G. & D. HIGGINS MECHANICAL SERVICES LTD. Financials
- Company number
- 02530834CopyCopy
- Registered office
- 3rd Floor 166 College Road, Harrow HA1 1BH
- Incorporated
- 14/08/1990
Company snapshot
- Status
- Active
- Employees
- 19 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-11.24%vs 20242024: £1.27M
Total Assets
30.55%vs 20242024: £2.44M
Cash in Bank
-43.88%vs 20242024: £101.81K
Total Liabilities
76.40%vs 20242024: £1.16M
Employees
+1vs 20242024: 18
In 2025, G. & D. HIGGINS MECHANICAL SERVICES LTD. reported net assets of £1.13M. The same filing shows total assets of £3.18M, cash in bank of £57.14K and total liabilities of £2.05M. Reported headcount was 19 in 2025. Total Liabilities rose from £1.16M in 2024 to £2.05M in 2025 (76.40%). 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
-11.24%from £1.27M 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 G. & D. HIGGINS MECHANICAL SERVICES LTD. filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-24.7%vs 2023-13.2% a year compound (CAGR)
Cash in Bank
-47.6%vs 2023-27.6% a year compound (CAGR)
Total Assets
+30.7%vs 2023+14.3% a year compound (CAGR)
Total Liabilities
+120%vs 2023+48.3% a year compound (CAGR)
Employees
-36.7%vs 2023-11Biggest increase
Total Liabilities+120%
£930.84K in 2023 to £2.05M in 2025
Biggest decrease
Cash in Bank-47.6%
£108.97K in 2023 to £57.14K in 2025
G. & D. HIGGINS MECHANICAL SERVICES LTD.'s filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, 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 G. & D. HIGGINS MECHANICAL SERVICES 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
- 35.57%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
- 64.43%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
- 2.79%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
- 1.80%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 G. & D. HIGGINS MECHANICAL SERVICES 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£ | 1.68M | 1.66M | 1.50M | 1.27M | 1.13M |
| Total Assets£ | 2.92M | 2.88M | 2.43M | 2.44M | 3.18M |
| Cash in Bank£ | 91.05K | 92.69K | 108.97K | 101.81K | 57.14K |
| Total Liabilities£ | 1.23M | 1.22M | 930.84K | 1.16M | 2.05M |
| Employees | 25 | 25 | 30 | 18 | 19 |
G. & D. HIGGINS MECHANICAL SERVICES LTD. financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for G. & D. HIGGINS MECHANICAL SERVICES LTD. covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
G. & D. HIGGINS MECHANICAL SERVICES LTD. reported net assets of £1.13M for 2025. That compares with £1.27M in 2024, a change of -11.24%.
G. & D. HIGGINS MECHANICAL SERVICES LTD. reported total assets of £3.18M for 2025. That compares with £2.44M in 2024, a change of 30.55%.
G. & D. HIGGINS MECHANICAL SERVICES LTD. reported cash in bank of £57.14K for 2025. That compares with £101.81K in 2024, a change of -43.88%.
G. & D. HIGGINS MECHANICAL SERVICES LTD. reported 19 employees in 2025, compared with 18 in 2024.
Between 2023 and 2025, G. & D. HIGGINS MECHANICAL SERVICES LTD.'s net assets fell by 24.7%, cash in bank fell by 47.6%, total assets rose by 30.7% and total liabilities rose by 120%. Net assets contracted at 13.2% a year across the two years to 2025, from £1.50M to £1.13M. Reported headcount went from 30 in 2023 to 19 in 2025 (-11).
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.