X-GRID ENERGY LIMITED Financials
- Company number
- 11896372CopyCopy
- Registered office
- Metropolitan House Station Road, Cheadle Hulme, Cheadle SK8 7AZ
- Incorporated
- 21/03/2019
Company snapshot
- Status
- Active
- Employees
- 3 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
6.50K%vs 20232023: £435.00
Total Assets
48.10%vs 20232023: £253.16K
Cash in Bank
-12.63%vs 20232023: £5.61K
Total Liabilities
63.56%vs 20232023: £184.15K
Employees
0vs 20232023: 3
In 2024, X-GRID ENERGY LIMITED reported net assets of £28.72K. The same filing shows total assets of £374.92K, cash in bank of £4.90K and total liabilities of £301.19K. Reported headcount was 3 in 2024. Total Assets rose from £253.16K in 2023 to £374.92K in 2024 (48.10%). 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
6.50K%from £435.00 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 X-GRID ENERGY LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-71.6%vs 2022-46.7% a year compound (CAGR)
Cash in Bank
+174%vs 2022+65.6% a year compound (CAGR)
Total Assets
-22.8%vs 2022-12.1% a year compound (CAGR)
Total Liabilities
-21.9%vs 2022-11.6% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Cash in Bank+174%
£1.79K in 2022 to £4.90K in 2024
Biggest decrease
Net Assets-71.6%
£101.23K in 2022 to £28.72K in 2024
X-GRID ENERGY LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, 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-GRID 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
- 7.66%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
- 80.33%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
- 1.63%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
- 1.31%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 X-GRID ENERGY LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | -108.47K | 101.23K | 435.00 | 28.72K |
| Total Assets£ | 6.99K | 485.66K | 253.16K | 374.92K |
| Cash in Bank£ | – | 1.79K | 5.61K | 4.90K |
| Total Liabilities£ | 115.55K | 385.63K | 184.15K | 301.19K |
| Employees | 2 | 3 | 3 | 3 |
X-GRID ENERGY LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for X-GRID ENERGY LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
X-GRID ENERGY LIMITED reported net assets of £28.72K for 2024. That compares with £435.00 in 2023, a change of 6.50K%.
X-GRID ENERGY LIMITED reported total assets of £374.92K for 2024. That compares with £253.16K in 2023, a change of 48.10%.
X-GRID ENERGY LIMITED reported cash in bank of £4.90K for 2024. That compares with £5.61K in 2023, a change of -12.63%.
X-GRID ENERGY LIMITED reported 3 employees in 2024, compared with 3 in 2023.
Between 2022 and 2024, X-GRID ENERGY LIMITED's net assets fell by 71.6%, cash in bank rose by 174%, total assets fell by 22.8% and total liabilities fell by 21.9%. Net assets contracted at 46.7% a year across the two years to 2024, from £101.23K to £28.72K. Reported headcount went from 3 in 2022 to 3 in 2024.
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.