WESTWOOD GLOBAL ENERGY LIMITED Financials
- Company number
- SC493666CopyCopy
- Registered office
- Collins House, Rutland Square, Edinburgh EH1 2AA
- Incorporated
- 18/12/2014
Company snapshot
- Status
- Active
- Employees
- 51 (2024)
- Latest financial data
- 2024
- Accounts type
- Group
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2024.
Net Assets
-164.42%vs 20232023: £-1.11M
Total Assets
-3.09%vs 20232023: £20.41M
Cash in Bank
83.49%vs 20232023: £74.85K
Total Liabilities
5.53%vs 20232023: £21.50M
Employees
-6vs 20232023: 57
In 2024, WESTWOOD GLOBAL ENERGY LIMITED reported net assets of £-2.93M. The same filing shows total assets of £19.78M, cash in bank of £137.35K and total liabilities of £22.69M. Reported headcount was 51 in 2024. Net Assets fell from £-1.11M in 2023 to £-2.93M in 2024 (-164.42%). 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
-164.42%from £-1.11M 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 WESTWOOD GLOBAL ENERGY LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-343%vs 2022Cash in Bank
-36.7%vs 2022-20.5% a year compound (CAGR)
Total Assets
-6.1%vs 2022-3.1% a year compound (CAGR)
Total Liabilities
+14.3%vs 2022+6.9% a year compound (CAGR)
Employees
+4.1%vs 2022+2Biggest increase
Total Liabilities+14.3%
£19.84M in 2022 to £22.69M in 2024
Biggest decrease
Net Assets-343%
£1.21M in 2022 to £-2.93M in 2024
WESTWOOD GLOBAL ENERGY LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from WESTWOOD GLOBAL ENERGY 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
- -14.81%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
- 114.70%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
- 0.61%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
- 0.69%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 WESTWOOD GLOBAL ENERGY LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 |
|---|---|---|---|
| Net Assets£ | 1.21M | -1.11M | -2.93M |
| Total Assets£ | 21.07M | 20.41M | 19.78M |
| Cash in Bank£ | 217.13K | 74.85K | 137.35K |
| Total Liabilities£ | 19.84M | 21.50M | 22.69M |
| Employees | 49 | 57 | 51 |
WESTWOOD GLOBAL ENERGY LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for WESTWOOD GLOBAL ENERGY LIMITED covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.
WESTWOOD GLOBAL ENERGY LIMITED reported net assets of £-2.93M for 2024. That compares with £-1.11M in 2023, a change of -164.42%.
WESTWOOD GLOBAL ENERGY LIMITED reported total assets of £19.78M for 2024. That compares with £20.41M in 2023, a change of -3.09%.
WESTWOOD GLOBAL ENERGY LIMITED reported cash in bank of £137.35K for 2024. That compares with £74.85K in 2023, a change of 83.49%.
WESTWOOD GLOBAL ENERGY LIMITED reported 51 employees in 2024, compared with 57 in 2023.
Between 2022 and 2024, WESTWOOD GLOBAL ENERGY LIMITED's net assets fell by 343%, cash in bank fell by 36.7%, total assets fell by 6.1% and total liabilities rose by 14.3%. Cash in bank contracted at 20.5% a year across the two years to 2024, from £217.13K to £137.35K. Reported headcount went from 49 in 2022 to 51 in 2024 (+2).
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.