ESSEX ELECTRICAL CONTRACTORS LIMITED Financials
- Company number
- 02910385CopyCopy
- Registered office
- Essex House, 10 Lords Court, Cricketers Way, Basildon, Essex SS13 1SS
- Incorporated
- 18/03/1994
Company snapshot
- Status
- Active
- Employees
- 7 (2023)
- Latest financial data
- 2023
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
22.23%vs 20222022: £908.35K
Cash in Bank
-4.72%vs 20222022: £847.41K
Employees
0vs 20222022: 7
In 2023, ESSEX ELECTRICAL CONTRACTORS LIMITED reported net assets of £1.11M. The same filing shows cash in bank of £807.45K. Reported headcount was 7 in 2023. Net Assets rose from £908.35K in 2022 to £1.11M in 2023 (22.23%). 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
22.23%from £908.35K 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 ESSEX 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
+38.5%vs 2021+17.7% a year compound (CAGR)
Cash in Bank
-15.2%vs 2021-7.9% a year compound (CAGR)
Employees
0%vs 2021Biggest increase
Net Assets+38.5%
£801.46K in 2021 to £1.11M in 2023
Biggest decrease
Cash in Bank-15.2%
£951.95K in 2021 to £807.45K in 2023
ESSEX ELECTRICAL CONTRACTORS LIMITED'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 cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for ESSEX ELECTRICAL CONTRACTORS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 801.46K | 908.35K | 1.11M |
| Total Assets£ | – | – | – |
| Cash in Bank£ | 951.95K | 847.41K | 807.45K |
| Total Liabilities£ | – | – | – |
| Employees | 7 | 7 | 7 |
ESSEX ELECTRICAL CONTRACTORS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for ESSEX ELECTRICAL CONTRACTORS LIMITED covering 2021–2023, across 3 reported indicators. The most recent reported year is 2023.
ESSEX ELECTRICAL CONTRACTORS LIMITED reported net assets of £1.11M for 2023. That compares with £908.35K in 2022, a change of 22.23%.
ESSEX ELECTRICAL CONTRACTORS LIMITED reported cash in bank of £807.45K for 2023. That compares with £847.41K in 2022, a change of -4.72%.
ESSEX ELECTRICAL CONTRACTORS LIMITED reported 7 employees in 2023, compared with 7 in 2022.
Between 2021 and 2023, ESSEX ELECTRICAL CONTRACTORS LIMITED's net assets rose by 38.5%, cash in bank fell by 15.2% and employee numbers was unchanged. Net assets compounded at 17.7% a year across the two years to 2023, from £801.46K to £1.11M. 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.