3 |
NEXT GEN RENEWABLES LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for NEXT GEN RENEWABLES LTD covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.
NEXT GEN RENEWABLES LTD reported net assets of £-71.29K for 2024. That compares with £1.26K in 2023, a change of -5.76K%.
NEXT GEN RENEWABLES LTD reported total assets of £75.09K for 2024. That compares with £87.00K in 2023, a change of -13.69%.
NEXT GEN RENEWABLES LTD reported total liabilities of £146.37K for 2024. That compares with £85.74K in 2023, a change of 70.71%.
NEXT GEN RENEWABLES LTD reported 3 employees in 2024, compared with 3 in 2023.
Between 2022 and 2024, NEXT GEN RENEWABLES LTD's net assets fell by 2139%, total assets fell by 31.9%, total liabilities rose by 37% and employee numbers was unchanged. Total assets contracted at 17.5% a year across the two years to 2024, from £110.34K to £75.09K. Reported headcount went from 3 in 2022 to 3 in 2024.
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.