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X CONSTRUCT LTD Financials

Company number
11842679Copy
Copy
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

£1.46M2025
-18.32%vs 2024

2024: £1.79M

Total Assets

£10.00M2025
93.85%vs 2024

2024: £5.16M

Cash in Bank

£4.28M2025
424.18%vs 2024

2024: £817.43K

Total Liabilities

£8.43M2025
159.77%vs 2024

2024: £3.24M

Employees

202025
+5vs 2024

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

£1.46M2025
-18.32%from £1.79M in 2024

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

£1.86M2023£1.46M2025
-21.3%vs 2023

-11.3% a year compound (CAGR)

Cash in Bank

£1.84M2023£4.28M2025
+132%vs 2023

+52.4% a year compound (CAGR)

Total Assets

£5.30M2023£10.00M2025
+88.7%vs 2023

+37.4% a year compound (CAGR)

Total Liabilities

£3.28M2023£8.43M2025
+157%vs 2023

+60.2% a year compound (CAGR)

Employees

132023202025
+53.8%vs 2023+7

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.

Indicator20212022202320242025
Net Assets£989.85K1.41M1.86M1.79M1.46M
Total Assets£2.06M3.28M5.30M5.16M10.00M
Cash in Bank£408.32K383.41K1.84M817.43K4.28M
Total Liabilities£1.06M1.82M3.28M3.24M8.43M
Employees1917131520

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.