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ELCOM LTD Financials

Company number
11224187Copy
Copy
Registered office
Unit 9a Queniborough Ind. Est, Leicester LE7 3FP
Incorporated
26/02/2018

Company snapshot

Status
Active
Employees
7 (2023)
Latest financial data
2023
Accounts type
Total Exemption Full

Financial highlights

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

Net Assets

£122.84K2023
5.02%vs 2022

2022: £116.97K

Total Assets

£261.89K2023
-30.60%vs 2022

2022: £377.38K

Total Liabilities

£139.05K2023
-46.60%vs 2022

2022: £260.40K

Employees

72023
0vs 2022

2022: 7

In 2023, ELCOM LTD reported net assets of £122.84K. The same filing shows total assets of £261.89K and total liabilities of £139.05K. Reported headcount was 7 in 2023. Total Liabilities fell from £260.40K in 2022 to £139.05K in 2023 (-46.60%). 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

£122.84K2023
5.02%from £116.97K 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 ELCOM LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.

Net Assets

£44.88K2021£122.84K2023
+174%vs 2021

+65.4% a year compound (CAGR)

Total Assets

£298.92K2021£261.89K2023
-12.4%vs 2021

-6.4% a year compound (CAGR)

Total Liabilities

£254.05K2021£139.05K2023
-45.3%vs 2021

-26% a year compound (CAGR)

Employees

7202172023
0%vs 2021

Biggest increase

Net Assets+174%

£44.88K in 2021 to £122.84K in 2023

Biggest decrease

Total Liabilities-45.3%

£254.05K in 2021 to £139.05K in 2023

ELCOM LTD's filings pull in both directions between 2021 and 2023. The steepest rise came in net assets, pointing to a strengthening balance sheet, 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 ELCOM 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
46.91%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
53.09%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 ELCOM LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202120222023
Net Assets£44.88K116.97K122.84K
Total Assets£298.92K377.38K261.89K
Cash in Bank£–––
Total Liabilities£254.05K260.40K139.05K
Employees777

ELCOM LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for ELCOM LTD covering 2021–2023, across 4 reported indicators. The most recent reported year is 2023.

ELCOM LTD reported net assets of £122.84K for 2023. That compares with £116.97K in 2022, a change of 5.02%.

ELCOM LTD reported total assets of £261.89K for 2023. That compares with £377.38K in 2022, a change of -30.60%.

ELCOM LTD reported total liabilities of £139.05K for 2023. That compares with £260.40K in 2022, a change of -46.60%.

ELCOM LTD reported 7 employees in 2023, compared with 7 in 2022.

Between 2021 and 2023, ELCOM LTD's net assets rose by 174%, total assets fell by 12.4%, total liabilities fell by 45.3% and employee numbers was unchanged. Net assets compounded at 65.4% a year across the two years to 2023, from £44.88K to £122.84K. Reported headcount went from 7 in 2021 to 7 in 2023.

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.