GRIDBEYOND LIMITED
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Cash
£534K
EUR 622,856
-50.5% vs 2023
Net assets
-£556K
EUR -648,805
+68.8% highest in 6 filed years
Employees
22
+10% highest in 6 filed years
Profit before tax
£1.2M
EUR 1,429,107
-61.6% first positive since 2020
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Negative shareholders' funds
Net assets
6-year trend · vs Technology median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | £4,514,957 | £3,696,135 | £8,445,839 | £12,045,288 | £16,119,603 | £21,258,772 | +31.9% | |
| Operating profit | -£2,221,875 | -£1,655,509 | £524,531 | £429,297 | £3,186,970 | £1,225,124 | -61.6% | |
| Profit before tax | -£2,221,875 | -£1,655,509 | £524,531 | £429,297 | £3,186,970 | £1,225,124 | -61.6% | |
| Net profit | — | — | — | — | £3,186,970 | £1,225,124 | -61.6% | |
| Cash | £265,941 | £438,513 | £1,491,080 | £301,212 | £1,077,858 | £533,953 | -50.5% | |
| Total assets less current liabilities | -£5,992,590 | £2,017,001 | £2,765,229 | £3,448,102 | £5,794,602 | -£556,198 | -109.6% | |
| Net assets | -£5,992,590 | -£7,648,099 | -£5,912,411 | -£5,772,889 | -£1,781,322 | -£556,198 | +68.8% | |
| Equity | — | — | — | — | -£1,781,322 | -£556,198 | +68.8% | |
| Average employees | 17 | 16 | 16 | 18 | 20 | 22 | +10% | |
| Wages | — | — | — | — | £1,697,950 | £2,119,945 | +24.9% | |
| Directors' remuneration | — | — | — | — | — | — | — |
Figures converted to GBP from EUR at 0.857 per EUR (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | -49.2% | -44.8% | 6.2% | 3.6% | 19.8% | 5.8% | |
| Net margin | — | — | — | — | 19.8% | 5.8% | |
| Return on capital employed | — | -82.1% | 19.0% | 12.5% | 55.0% | — | |
| Current ratio | — | — | — | — | 1.94x | 0.92x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- GRIDBEYOND LIMITED 2018-02-23 → present
- ENDECO TECHNOLOGIES LIMITED 2012-09-12 → 2018-02-23
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Forvis Mazars
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “GridBeyond Limited's parent company successfully completed a Series C Fundraising in April 2024 which raised €52 million of which €42 million was received during 2024. The remaining €10 million was received in January 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| O' LOUGHLIN, Richard | Director | 2015-12-10 | Sep 1977 | Irish |
| PHELAN, Michael Gerard | Director | 2012-12-21 | Aug 1964 | Irish |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| COWLING, Anthony Charles | Director | 2012-09-12 | 2012-12-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Richard O'Loughlin | Legal person | Significant influence | 2020-06-06 | Active |
| Gridbeyond Limited (Formerly Endeco Technologies Limited) | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
| Mr Michael Phelan | Individual | Significant influence | 2016-04-06 | Active |
Filing timeline
Last 20 of 43 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-09-09 | AA | accounts | Accounts with accounts type full | |
| 2025-09-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-25 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-03-23 | PSC03 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-03-23 | CH01 | officers | Change person director company with change date | |
| 2024-12-13 | AA | accounts | Accounts with accounts type full | |
| 2024-10-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-22 | AA | accounts | Accounts with accounts type total exemption full | |
| 2023-11-13 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-10-17 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-10-17 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-10-17 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-11-24 | AA | accounts | Accounts with accounts type total exemption full | |
| 2022-11-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-02-11 | AD01 | address | Change registered office address company with date old address new address | |
| 2021-12-09 | AA | accounts | Accounts with accounts type total exemption full | |
| 2021-09-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-03-09 | AD01 | address | Change registered office address company with date old address new address | |
| 2020-12-17 | AD01 | address | Change registered office address company with date old address new address | |
| 2020-10-28 | AA | accounts | Accounts with accounts type unaudited abridged |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.