Active

AC ELECTRICAL SERVICES (NW) LTD Financials

Company number
04500487Copy
Copy
Registered office
Unit 1 Dakota Court, Amy Johnson Way, Blackpool, Lancashire FY4 2RP
Incorporated
01/08/2002

Company snapshot

Status
Active
Employees
64 (2024)
Latest financial data
2024
Accounts type
Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£16.19M2024
38.22%vs 2023

2023: £11.71M

Total Assets

£18.83M2024
32.19%vs 2023

2023: £14.25M

Cash in Bank

£37.87K2023
-99.25%vs 2022

2022: £5.06M

Total Liabilities

£2.12M2024
2.14%vs 2023

2023: £2.07M

Employees

642024
+3vs 2023

2023: 61

In 2024, AC ELECTRICAL SERVICES (NW) LTD reported net assets of £16.19M. The same filing shows total assets of £18.83M, cash in bank of £37.87K and total liabilities of £2.12M. Reported headcount was 64 in 2024. Cash in Bank fell from £5.06M in 2022 to £37.87K in 2023 (-99.25%). 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

£16.19M2024
38.22%from £11.71M in 2023

Year-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 AC ELECTRICAL SERVICES (NW) LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£6.03M2022£16.19M2024
+169%vs 2022

+63.9% a year compound (CAGR)

Employees

412022642024
+56.1%vs 2022+23

Biggest increase

Net Assets+169%

£6.03M in 2022 to £16.19M in 2024

Every indicator Okredo holds for AC ELECTRICAL SERVICES (NW) LTD rose between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, with employee numbers climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from AC ELECTRICAL SERVICES (NW) 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
85.97%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
11.25%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
1.83%2023
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
0.27%2023
Reported cash in bank divided by reported total assets, for the latest year both were filed.
Revenue per employee
£274.40K2024
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 AC ELECTRICAL SERVICES (NW) LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£5.29M6.03M11.71M16.19M
Total Assets£––14.25M18.83M
Cash in Bank£3.32M5.06M37.87K–
Total Liabilities£––2.07M2.12M
Employees35416164

AC ELECTRICAL SERVICES (NW) LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for AC ELECTRICAL SERVICES (NW) LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

AC ELECTRICAL SERVICES (NW) LTD reported net assets of £16.19M for 2024. That compares with £11.71M in 2023, a change of 38.22%.

AC ELECTRICAL SERVICES (NW) LTD reported total assets of £18.83M for 2024. That compares with £14.25M in 2023, a change of 32.19%.

AC ELECTRICAL SERVICES (NW) LTD reported cash in bank of £37.87K for 2023. That compares with £5.06M in 2022, a change of -99.25%.

AC ELECTRICAL SERVICES (NW) LTD reported 64 employees in 2024, compared with 61 in 2023.

Between 2022 and 2024, AC ELECTRICAL SERVICES (NW) LTD's net assets rose by 169% and employee numbers rose by 56.1%. Net assets compounded at 63.9% a year across the two years to 2024, from £6.03M to £16.19M. Reported headcount went from 41 in 2022 to 64 in 2024 (+23).

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.