ELECTROMAGNETIC TESTING SERVICES LIMITED Financials
- Company number
- 02696255Copy
Copy - Registered office
- 5 Cecil Pashley Way, Shoreham Airport, Shoreham-By-Sea BN43 5FF
- Incorporated
- 11/03/1992
Company snapshot
- Status
- Active
- Employees
- 13 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
15.27%vs 20232023: £1.89M
Total Assets
0.97%vs 20232023: £2.20M
Cash in Bank
-2.24%vs 20232023: £1.40M
Total Liabilities
-86.54%vs 20232023: £308.35K
Employees
0vs 20232023: 13
In 2024, ELECTROMAGNETIC TESTING SERVICES LIMITED reported net assets of £2.18M. The same filing shows total assets of £2.22M, cash in bank of £1.37M and total liabilities of £41.50K. Reported headcount was 13 in 2024. Net Assets rose from £1.89M in 2023 to £2.18M in 2024 (15.27%). 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
15.27%from £1.89M 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 ELECTROMAGNETIC TESTING SERVICES LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+29.3%vs 2022+13.7% a year compound (CAGR)
Cash in Bank
+12.4%vs 2022+6% a year compound (CAGR)
Total Assets
+13%vs 2022+6.3% a year compound (CAGR)
Total Liabilities
-85.2%vs 2022-61.5% a year compound (CAGR)
Employees
+8.3%vs 2022+1Biggest increase
Net Assets+29.3%
£1.68M in 2022 to £2.18M in 2024
Biggest decrease
Total Liabilities-85.2%
£280.17K in 2022 to £41.50K in 2024
ELECTROMAGNETIC TESTING SERVICES LIMITED's filings pull in both directions between 2022 and 2024. 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 ELECTROMAGNETIC TESTING SERVICES 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
- 98.13%2024
- Liabilities to total assets
- 1.87%2024
- Cash to liabilities
- 3,304.38%2024
- Cash to total assets
- 61.83%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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 ELECTROMAGNETIC TESTING SERVICES 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£ | 1.38M | 1.68M | 1.89M | 2.18M |
| Total Assets£ | 1.74M | 1.96M | 2.20M | 2.22M |
| Cash in Bank£ | 1.05M | 1.22M | 1.40M | 1.37M |
| Total Liabilities£ | 361.61K | 280.17K | 308.35K | 41.50K |
| Employees | 13 | 12 | 13 | 13 |
ELECTROMAGNETIC TESTING SERVICES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has ELECTROMAGNETIC TESTING SERVICES LIMITED filed financial statements?
Yes. Okredo holds filed figures for ELECTROMAGNETIC TESTING SERVICES LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did ELECTROMAGNETIC TESTING SERVICES LIMITED report in 2024?
ELECTROMAGNETIC TESTING SERVICES LIMITED reported net assets of £2.18M for 2024. That compares with £1.89M in 2023, a change of 15.27%.
What total assets did ELECTROMAGNETIC TESTING SERVICES LIMITED report in 2024?
ELECTROMAGNETIC TESTING SERVICES LIMITED reported total assets of £2.22M for 2024. That compares with £2.20M in 2023, a change of 0.97%.
What cash in bank did ELECTROMAGNETIC TESTING SERVICES LIMITED report in 2024?
ELECTROMAGNETIC TESTING SERVICES LIMITED reported cash in bank of £1.37M for 2024. That compares with £1.40M in 2023, a change of -2.24%.
How many people does ELECTROMAGNETIC TESTING SERVICES LIMITED employ?
ELECTROMAGNETIC TESTING SERVICES LIMITED reported 13 employees in 2024, compared with 13 in 2023.
How have ELECTROMAGNETIC TESTING SERVICES LIMITED financials changed over the last 3 years?
Between 2022 and 2024, ELECTROMAGNETIC TESTING SERVICES LIMITED's net assets rose by 29.3%, cash in bank rose by 12.4%, total assets rose by 13% and total liabilities fell by 85.2%. Net assets compounded at 13.7% a year across the two years to 2024, from £1.68M to £2.18M. Reported headcount went from 12 in 2022 to 13 in 2024 (+1).
Which years of ELECTROMAGNETIC TESTING SERVICES LIMITED financial data are available?
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.