FIRELEC CONTROLS LIMITED Financials
- Company number
- 08262735CopyCopy
- Registered office
- C/O Hunters Law Llp, Lincoln's Inn, 9 New Square, London WC2A 3QN
- Incorporated
- 22/10/2012
Company snapshot
- Status
- Active
- Employees
- 22 (2023)
- Latest financial data
- 2023
- Accounts type
- Audit Exemption Subsidiary
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-19.46%vs 20222022: £593.35K
Total Assets
35.83%vs 20212021: £899.42K
Cash in Bank
-37.32%vs 20222022: £600.00K
Total Liabilities
55.42%vs 20212021: £404.25K
Employees
+4vs 20222022: 18
In 2023, FIRELEC CONTROLS LIMITED reported net assets of £477.90K. The same filing shows total assets of £1.22M, cash in bank of £376.07K and total liabilities of £628.30K. Reported headcount was 22 in 2023. Total Assets rose from £899.42K in 2021 to £1.22M in 2022 (35.83%). 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
-19.46%from £593.35K 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 FIRELEC CONTROLS LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-3.5%vs 2021-1.8% a year compound (CAGR)
Cash in Bank
-7.8%vs 2021-4% a year compound (CAGR)
Employees
+22.2%vs 2021+4Biggest increase
Employees+22.2%
18 in 2021 to 22 in 2023
Biggest decrease
Cash in Bank-7.8%
£407.99K in 2021 to £376.07K in 2023
FIRELEC CONTROLS LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from FIRELEC CONTROLS 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
- 48.57%2022
- 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
- 51.43%2022
- 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
- 95.50%2022
- 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
- 49.11%2022
- 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 FIRELEC CONTROLS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 495.17K | 593.35K | 477.90K |
| Total Assets£ | 899.42K | 1.22M | – |
| Cash in Bank£ | 407.99K | 600.00K | 376.07K |
| Total Liabilities£ | 404.25K | 628.30K | – |
| Employees | 18 | 18 | 22 |
FIRELEC CONTROLS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for FIRELEC CONTROLS LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
FIRELEC CONTROLS LIMITED reported net assets of £477.90K for 2023. That compares with £593.35K in 2022, a change of -19.46%.
FIRELEC CONTROLS LIMITED reported total assets of £1.22M for 2022. That compares with £899.42K in 2021, a change of 35.83%.
FIRELEC CONTROLS LIMITED reported cash in bank of £376.07K for 2023. That compares with £600.00K in 2022, a change of -37.32%.
FIRELEC CONTROLS LIMITED reported 22 employees in 2023, compared with 18 in 2022.
Between 2021 and 2023, FIRELEC CONTROLS LIMITED's net assets fell by 3.5%, cash in bank fell by 7.8% and employee numbers rose by 22.2%. Net assets contracted at 1.8% a year across the two years to 2023, from £495.17K to £477.90K. Reported headcount went from 18 in 2021 to 22 in 2023 (+4).
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.