RIDGE CLEAN ENERGY LTD Financials
- Company number
- 08830217Copy
Copy - Registered office
- Noah's Ark Market Street, Charlbury, Chipping Norton, Oxfordshire OX7 3PL
- Incorporated
- 02/01/2014
Company snapshot
- Status
- Active
- Employees
- 21 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
122.78%vs 20232023: £-7.22M
Total Assets
399.45%vs 20232023: £597.35K
Cash in Bank
-18.17%vs 20232023: £163.37K
Total Liabilities
-83.12%vs 20232023: £7.80M
Employees
+5vs 20232023: 16
In 2024, RIDGE CLEAN ENERGY LTD reported net assets of £1.64M. The same filing shows total assets of £2.98M, cash in bank of £133.69K and total liabilities of £1.32M. Reported headcount was 21 in 2024. Net Assets rose from £-7.22M in 2023 to £1.64M in 2024 (122.78%). 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
122.78%from £-7.22M 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 RIDGE CLEAN ENERGY LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Increasedvs 2022Total Assets
+966%vs 2022+227% a year compound (CAGR)
Total Liabilities
-74.9%vs 2022-49.9% a year compound (CAGR)
Employees
+31.3%vs 2022+5Biggest increase
Total Assets+966%
£279.76K in 2022 to £2.98M in 2024
Biggest decrease
Total Liabilities-74.9%
£5.24M in 2022 to £1.32M in 2024
RIDGE CLEAN ENERGY LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in total assets, pointing to a broader asset base, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from RIDGE CLEAN ENERGY 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
- 55.13%2024
- Liabilities to total assets
- 44.15%2024
- Cash to liabilities
- 10.15%2024
- Cash to total assets
- 4.48%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 RIDGE CLEAN ENERGY 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£ | -2.30M | -4.96M | -7.22M | 1.64M |
| Total Assets£ | 141.92K | 279.76K | 597.35K | 2.98M |
| Cash in Bank£ | – | – | 163.37K | 133.69K |
| Total Liabilities£ | 2.44M | 5.24M | 7.80M | 1.32M |
| Employees | 10 | 16 | 16 | 21 |
RIDGE CLEAN ENERGY LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has RIDGE CLEAN ENERGY LTD filed financial statements?
Yes. Okredo holds filed figures for RIDGE CLEAN ENERGY LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did RIDGE CLEAN ENERGY LTD report in 2024?
RIDGE CLEAN ENERGY LTD reported net assets of £1.64M for 2024. That compares with £-7.22M in 2023, a change of 122.78%.
What total assets did RIDGE CLEAN ENERGY LTD report in 2024?
RIDGE CLEAN ENERGY LTD reported total assets of £2.98M for 2024. That compares with £597.35K in 2023, a change of 399.45%.
What cash in bank did RIDGE CLEAN ENERGY LTD report in 2024?
RIDGE CLEAN ENERGY LTD reported cash in bank of £133.69K for 2024. That compares with £163.37K in 2023, a change of -18.17%.
How many people does RIDGE CLEAN ENERGY LTD employ?
RIDGE CLEAN ENERGY LTD reported 21 employees in 2024, compared with 16 in 2023.
How have RIDGE CLEAN ENERGY LTD financials changed over the last 3 years?
Between 2022 and 2024, RIDGE CLEAN ENERGY LTD's total assets rose by 966%, total liabilities fell by 74.9% and employee numbers rose by 31.3%. Total assets compounded at 227% a year across the two years to 2024, from £279.76K to £2.98M. Reported headcount went from 16 in 2022 to 21 in 2024 (+5).
Which years of RIDGE CLEAN ENERGY LTD 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.