ELECSERVICE LIMITED Financials
- Company number
- 03926109CopyCopy
- Registered office
- Unit 71 Shrivenham Hundred Business Park Majors Road, Watchfield, Swindon SN6 8TY
- Incorporated
- 15/02/2000
Company snapshot
- Status
- Active
- Employees
- 3 (2023)
- Latest financial data
- 2023
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-53.32%vs 20222022: £609.06K
Total Assets
-31.34%vs 20222022: £968.29K
Cash in Bank
-35.87%vs 20222022: £892.15K
Total Liabilities
7.21%vs 20222022: £348.46K
Employees
0vs 20222022: 3
In 2023, ELECSERVICE LIMITED reported net assets of £284.34K. The same filing shows total assets of £664.85K, cash in bank of £572.14K and total liabilities of £373.57K. Reported headcount was 3 in 2023. Net Assets fell from £609.06K in 2022 to £284.34K in 2023 (-53.32%). 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
-53.32%from £609.06K 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 ELECSERVICE LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-71%vs 2021-46.1% a year compound (CAGR)
Cash in Bank
-54.7%vs 2021-32.7% a year compound (CAGR)
Total Assets
-51.6%vs 2021-30.4% a year compound (CAGR)
Total Liabilities
-5.2%vs 2021-2.7% a year compound (CAGR)
Employees
0%vs 2021Biggest decrease
Net Assets-71%
£979.72K in 2021 to £284.34K in 2023
Every measure that changed in ELECSERVICE LIMITED's filings between 2021 and 2023 fell. The steepest fall came in net assets, pointing to a weakening balance sheet, with cash in bank, total assets and total liabilities falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from ELECSERVICE 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
- 42.77%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
- 56.19%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
- 153.16%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
- 86.06%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 ELECSERVICE LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 979.72K | 609.06K | 284.34K |
| Total Assets£ | 1.37M | 968.29K | 664.85K |
| Cash in Bank£ | 1.26M | 892.15K | 572.14K |
| Total Liabilities£ | 394.24K | 348.46K | 373.57K |
| Employees | 3 | 3 | 3 |
ELECSERVICE LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for ELECSERVICE LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
ELECSERVICE LIMITED reported net assets of £284.34K for 2023. That compares with £609.06K in 2022, a change of -53.32%.
ELECSERVICE LIMITED reported total assets of £664.85K for 2023. That compares with £968.29K in 2022, a change of -31.34%.
ELECSERVICE LIMITED reported cash in bank of £572.14K for 2023. That compares with £892.15K in 2022, a change of -35.87%.
ELECSERVICE LIMITED reported 3 employees in 2023, compared with 3 in 2022.
Between 2021 and 2023, ELECSERVICE LIMITED's net assets fell by 71%, cash in bank fell by 54.7%, total assets fell by 51.6% and total liabilities fell by 5.2%. Net assets contracted at 46.1% a year across the two years to 2023, from £979.72K to £284.34K. Reported headcount went from 3 in 2021 to 3 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.