TAE POWER SOLUTIONS LIMITED Financials
- Company number
- 13481469CopyCopy
- Registered office
- C/O Thrings Llp, 6 Drakes Meadow, Swindon SN3 3LL
- Incorporated
- 28/06/2021
Company snapshot
- Status
- Active
- Employees
- 163 (2024)
- Latest financial data
- 2024
- Accounts type
- Group
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2024.
Net Assets
-45.22%vs 20232023: £-40.07M
Total Assets
-91.45%vs 20222022: £16.28M
Cash in Bank
First reported yearTotal Liabilities
8.19%vs 20232023: £41.46M
Employees
-44vs 20232023: 207
In 2024, TAE POWER SOLUTIONS LIMITED reported net assets of £-58.19M. The same filing shows total assets of £1.39M, cash in bank of £1.00 and total liabilities of £44.86M. Reported headcount was 163 in 2024. Net Assets fell from £-40.07M in 2023 to £-58.19M in 2024 (-45.22%). Okredo holds filed figures for 2022–2024; 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
-45.22%from £-40.07M in 2023Year-on-year change
Net Assets as filed for 2022–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures TAE POWER SOLUTIONS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2022Total Liabilities
+146%vs 2022+56.8% a year compound (CAGR)
Employees
+35.8%vs 2022+43Biggest increase
Total Liabilities+146%
£18.25M in 2022 to £44.86M in 2024
TAE POWER SOLUTIONS LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, with employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from TAE POWER 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
- -2,876.61%2023
- 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
- 2,976.61%2023
- 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 TAE POWER SOLUTIONS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 |
|---|---|---|---|
| Net Assets£ | -1.97M | -40.07M | -58.19M |
| Total Assets£ | 16.28M | 1.39M | – |
| Cash in Bank£ | 1.00 | – | – |
| Total Liabilities£ | 18.25M | 41.46M | 44.86M |
| Employees | 120 | 207 | 163 |
TAE POWER SOLUTIONS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for TAE POWER SOLUTIONS LIMITED covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.
TAE POWER SOLUTIONS LIMITED reported net assets of £-58.19M for 2024. That compares with £-40.07M in 2023, a change of -45.22%.
TAE POWER SOLUTIONS LIMITED reported total assets of £1.39M for 2023. That compares with £16.28M in 2022, a change of -91.45%.
TAE POWER SOLUTIONS LIMITED reported cash in bank of £1.00 for 2022. There is no earlier filing to compare it against.
TAE POWER SOLUTIONS LIMITED reported 163 employees in 2024, compared with 207 in 2023.
Between 2022 and 2024, TAE POWER SOLUTIONS LIMITED's total liabilities rose by 146% and employee numbers rose by 35.8%. Total liabilities compounded at 56.8% a year across the two years to 2024, from £18.25M to £44.86M. Reported headcount went from 120 in 2022 to 163 in 2024 (+43).
Okredo holds reported figures for the years 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.