X CONSTRUCT LTD Financials
- Company number
- 11842679CopyCopy
- Registered office
- 3 Coldbath Square, London EC1R 5HL
- Incorporated
- 22/02/2019
Company snapshot
- Status
- Active
- Employees
- 20 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
2024: £1.79M
Total Assets
2024: £5.16M
Cash in Bank
2024: £817.43K
Total Liabilities
2024: £3.24M
Employees
2024: 15
In 2025, X CONSTRUCT LTD reported net assets of £1.46M. The same filing shows total assets of £10.00M, cash in bank of £4.28M and total liabilities of £8.43M. Reported headcount was 20 in 2025. Total Liabilities rose from £3.24M in 2024 to £8.43M in 2025 (159.77%). Okredo holds filed figures for 2021–2025; 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
Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures X CONSTRUCT LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-11.3% a year compound (CAGR)
Cash in Bank
+52.4% a year compound (CAGR)
Total Assets
+37.4% a year compound (CAGR)
Total Liabilities
+60.2% a year compound (CAGR)
Employees
Biggest increase
Total Liabilities+157%
£3.28M in 2023 to £8.43M in 2025
Biggest decrease
Net Assets-21.3%
£1.86M in 2023 to £1.46M in 2025
X CONSTRUCT LTD's filings pull in both directions between 2023 and 2025. 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 X CONSTRUCT 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
- 14.63%2025
- 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
- 84.24%2025
- 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
- 50.85%2025
- 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
- 42.84%2025
- 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 X CONSTRUCT LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 989.85K | 1.41M | 1.86M | 1.79M | 1.46M |
| Total Assets£ | 2.06M | 3.28M | 5.30M | 5.16M | 10.00M |
| Cash in Bank£ | 408.32K | 383.41K | 1.84M | 817.43K | 4.28M |
| Total Liabilities£ | 1.06M | 1.82M | 3.28M | 3.24M | 8.43M |
| Employees | 19 | 17 | 13 | 15 | 20 |
X CONSTRUCT LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for X CONSTRUCT LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
X CONSTRUCT LTD reported net assets of £1.46M for 2025. That compares with £1.79M in 2024, a change of -18.32%.
X CONSTRUCT LTD reported total assets of £10.00M for 2025. That compares with £5.16M in 2024, a change of 93.85%.
X CONSTRUCT LTD reported cash in bank of £4.28M for 2025. That compares with £817.43K in 2024, a change of 424.18%.
X CONSTRUCT LTD reported 20 employees in 2025, compared with 15 in 2024.
Between 2023 and 2025, X CONSTRUCT LTD's net assets fell by 21.3%, cash in bank rose by 132%, total assets rose by 88.7% and total liabilities rose by 157%. Net assets contracted at 11.3% a year across the two years to 2025, from £1.86M to £1.46M. Reported headcount went from 13 in 2023 to 20 in 2025 (+7).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.