FIRST AUTO ELECTRICS LTD. Financials
- Company number
- SC277340CopyCopy
- Registered office
- 20 Arrol Road, Glasgow, G40 3DQ
- Incorporated
- 13/12/2004
Company snapshot
- Status
- Active
- Employees
- 4 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-5.39%vs 20242024: £88.23K
Total Assets
10.80%vs 20242024: £89.72K
Cash in Bank
-44.41%vs 20242024: £19.19K
Total Liabilities
33.24%vs 20242024: £-15.50K
Employees
0vs 20242024: 4
In 2025, FIRST AUTO ELECTRICS LTD. reported net assets of £83.47K. The same filing shows total assets of £99.41K, cash in bank of £10.67K and total liabilities of £-10.35K. Reported headcount was 4 in 2025. Total Assets rose from £89.72K in 2024 to £99.41K in 2025 (10.80%). Okredo holds filed figures for 2021–2025; 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
-5.39%from £88.23K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures FIRST AUTO ELECTRICS LTD. filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-23.2%vs 2023-12.4% a year compound (CAGR)
Total Assets
-30.6%vs 2023-16.7% a year compound (CAGR)
Total Liabilities
-130%vs 2023Employees
+33.3%vs 2023+1Biggest increase
Employees+33.3%
3 in 2023 to 4 in 2025
Biggest decrease
Total Liabilities-130%
£34.49K in 2023 to £-10.35K in 2025
FIRST AUTO ELECTRICS LTD.'s filings pull in both directions between 2023 and 2025. The steepest rise came in employee numbers, pointing to an expanding team, 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 FIRST AUTO ELECTRICS LTD.'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
- 83.97%2025
- 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
- -10.41%2025
- 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
- -103.10%2025
- 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
- 10.73%2025
- 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 FIRST AUTO ELECTRICS LTD. by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 85.87K | 92.01K | 108.68K | 88.23K | 83.47K |
| Total Assets£ | 161.06K | 140.61K | 143.17K | 89.72K | 99.41K |
| Cash in Bank£ | – | – | – | 19.19K | 10.67K |
| Total Liabilities£ | 75.19K | 48.60K | 34.49K | -15.50K | -10.35K |
| Employees | 4 | 3 | 3 | 4 | 4 |
FIRST AUTO ELECTRICS LTD. financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for FIRST AUTO ELECTRICS LTD. covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
FIRST AUTO ELECTRICS LTD. reported net assets of £83.47K for 2025. That compares with £88.23K in 2024, a change of -5.39%.
FIRST AUTO ELECTRICS LTD. reported total assets of £99.41K for 2025. That compares with £89.72K in 2024, a change of 10.80%.
FIRST AUTO ELECTRICS LTD. reported cash in bank of £10.67K for 2025. That compares with £19.19K in 2024, a change of -44.41%.
FIRST AUTO ELECTRICS LTD. reported 4 employees in 2025, compared with 4 in 2024.
Between 2023 and 2025, FIRST AUTO ELECTRICS LTD.'s net assets fell by 23.2%, total assets fell by 30.6%, total liabilities fell by 130% and employee numbers rose by 33.3%. Net assets contracted at 12.4% a year across the two years to 2025, from £108.68K to £83.47K. Reported headcount went from 3 in 2023 to 4 in 2025 (+1).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.