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Production of electricity · London

Gridreserve

Gridreserve Ltd

Loss-makingTurnover down 57%Cash down 46%Staff down 25%ActiveLatest figures: 2023Company only9 years on the register

Private limited company registered in London, classed under “Production of electricity”.

Headline figures

FY to Dec 2023 · Company only

Turnover

For subscribers

Profit after tax

−£128k

Net assets

For subscribers

Cash

For subscribers

Employees

For subscribers

Retained reserves

For subscribers

What the numbers say

4 findings from the figures, in plain English

Written by rules from the figures on this page. Not a forecast or a credit opinion.

History

Pro
£20222023
Profit after tax−£128k
Turnover
Net assets
Cash
Employees
Retained reserves

Every figure for all 2 years

“—” means we did not find the figure in a source; it is never filled with an estimate.

Balance sheet and ratios

From the filed balance sheets · £

Balance sheet20222023
Current assets
of which debtors
of which cash
Creditors due within a year
Net current assets
Net assets
Ratios
Profit marginProfit after tax as a share of turnover
Return on equityProfit after tax as a share of net assets
Current ratioCurrent assets for every £1 owed within a year
Cash ratioCash for every £1 owed within a year
Creditors to assetsEverything owed to creditors as a share of fixed plus current assets
Turnover per employeeTurnover divided by average staff
Debtor daysDays of turnover owed by customers at the year end

6 balance-sheet lines and 7 ratios, every year

A ratio appears only for years where every line it needs was filed. Lines are as tagged in the accounts; nothing is added up or estimated.

Questions people ask

›What does Gridreserve do?

Private limited company registered in London, classed under “Production of electricity”.

›How much turnover does Gridreserve make?

Answered in the full report

›Is Gridreserve profitable?

No: it made a loss after tax of £128k in the year to 31 December 2023, its latest filed accounts.

›How many people work at Gridreserve?

Answered in the full report

›Where is Gridreserve based?

Its registered office is C/O Gresham House Asset Management Limited, 5 New Street Square, London, EC4A 3TW, in London.

›When was Gridreserve founded?

Gridreserve Ltd was incorporated on 2 March 2017.

›Is Gridreserve still trading?

The register lists Gridreserve Ltd as active.