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B4 ELECTRICAL CONTRACTORS LIMITED Financials

Company number
05220789Copy
Copy
Registered office
1-2 Rhodium Point, Spindle Close, Hawkinge, Folkestone, Kent CT18 7TQ
Incorporated
02/09/2004

Company snapshot

Status
Active
Employees
5 (2023)
Latest financial data
2023
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2023.

Net Assets

£6.24K2023
24.50%vs 2022

2022: £5.01K

Total Assets

£122.14K2023
86.04%vs 2022

2022: £65.65K

Total Liabilities

£115.90K2023
91.12%vs 2022

2022: £60.64K

Employees

52023
-1vs 2022

2022: 6

In 2023, B4 ELECTRICAL CONTRACTORS LIMITED reported net assets of £6.24K. The same filing shows total assets of £122.14K and total liabilities of £115.90K. Reported headcount was 5 in 2023. Total Assets rose from £65.65K in 2022 to £122.14K in 2023 (86.04%). Okredo holds filed figures for 2021–2023; 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

£6.24K2023
24.50%from £5.01K in 2022

Year-on-year change

Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.

3-year financial trend (2021–2023)

How the figures B4 ELECTRICAL CONTRACTORS LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.

Net Assets

£10.91K2021£6.24K2023
-42.8%vs 2021

-24.4% a year compound (CAGR)

Total Assets

£114.25K2021£122.14K2023
+6.9%vs 2021

+3.4% a year compound (CAGR)

Total Liabilities

£103.34K2021£115.90K2023
+12.2%vs 2021

+5.9% a year compound (CAGR)

Employees

4202152023
+25%vs 2021+1

Biggest increase

Employees+25%

4 in 2021 to 5 in 2023

Biggest decrease

Net Assets-42.8%

£10.91K in 2021 to £6.24K in 2023

B4 ELECTRICAL CONTRACTORS LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.

Ratios from the filed figures

Calculated from B4 ELECTRICAL CONTRACTORS 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
5.11%2023
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
94.89%2023
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.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for B4 ELECTRICAL CONTRACTORS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202120222023
Net Assets£10.91K5.01K6.24K
Total Assets£114.25K65.65K122.14K
Cash in Bank£–––
Total Liabilities£103.34K60.64K115.90K
Employees465

B4 ELECTRICAL CONTRACTORS LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for B4 ELECTRICAL CONTRACTORS LIMITED covering 2021–2023, across 4 reported indicators. The most recent reported year is 2023.

B4 ELECTRICAL CONTRACTORS LIMITED reported net assets of £6.24K for 2023. That compares with £5.01K in 2022, a change of 24.50%.

B4 ELECTRICAL CONTRACTORS LIMITED reported total assets of £122.14K for 2023. That compares with £65.65K in 2022, a change of 86.04%.

B4 ELECTRICAL CONTRACTORS LIMITED reported total liabilities of £115.90K for 2023. That compares with £60.64K in 2022, a change of 91.12%.

B4 ELECTRICAL CONTRACTORS LIMITED reported 5 employees in 2023, compared with 6 in 2022.

Between 2021 and 2023, B4 ELECTRICAL CONTRACTORS LIMITED's net assets fell by 42.8%, total assets rose by 6.9%, total liabilities rose by 12.2% and employee numbers rose by 25%. Net assets contracted at 24.4% a year across the two years to 2023, from £10.91K to £6.24K. Reported headcount went from 4 in 2021 to 5 in 2023 (+1).

Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.