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STEER ENERGY SOLUTIONS LIMITED Financials

Company number
SC433078Copy
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Registered office
28 Albyn Place, Aberdeen AB10 1YL
Incorporated
20/09/2012

Company snapshot

Status
Active
Employees
11 (2024)
Latest financial data
2024
Accounts type
Unaudited abridged

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£360.99K2024
12.94%vs 2023

2023: £319.63K

Total Assets

£755.16K2024
81.85%vs 2023

2023: £415.26K

Cash in Bank

£488.56K2024
191.10%vs 2023

2023: £167.83K

Total Liabilities

£381.43K2024
370.00%vs 2023

2023: £81.16K

Employees

112024
+2vs 2023

2023: 9

In 2024, STEER ENERGY SOLUTIONS LIMITED reported net assets of £360.99K. The same filing shows total assets of £755.16K, cash in bank of £488.56K and total liabilities of £381.43K. Reported headcount was 11 in 2024. Total Assets rose from £415.26K in 2023 to £755.16K in 2024 (81.85%). 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

£360.99K2024
12.94%from £319.63K in 2023

Year-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 STEER ENERGY SOLUTIONS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£305.63K2022£360.99K2024
+18.1%vs 2022

+8.7% a year compound (CAGR)

Total Assets

£401.44K2022£755.16K2024
+88.1%vs 2022

+37.2% a year compound (CAGR)

Total Liabilities

£95.81K2022£381.43K2024
+298%vs 2022

+99.5% a year compound (CAGR)

Employees

92022112024
+22.2%vs 2022+2

Biggest increase

Total Liabilities+298%

£95.81K in 2022 to £381.43K in 2024

Every indicator Okredo holds for STEER ENERGY SOLUTIONS LIMITED rose between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, with net assets, total assets and employee numbers climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from STEER ENERGY SOLUTIONS 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
47.80%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
50.51%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.

Cash to liabilities
128.09%2024

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
64.70%2024

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 STEER ENERGY SOLUTIONS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£326.30K305.63K319.63K360.99K
Total Assets£531.53K401.44K415.26K755.16K
Cash in Bank£284.84K–167.83K488.56K
Total Liabilities£201.30K95.81K81.16K381.43K
Employees89911

STEER ENERGY SOLUTIONS LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has STEER ENERGY SOLUTIONS LIMITED filed financial statements?

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Yes. Okredo holds filed figures for STEER ENERGY SOLUTIONS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

What net assets did STEER ENERGY SOLUTIONS LIMITED report in 2024?

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STEER ENERGY SOLUTIONS LIMITED reported net assets of £360.99K for 2024. That compares with £319.63K in 2023, a change of 12.94%.

What total assets did STEER ENERGY SOLUTIONS LIMITED report in 2024?

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STEER ENERGY SOLUTIONS LIMITED reported total assets of £755.16K for 2024. That compares with £415.26K in 2023, a change of 81.85%.

What cash in bank did STEER ENERGY SOLUTIONS LIMITED report in 2024?

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STEER ENERGY SOLUTIONS LIMITED reported cash in bank of £488.56K for 2024. That compares with £167.83K in 2023, a change of 191.10%.

How many people does STEER ENERGY SOLUTIONS LIMITED employ?

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STEER ENERGY SOLUTIONS LIMITED reported 11 employees in 2024, compared with 9 in 2023.

How have STEER ENERGY SOLUTIONS LIMITED financials changed over the last 3 years?

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Between 2022 and 2024, STEER ENERGY SOLUTIONS LIMITED's net assets rose by 18.1%, total assets rose by 88.1%, total liabilities rose by 298% and employee numbers rose by 22.2%. Net assets compounded at 8.7% a year across the two years to 2024, from £305.63K to £360.99K. Reported headcount went from 9 in 2022 to 11 in 2024 (+2).

Which years of STEER ENERGY SOLUTIONS LIMITED financial data are available?

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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.