Active

SWITCH2ZERO LTD Financials

Company number
13773703Copy
Copy
Registered office
167-169 Great Portland Street, London W1W 5PF
Incorporated
30/11/2021

Company snapshot

Status
Active
Employees
7 (2025)
Latest financial data
2025
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2022–2025.

Net Assets

£-4.26K2025
89.73%vs 2024

2024: £-41.47K

Total Assets

£46.28K2025
188.26%vs 2024

2024: £16.05K

Total Liabilities

£50.54K2025
-12.15%vs 2024

2024: £57.52K

Employees

72025
-3vs 2024

2024: 10

In 2025, SWITCH2ZERO LTD reported net assets of £-4.26K. The same filing shows total assets of £46.28K and total liabilities of £50.54K. Reported headcount was 7 in 2025. Net Assets rose from £-41.47K in 2024 to £-4.26K in 2025 (89.73%). Okredo holds filed figures for 2022–2025; 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

£-4.26K2025
89.73%from £-41.47K in 2024

Year-on-year change

Net Assets as filed for 2022–2025. Every figure in this chart is also in the financial history table.

3-year financial trend (2023–2025)

How the figures SWITCH2ZERO LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£164.34K2023£-4.26K2025
-103%vs 2023

Total Assets

£226.68K2023£46.28K2025
-79.6%vs 2023

-54.8% a year compound (CAGR)

Total Liabilities

£62.35K2023£50.54K2025
-18.9%vs 2023

-10% a year compound (CAGR)

Employees

10202372025
-30%vs 2023-3

Biggest decrease

Net Assets-103%

£164.34K in 2023 to £-4.26K in 2025

Every indicator Okredo holds for SWITCH2ZERO LTD fell between 2023 and 2025. The steepest fall came in net assets, pointing to a weakening balance sheet, with total assets, total liabilities and employee numbers falling alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from SWITCH2ZERO 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
-9.20%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
109.20%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.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for SWITCH2ZERO LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2022202320242025
Net Assets£78.15K164.34K-41.47K-4.26K
Total Assets£85.65K226.68K16.05K46.28K
Cash in Bank£––––
Total Liabilities£7.50K62.35K57.52K50.54K
Employees210107

SWITCH2ZERO LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for SWITCH2ZERO LTD covering 2022–2025, across 4 reported indicators. The most recent reported year is 2025.

SWITCH2ZERO LTD reported net assets of £-4.26K for 2025. That compares with £-41.47K in 2024, a change of 89.73%.

SWITCH2ZERO LTD reported total assets of £46.28K for 2025. That compares with £16.05K in 2024, a change of 188.26%.

SWITCH2ZERO LTD reported total liabilities of £50.54K for 2025. That compares with £57.52K in 2024, a change of -12.15%.

SWITCH2ZERO LTD reported 7 employees in 2025, compared with 10 in 2024.

Between 2023 and 2025, SWITCH2ZERO LTD's net assets fell by 103%, total assets fell by 79.6%, total liabilities fell by 18.9% and employee numbers fell by 30%. Total assets contracted at 54.8% a year across the two years to 2025, from £226.68K to £46.28K. Reported headcount went from 10 in 2023 to 7 in 2025 (-3).

Okredo holds reported figures for the years 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.