COMMERCIAL POWER LIMITED Financials
- Company number
- 05232226CopyCopy
- Registered office
- Poolfoot Farm, Butts Road, Thornton-Cleveleys FY5 4HX
- Incorporated
- 15/09/2004
Company snapshot
- Status
- Active
- Employees
- 39 (2023)
- Latest financial data
- 2023
- Accounts type
- Audit Exemption Subsidiary
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-321.07%vs 20222022: £5.28M
Total Assets
-83.29%vs 20222022: £17.78M
Cash in Bank
-55.27%vs 20222022: £176.82K
Total Liabilities
18.30%vs 20222022: £12.38M
Employees
-19vs 20222022: 58
In 2023, COMMERCIAL POWER LIMITED reported net assets of £-11.67M. The same filing shows total assets of £2.97M, cash in bank of £79.10K and total liabilities of £14.64M. Reported headcount was 39 in 2023. Net Assets fell from £5.28M in 2022 to £-11.67M in 2023 (-321.07%). 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
-321.07%from £5.28M in 2022Year-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 COMMERCIAL POWER LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-366%vs 2021Cash in Bank
-17.4%vs 2021-9.1% a year compound (CAGR)
Total Assets
-80.6%vs 2021-56% a year compound (CAGR)
Total Liabilities
+35.4%vs 2021+16.4% a year compound (CAGR)
Employees
-55.7%vs 2021-49Biggest increase
Total Liabilities+35.4%
£10.81M in 2021 to £14.64M in 2023
Biggest decrease
Net Assets-366%
£4.39M in 2021 to £-11.67M in 2023
COMMERCIAL POWER LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, 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 COMMERCIAL POWER 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
- -392.75%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
- 492.75%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.
- Cash to liabilities
- 0.54%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
- 2.66%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 COMMERCIAL POWER LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 4.39M | 5.28M | -11.67M |
| Total Assets£ | 15.34M | 17.78M | 2.97M |
| Cash in Bank£ | 95.78K | 176.82K | 79.10K |
| Total Liabilities£ | 10.81M | 12.38M | 14.64M |
| Employees | 88 | 58 | 39 |
COMMERCIAL POWER LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for COMMERCIAL POWER LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
COMMERCIAL POWER LIMITED reported net assets of £-11.67M for 2023. That compares with £5.28M in 2022, a change of -321.07%.
COMMERCIAL POWER LIMITED reported total assets of £2.97M for 2023. That compares with £17.78M in 2022, a change of -83.29%.
COMMERCIAL POWER LIMITED reported cash in bank of £79.10K for 2023. That compares with £176.82K in 2022, a change of -55.27%.
COMMERCIAL POWER LIMITED reported 39 employees in 2023, compared with 58 in 2022.
Between 2021 and 2023, COMMERCIAL POWER LIMITED's net assets fell by 366%, cash in bank fell by 17.4%, total assets fell by 80.6% and total liabilities rose by 35.4%. Cash in bank contracted at 9.1% a year across the two years to 2023, from £95.78K to £79.10K. Reported headcount went from 88 in 2021 to 39 in 2023 (-49).
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.