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EUROCABLES (BELFAST) LIMITED Financials

Company number
NI031739Copy
Copy
Registered office
1 West Bank Close, Belfast Harbour Estate, Belfast BT3 9LD
Incorporated
06/12/1996

Company snapshot

Status
Active
Employees
31 (2024)
Latest financial data
2024
Accounts type
Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2022–2024.

Net Assets

£7.90M2024
7.46%vs 2023

2023: £7.35M

Total Assets

£13.57M2024
12.03%vs 2023

2023: £12.12M

Cash in Bank

£142.05K2024
-36.53%vs 2023

2023: £223.80K

Total Liabilities

£4.62M2024
11.75%vs 2023

2023: £4.13M

Employees

312024
+2vs 2023

2023: 29

In 2024, EUROCABLES (BELFAST) LIMITED reported net assets of £7.90M. The same filing shows total assets of £13.57M, cash in bank of £142.05K and total liabilities of £4.62M. Reported headcount was 31 in 2024. Total Assets rose from £12.12M in 2023 to £13.57M in 2024 (12.03%). Okredo holds filed figures for 2022–2024; 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

£7.90M2024
7.46%from £7.35M in 2023

Year-on-year change

Net Assets as filed for 2022–2024. Every figure in this chart is also in the financial history table.

3-year financial trend (2022–2024)

How the figures EUROCABLES (BELFAST) LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£6.93M2022£7.90M2024
+14%vs 2022

+6.8% a year compound (CAGR)

Cash in Bank

£91.04K2022£142.05K2024
+56%vs 2022

+24.9% a year compound (CAGR)

Total Assets

£12.71M2022£13.57M2024
+6.8%vs 2022

+3.4% a year compound (CAGR)

Total Liabilities

£5.20M2022£4.62M2024
-11.2%vs 2022

-5.8% a year compound (CAGR)

Employees

292022312024
+6.9%vs 2022+2

Biggest increase

Cash in Bank+56%

£91.04K in 2022 to £142.05K in 2024

Biggest decrease

Total Liabilities-11.2%

£5.20M in 2022 to £4.62M in 2024

EUROCABLES (BELFAST) LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, 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 EUROCABLES (BELFAST) 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
58.20%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.
Liabilities to total assets
34.02%2024
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
3.08%2024
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
1.05%2024
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 EUROCABLES (BELFAST) LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202220232024
Net Assets£6.93M7.35M7.90M
Total Assets£12.71M12.12M13.57M
Cash in Bank£91.04K223.80K142.05K
Total Liabilities£5.20M4.13M4.62M
Employees292931

EUROCABLES (BELFAST) LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for EUROCABLES (BELFAST) LIMITED covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.

EUROCABLES (BELFAST) LIMITED reported net assets of £7.90M for 2024. That compares with £7.35M in 2023, a change of 7.46%.

EUROCABLES (BELFAST) LIMITED reported total assets of £13.57M for 2024. That compares with £12.12M in 2023, a change of 12.03%.

EUROCABLES (BELFAST) LIMITED reported cash in bank of £142.05K for 2024. That compares with £223.80K in 2023, a change of -36.53%.

EUROCABLES (BELFAST) LIMITED reported 31 employees in 2024, compared with 29 in 2023.

Between 2022 and 2024, EUROCABLES (BELFAST) LIMITED's net assets rose by 14%, cash in bank rose by 56%, total assets rose by 6.8% and total liabilities fell by 11.2%. Net assets compounded at 6.8% a year across the two years to 2024, from £6.93M to £7.90M. Reported headcount went from 29 in 2022 to 31 in 2024 (+2).

Okredo holds reported figures for the years 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.