To effectively use intermittent renewable energies, the world will need vast amounts of energy storage. Gravitricity's unique technology will use heavy weights to store energy underground. The company has 2 approved patents and 2 filed, a £640,000 grant, and is raising money to build a 250kW Concept Demo in Edinburgh.

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Financial data drawn from last filed accounts don't necessarily reflect current trading activity. Financials provided by Company Check.

Accounts

2012 2013 2014 2015 2016 2017 2018 2019 2020
Turnover - - - - - - - - -
Cash £2.35k £3.55k £433 £510 £0 £0 £0 £0 £0
Increase in Cash - - - - - - - - -

Profit & Loss

2012 2013 2014 2015 2016 2017 2018 2019 2020
Audit Fees £0 £0 £0 £0 £0 £0 £0 £0 £0
Cost of Sales - - - - - - - - -
Depreciation £0 £0 - £0 - - - - -
Directors Emoluments - - - - - - - - -
Dividends - - - - - - - - -
Export - - - - - - - - -
Gross Profit - - - - - - - - -
Interest Payments - - - - - - - - -
Operating Profit - - - - - - - - -
Pretax Profit - - - - - - - - -
Profit after Tax - - - - - - - - -
Retained Profit - - - - - - - - -
Taxation - - - - - - - - -
Turnover - - - - - - - - -
Wages & Salaries - - - - - - - - -

Balance Sheet

2012 2013 2014 2015 2016 2017 2018 2019 2020
Intangible Assets £0 £0 £3.64k £3.64k £0 £0 £0 £0 £0
Bank Loans & Overdrafts £0 £0 £0 £0 £0 £0 £0 £0 £0
Cash £2.35k £3.55k £433 £510 £0 £0 £0 £0 £0
Miscellaneous Current Assets £0 £0 £0 £0 £0 £0 £0 £0 £0
Miscellaneous Current Liabilities £0 £0 £0 £0 £0 £0 £0 £0 £0
Other Debtors £0 £0 £0 £0 £0 £0 £0 £0 £0
Other Long Term Finance £0 £0 £0 £0 £0 £0 £0 £0 £0
Other Short Term Finance £0 £0 £0 £0 £0 £0 £0 £0 £0
Stock £0 £0 £0 £0 £0 £0 £0 £0 £0
Tangible Accounts £2.96k £2.96k £0 £0 £3.64k £3.96k £2.73k £2.94k £391.23k
Total Current Assets £4.66k £4.44k £1.56k £666 £280 £15.42k £19.78k £78.41k £861.87k
Total Current Liabilities £33.56k £21.96k £24.8k £27.05k £26.25k £54.37k £94.24k £256.42k £59.02k
Total Fixed Assets £2.96k £2.96k £3.64k £3.64k £3.64k £3.96k £2.73k £2.94k £391.23k
Total Long Term Finance £0 £0 £0 £0 £0 £0 £0 £0 £0
Trade Creditors £33.56k £21.96k £24.8k £27.05k £26.25k £54.37k £94.24k £256.42k £59.02k
Trade Debtors £2.31k £883 £1.13k £156 £280 £15.42k £19.78k £78.41k £861.87k

Capital & Reserves

2012 2013 2014 2015 2016 2017 2018 2019 2020
Profit & Loss Account Reserve £-26.14k £-14.77k £-19.79k £-22.94k £-22.32k £-35k £-71.72k £-175.07k £1.19m
Called up share capital £200 £200 £200 £200 £0 £0 £0 £0 £0
Revaluation Reserve £0 £0 £0 £0 £0 £0 £0 £0 £0
Shareholder Funds £-25.94k £-14.57k £-19.59k £-22.74k £-22.32k £-35k £-71.72k £-175.07k £1.19m
Sundry Reserves £0 £0 £0 £0 £0 £0 £0 £0 £0

Cash

2012 2013 2014 2015 2016 2017 2018 2019 2020
Increase in Cash - - - - - - - - -
Net Cash Flow Before Financing £0 £0 £0 £0 £0 £0 £0 £0 £0
Net Cash Flow From Financing - - - - - - - - -
Net Cash Flow From Operations - - - - - - - - -

Other Financials

2012 2013 2014 2015 2016 2017 2018 2019 2020
Net Assets £-25.94k £-14.57k £-19.59k £-22.74k £-22.32k £-35k £-71.72k £-175.07k £1.19m
Net Worth £-25.94k £-14.57k £-23.24k £-26.38k £-22.32k £-35k £-71.72k £-175.07k £1.19m
Total Assets £7.62k £7.39k £5.21k £4.31k £3.92k £19.37k £22.51k £81.35k £1.25m
Total Liabilities £33.56k £21.96k £24.8k £27.05k £26.25k £54.37k £94.24k £256.42k £59.02k
Working Capital £-28.9k £-17.52k £-23.24k £-26.38k £-25.97k £-38.95k £-74.46k £-178.01k £802.85k

Ratios

2012 2013 2014 2015 2016 2017 2018 2019 2020
Creditor Days 0% 0% 0% 0% 0% 0% 0% 0% 0%
Current Debt Ratio -1.29% -1.5% -1.26% -1.18% -1.17% -1.55% -1.31% -1.46% 0.04%
Current Ratio 0.14% 0.2% 0.06% 0.02% 0.01% 0.28% 0.21% 0.31% 14.6%
Debtor Days 0% 0% 0% 0% 0% 0% 0% 0% 0%
Equity In Percentage -340.7% -197.1% -1.25k% -3.41k% -569% -180.7% -318.6% -215.2% 95.3%
Gearing 0% 0% 0% 0% 0% 0% 0% 0% 0%
Liquidity Ratio Or Acid Test 0.13% 0.2% 0.06% 0.02% 0.01% 0.28% 0.2% 0.3% 14.6%
Pre Tax Profit Margin 0% 0% 0% 0% 0% 0% 0% 0% 0%
Return On Capital Employed 0% 0% 0% 0% 0% 0% 0% 0% 0%
Return On Net Assets Employed 0% 0% 0% 0% 0% 0% 0% 0% 0%
Return On Total Assets Employed 0% 0% 0% 0% 0% 0% 0% 0% 0%
Sales Or Net Working Capital 0% 0% 0% 0% 0% 0% 0% 0% 0%
Stock Turnover Ratio 0% 0% 0% 0% 0% 0% 0% 0% 0%
Total Debt Ratio -1.29% -1.5% -1.26% -1.18% -1.17% -1.55% -1.31% -1.46% 0.04%