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THE STUDENT ENERGY GROUP LTD Financials

Company number
13543923Copy
Copy
Registered office
4th Floor, Regent House, 50 Frederick Street, Birmingham, West Midlands B1 3HR
Incorporated
02/08/2021

Company snapshot

Status
Active
Employees
52 (2024)
Latest financial data
2024
Accounts type
Group

Financial highlights

Latest reported figures. Okredo holds filed data for 2022–2024.

Net Assets

£454.62K2024
61.62%vs 2023

2023: £281.30K

Total Assets

£6.52M2024
-9.78%vs 2023

2023: £7.22M

Cash in Bank

£1.41M2024
42.39%vs 2023

2023: £989.11K

Total Liabilities

£5.86M2024
-12.92%vs 2023

2023: £6.73M

Employees

522024
+22vs 2023

2023: 30

In 2024, THE STUDENT ENERGY GROUP LTD reported net assets of £454.62K. The same filing shows total assets of £6.52M, cash in bank of £1.41M and total liabilities of £5.86M. Reported headcount was 52 in 2024. Total Liabilities fell from £6.73M in 2023 to £5.86M in 2024 (-12.92%). 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

£454.62K2024
61.62%from £281.30K in 2023

Year-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 THE STUDENT ENERGY GROUP LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£103.01K2022£454.62K2024
+341%vs 2022

+110% a year compound (CAGR)

Cash in Bank

£198.70K2022£1.41M2024
+609%vs 2022

+166% a year compound (CAGR)

Employees

82022522024
+550%vs 2022+44

Biggest increase

Cash in Bank+609%

£198.70K in 2022 to £1.41M in 2024

Every indicator Okredo holds for THE STUDENT ENERGY GROUP LTD rose between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets and employee numbers climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from THE STUDENT ENERGY GROUP 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
6.98%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
90.01%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
24.02%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
21.62%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 THE STUDENT ENERGY GROUP LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202220232024
Net Assets£103.01K281.30K454.62K
Total Assets£–7.22M6.52M
Cash in Bank£198.70K989.11K1.41M
Total Liabilities£–6.73M5.86M
Employees83052

THE STUDENT ENERGY GROUP LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for THE STUDENT ENERGY GROUP LTD covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.

THE STUDENT ENERGY GROUP LTD reported net assets of £454.62K for 2024. That compares with £281.30K in 2023, a change of 61.62%.

THE STUDENT ENERGY GROUP LTD reported total assets of £6.52M for 2024. That compares with £7.22M in 2023, a change of -9.78%.

THE STUDENT ENERGY GROUP LTD reported cash in bank of £1.41M for 2024. That compares with £989.11K in 2023, a change of 42.39%.

THE STUDENT ENERGY GROUP LTD reported 52 employees in 2024, compared with 30 in 2023.

Between 2022 and 2024, THE STUDENT ENERGY GROUP LTD's net assets rose by 341%, cash in bank rose by 609% and employee numbers rose by 550%. Net assets compounded at 110% a year across the two years to 2024, from £103.01K to £454.62K. Reported headcount went from 8 in 2022 to 52 in 2024 (+44).

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.