UNIVERSAL GAS SOLUTIONS LTD Financials
- Company number
- 12298138CopyCopy
- Registered office
- Unit 1, Farrowby Farm, Hinxworth, Baldock SG7 5EY
- Incorporated
- 05/11/2019
Company snapshot
- Status
- Active
- Employees
- 17 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
57.87%vs 20232023: £1.61M
Total Assets
28.22%vs 20232023: £2.76M
Cash in Bank
-30.82%vs 20232023: £1.31M
Total Liabilities
-26.37%vs 20232023: £763.77K
Employees
+11vs 20232023: 6
In 2024, UNIVERSAL GAS SOLUTIONS LTD reported net assets of £2.54M. The same filing shows total assets of £3.54M, cash in bank of £904.38K and total liabilities of £562.37K. Reported headcount was 17 in 2024. Net Assets rose from £1.61M in 2023 to £2.54M in 2024 (57.87%). 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
57.87%from £1.61M in 2023Year-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 UNIVERSAL GAS SOLUTIONS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+144%vs 2022+56.2% a year compound (CAGR)
Cash in Bank
+12.2%vs 2022+5.9% a year compound (CAGR)
Total Assets
+117%vs 2022+47.4% a year compound (CAGR)
Total Liabilities
+1.3%vs 2022+0.6% a year compound (CAGR)
Employees
+183%vs 2022+11Biggest increase
Employees+183%
6 in 2022 to 17 in 2024
Every indicator Okredo holds for UNIVERSAL GAS SOLUTIONS LTD 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 UNIVERSAL GAS SOLUTIONS 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
- 71.80%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
- 15.89%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
- 160.82%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
- 25.55%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 UNIVERSAL GAS SOLUTIONS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 163.07K | 1.04M | 1.61M | 2.54M |
| Total Assets£ | 364.59K | 1.63M | 2.76M | 3.54M |
| Cash in Bank£ | 87.86K | 806.28K | 1.31M | 904.38K |
| Total Liabilities£ | 195.83K | 555.31K | 763.77K | 562.37K |
| Employees | 5 | 6 | 6 | 17 |
UNIVERSAL GAS SOLUTIONS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for UNIVERSAL GAS SOLUTIONS LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
UNIVERSAL GAS SOLUTIONS LTD reported net assets of £2.54M for 2024. That compares with £1.61M in 2023, a change of 57.87%.
UNIVERSAL GAS SOLUTIONS LTD reported total assets of £3.54M for 2024. That compares with £2.76M in 2023, a change of 28.22%.
UNIVERSAL GAS SOLUTIONS LTD reported cash in bank of £904.38K for 2024. That compares with £1.31M in 2023, a change of -30.82%.
UNIVERSAL GAS SOLUTIONS LTD reported 17 employees in 2024, compared with 6 in 2023.
Between 2022 and 2024, UNIVERSAL GAS SOLUTIONS LTD's net assets rose by 144%, cash in bank rose by 12.2%, total assets rose by 117% and total liabilities rose by 1.3%. Net assets compounded at 56.2% a year across the two years to 2024, from £1.04M to £2.54M. Reported headcount went from 6 in 2022 to 17 in 2024 (+11).
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.