OPEN NETWORK EXCHANGE LTD Financials
- Company number
- 13165424CopyCopy
- Registered office
- Parkview, 82 Oxford Road, Uxbridge UB8 1UX
- Incorporated
- 28/01/2021
Company snapshot
- Status
- Active
- Employees
- 98 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
38.10%vs 20242024: £-1.03M
Total Assets
2.19K%vs 20242024: £230.20K
Cash in Bank
6.77K%vs 20242024: £19.26K
Total Liabilities
335.70%vs 20242024: £1.26M
Employees
+97vs 20242024: 1
In 2025, OPEN NETWORK EXCHANGE LTD reported net assets of £-640.42K. The same filing shows total assets of £5.27M, cash in bank of £1.32M and total liabilities of £5.51M. Reported headcount was 98 in 2025. Total Assets rose from £230.20K in 2024 to £5.27M in 2025 (2.19K%). 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
38.10%from £-1.03M in 2024Year-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 OPEN NETWORK EXCHANGE LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-1277%vs 2023Total Assets
+4441%vs 2023+574% a year compound (CAGR)
Total Liabilities
+8831%vs 2023+845% a year compound (CAGR)
Employees
+2350%vs 2023+94Biggest increase
Total Liabilities+8831%
£61.70K in 2023 to £5.51M in 2025
Biggest decrease
Net Assets-1277%
£54.43K in 2023 to £-640.42K in 2025
OPEN NETWORK EXCHANGE LTD's filings pull in both directions between 2023 and 2025. 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 OPEN NETWORK EXCHANGE 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
- -12.14%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
- 104.50%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
- 24.02%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
- 25.10%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 OPEN NETWORK EXCHANGE LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 28.50K | 93.11K | 54.43K | -1.03M | -640.42K |
| Total Assets£ | 6.83K | 123.13K | 116.13K | 230.20K | 5.27M |
| Cash in Bank£ | – | – | – | 19.26K | 1.32M |
| Total Liabilities£ | -21.66K | 30.02K | 61.70K | 1.26M | 5.51M |
| Employees | 1 | 3 | 4 | 1 | 98 |
OPEN NETWORK EXCHANGE LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for OPEN NETWORK EXCHANGE LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
OPEN NETWORK EXCHANGE LTD reported net assets of £-640.42K for 2025. That compares with £-1.03M in 2024, a change of 38.10%.
OPEN NETWORK EXCHANGE LTD reported total assets of £5.27M for 2025. That compares with £230.20K in 2024, a change of 2.19K%.
OPEN NETWORK EXCHANGE LTD reported cash in bank of £1.32M for 2025. That compares with £19.26K in 2024, a change of 6.77K%.
OPEN NETWORK EXCHANGE LTD reported 98 employees in 2025, compared with 1 in 2024.
Between 2023 and 2025, OPEN NETWORK EXCHANGE LTD's net assets fell by 1277%, total assets rose by 4441%, total liabilities rose by 8831% and employee numbers rose by 2350%. Total assets compounded at 574% a year across the two years to 2025, from £116.13K to £5.27M. Reported headcount went from 4 in 2023 to 98 in 2025 (+94).
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.