ACTIVE 8 ELECTRICAL SOLUTIONS LIMITED Financials
- Company number
- 05951720CopyCopy
- Registered office
- 1 & 2 Heritage Park Hayes Way, Cannock, Staffordshire WS11 7LT
- Incorporated
- 29/09/2006
Company snapshot
- Status
- Active
- Employees
- 5 (2024)
- Latest financial data
- 2024
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
2023: £21.45K
Total Assets
2023: £96.89K
Cash in Bank
2022: £118.09K
Total Liabilities
2023: £59.37K
Employees
2023: 3
In 2024, ACTIVE 8 ELECTRICAL SOLUTIONS LIMITED reported net assets of £29.17K. The same filing shows total assets of £47.52K, cash in bank of £21.44K and total liabilities of £18.35K. Reported headcount was 5 in 2024. Cash in Bank fell from £118.09K in 2022 to £21.44K in 2023 (-81.85%). 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
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 ACTIVE 8 ELECTRICAL SOLUTIONS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-8.6% a year compound (CAGR)
Total Assets
-52% a year compound (CAGR)
Total Liabilities
-65.6% a year compound (CAGR)
Employees
Biggest increase
Employees+25%
4 in 2022 to 5 in 2024
Biggest decrease
Total Liabilities-88.1%
£154.82K in 2022 to £18.35K in 2024
ACTIVE 8 ELECTRICAL SOLUTIONS LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from ACTIVE 8 ELECTRICAL SOLUTIONS LIMITED'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
- 61.39%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
- 38.61%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
- 36.10%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
- 22.13%2023
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for ACTIVE 8 ELECTRICAL SOLUTIONS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 63.96K | 34.95K | 21.45K | 29.17K |
| Total Assets£ | 195.43K | 206.67K | 96.89K | 47.52K |
| Cash in Bank£ | 99.18K | 118.09K | 21.44K | – |
| Total Liabilities£ | 131.47K | 154.82K | 59.37K | 18.35K |
| Employees | 3 | 4 | 3 | 5 |
ACTIVE 8 ELECTRICAL SOLUTIONS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for ACTIVE 8 ELECTRICAL SOLUTIONS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
ACTIVE 8 ELECTRICAL SOLUTIONS LIMITED reported net assets of £29.17K for 2024. That compares with £21.45K in 2023, a change of 36.03%.
ACTIVE 8 ELECTRICAL SOLUTIONS LIMITED reported total assets of £47.52K for 2024. That compares with £96.89K in 2023, a change of -50.95%.
ACTIVE 8 ELECTRICAL SOLUTIONS LIMITED reported cash in bank of £21.44K for 2023. That compares with £118.09K in 2022, a change of -81.85%.
ACTIVE 8 ELECTRICAL SOLUTIONS LIMITED reported 5 employees in 2024, compared with 3 in 2023.
Between 2022 and 2024, ACTIVE 8 ELECTRICAL SOLUTIONS LIMITED's net assets fell by 16.5%, total assets fell by 77%, total liabilities fell by 88.1% and employee numbers rose by 25%. Net assets contracted at 8.6% a year across the two years to 2024, from £34.95K to £29.17K. Reported headcount went from 4 in 2022 to 5 in 2024 (+1).
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.