AXIS ELECTRONICS LIMITED Financials
- Company number
- 02983376CopyCopy
- Registered office
- C/O Mercer & Hole The Pinnacle, 170 Midsummer Boulevard, Milton Keynes MK9 1BP
- Incorporated
- 26/10/1994
Company snapshot
- Status
- Active
- Employees
- 182 (2024)
- Latest financial data
- 2024
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-5.93%vs 20232023: £15.42M
Total Assets
-1.13%vs 20232023: £34.62M
Cash in Bank
9.48%vs 20232023: £3.88M
Total Liabilities
2.66%vs 20232023: £18.05M
Employees
0vs 20232023: 182
In 2024, AXIS ELECTRONICS LIMITED reported net assets of £14.51M. The same filing shows total assets of £34.22M, cash in bank of £4.25M and total liabilities of £18.53M. Reported headcount was 182 in 2024. Net Assets fell from £15.42M in 2023 to £14.51M in 2024 (-5.93%). 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
-5.93%from £15.42M in 2023Year-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 AXIS ELECTRONICS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-46.4%vs 2022-26.8% a year compound (CAGR)
Cash in Bank
-66%vs 2022-41.7% a year compound (CAGR)
Total Assets
-25.9%vs 2022-13.9% a year compound (CAGR)
Total Liabilities
+7.5%vs 2022+3.7% a year compound (CAGR)
Employees
-1.1%vs 2022-2Biggest increase
Total Liabilities+7.5%
£17.24M in 2022 to £18.53M in 2024
Biggest decrease
Cash in Bank-66%
£12.48M in 2022 to £4.25M in 2024
AXIS ELECTRONICS LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from AXIS ELECTRONICS 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
- 42.39%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
- 54.13%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
- 22.92%2024
- 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
- 12.41%2024
- 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 AXIS ELECTRONICS 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£ | 20.94M | 27.08M | 15.42M | 14.51M |
| Total Assets£ | 37.02M | 46.18M | 34.62M | 34.22M |
| Cash in Bank£ | 4.70M | 12.48M | 3.88M | 4.25M |
| Total Liabilities£ | 14.67M | 17.24M | 18.05M | 18.53M |
| Employees | 194 | 184 | 182 | 182 |
AXIS ELECTRONICS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for AXIS ELECTRONICS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
AXIS ELECTRONICS LIMITED reported net assets of £14.51M for 2024. That compares with £15.42M in 2023, a change of -5.93%.
AXIS ELECTRONICS LIMITED reported total assets of £34.22M for 2024. That compares with £34.62M in 2023, a change of -1.13%.
AXIS ELECTRONICS LIMITED reported cash in bank of £4.25M for 2024. That compares with £3.88M in 2023, a change of 9.48%.
AXIS ELECTRONICS LIMITED reported 182 employees in 2024, compared with 182 in 2023.
Between 2022 and 2024, AXIS ELECTRONICS LIMITED's net assets fell by 46.4%, cash in bank fell by 66%, total assets fell by 25.9% and total liabilities rose by 7.5%. Net assets contracted at 26.8% a year across the two years to 2024, from £27.08M to £14.51M. Reported headcount went from 184 in 2022 to 182 in 2024 (-2).
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.