XPATE LTD Financials
- Company number
- 11920779Copy
Copy - Registered office
- Level 18 40 Bank Street, Canary Wharf, London E14 5NR
- Incorporated
- 02/04/2019
Company snapshot
- Status
- Active
- Employees
- 15 (2024)
- Latest financial data
- 2024
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-1.77%vs 20232023: £41.92M
Total Assets
22.65%vs 20232023: £42.37M
Cash in Bank
241.49%vs 20232023: £897.15K
Total Liabilities
2.45K%vs 20232023: £422.08K
Employees
-6vs 20232023: 21
In 2024, XPATE LTD reported net assets of £41.18M. The same filing shows total assets of £51.96M, cash in bank of £3.06M and total liabilities of £10.77M. Reported headcount was 15 in 2024. Total Liabilities rose from £422.08K in 2023 to £10.77M in 2024 (2.45K%). 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
-1.77%from £41.92M 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 XPATE LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-6.1%vs 2022-3.1% a year compound (CAGR)
Cash in Bank
+425%vs 2022+129% a year compound (CAGR)
Total Assets
+17.7%vs 2022+8.5% a year compound (CAGR)
Total Liabilities
+3959%vs 2022+537% a year compound (CAGR)
Employees
-66.7%vs 2022-30Biggest increase
Total Liabilities+3959%
£265.28K in 2022 to £10.77M in 2024
Biggest decrease
Employees-66.7%
45 in 2022 to 15 in 2024
XPATE LTD'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 employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from XPATE 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
- 79.25%2024
- Liabilities to total assets
- 20.72%2024
- Cash to liabilities
- 28.45%2024
- Cash to total assets
- 5.90%2024
- Revenue per employee
- £394.50K2024
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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Reported cash in bank divided by reported total assets, for the latest year both were filed.
Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for XPATE 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£ | 606.82K | 43.86M | 41.92M | 41.18M |
| Total Assets£ | 857.68K | 44.14M | 42.37M | 51.96M |
| Cash in Bank£ | 693.87K | 583.68K | 897.15K | 3.06M |
| Total Liabilities£ | 228.38K | 265.28K | 422.08K | 10.77M |
| Employees | 51 | 45 | 21 | 15 |
XPATE LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has XPATE LTD filed financial statements?
Yes. Okredo holds filed figures for XPATE LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did XPATE LTD report in 2024?
XPATE LTD reported net assets of £41.18M for 2024. That compares with £41.92M in 2023, a change of -1.77%.
What total assets did XPATE LTD report in 2024?
XPATE LTD reported total assets of £51.96M for 2024. That compares with £42.37M in 2023, a change of 22.65%.
What cash in bank did XPATE LTD report in 2024?
XPATE LTD reported cash in bank of £3.06M for 2024. That compares with £897.15K in 2023, a change of 241.49%.
How many people does XPATE LTD employ?
XPATE LTD reported 15 employees in 2024, compared with 21 in 2023.
How have XPATE LTD financials changed over the last 3 years?
Between 2022 and 2024, XPATE LTD's net assets fell by 6.1%, cash in bank rose by 425%, total assets rose by 17.7% and total liabilities rose by 3959%. Net assets contracted at 3.1% a year across the two years to 2024, from £43.86M to £41.18M. Reported headcount went from 45 in 2022 to 15 in 2024 (-30).
Which years of XPATE LTD financial data are available?
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.