TEXO GROUP LIMITED Financials
- Company number
- 11383263CopyCopy
- Registered office
- 8 Stepfield, Witham, Essex CM8 3TH
- Incorporated
- 25/05/2018
Company snapshot
- Status
- Active
- Employees
- 161 (2024)
- Latest financial data
- 2024
- Accounts type
- Group
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2024.
Net Assets
8.13%vs 20232023: £2.94M
Total Assets
-5.63%vs 20232023: £29.70M
Cash in Bank
234.74%vs 20232023: £942.87K
Total Liabilities
-8.10%vs 20232023: £24.12M
Employees
+35vs 20232023: 126
In 2024, TEXO GROUP LIMITED reported net assets of £3.18M. The same filing shows total assets of £28.02M, cash in bank of £3.16M and total liabilities of £22.16M. Reported headcount was 161 in 2024. Cash in Bank rose from £942.87K in 2023 to £3.16M in 2024 (234.74%). 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
8.13%from £2.94M 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 TEXO GROUP LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Increasedvs 2022Cash in Bank
+13.1%vs 2022+6.4% a year compound (CAGR)
Total Assets
+52.3%vs 2022+23.4% a year compound (CAGR)
Total Liabilities
+18.7%vs 2022+9% a year compound (CAGR)
Employees
+64.3%vs 2022+63Biggest increase
Employees+64.3%
98 in 2022 to 161 in 2024
Every indicator Okredo holds for TEXO GROUP LIMITED rose between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, with net assets, cash in bank, total assets and total liabilities climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from TEXO GROUP 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
- 11.35%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
- 79.09%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
- 14.24%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
- 11.26%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 TEXO GROUP LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 |
|---|---|---|---|
| Net Assets£ | -2.92M | 2.94M | 3.18M |
| Total Assets£ | 18.40M | 29.70M | 28.02M |
| Cash in Bank£ | 2.79M | 942.87K | 3.16M |
| Total Liabilities£ | 18.67M | 24.12M | 22.16M |
| Employees | 98 | 126 | 161 |
TEXO GROUP LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for TEXO GROUP LIMITED covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.
TEXO GROUP LIMITED reported net assets of £3.18M for 2024. That compares with £2.94M in 2023, a change of 8.13%.
TEXO GROUP LIMITED reported total assets of £28.02M for 2024. That compares with £29.70M in 2023, a change of -5.63%.
TEXO GROUP LIMITED reported cash in bank of £3.16M for 2024. That compares with £942.87K in 2023, a change of 234.74%.
TEXO GROUP LIMITED reported 161 employees in 2024, compared with 126 in 2023.
Between 2022 and 2024, TEXO GROUP LIMITED's cash in bank rose by 13.1%, total assets rose by 52.3%, total liabilities rose by 18.7% and employee numbers rose by 64.3%. Cash in bank compounded at 6.4% a year across the two years to 2024, from £2.79M to £3.16M. Reported headcount went from 98 in 2022 to 161 in 2024 (+63).
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.