G-LEC ELECTRICAL LIMITED Financials
- Company number
- 04447952CopyCopy
- Registered office
- Unit 1 Plot 11, Village Farm Ind Est, Pyle, Mid Glamorgan CF33 6BJ
- Incorporated
- 27/05/2002
Company snapshot
- Status
- Active
- Employees
- 5 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
2024: £435.06K
Total Assets
2024: £879.00K
Cash in Bank
2024: £30.38K
Total Liabilities
2024: £129.77K
Employees
2024: 5
In 2025, G-LEC ELECTRICAL LIMITED reported net assets of £403.66K. The same filing shows total assets of £774.45K, cash in bank of £152.00 and total liabilities of £71.32K. Reported headcount was 5 in 2025. Total Assets fell from £879.00K in 2024 to £774.45K in 2025 (-11.89%). 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
Year-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-LEC ELECTRICAL LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-2.3% a year compound (CAGR)
Cash in Bank
-94.8% a year compound (CAGR)
Total Assets
-8.3% a year compound (CAGR)
Total Liabilities
-40.3% a year compound (CAGR)
Employees
Biggest decrease
Cash in Bank-99.7%
£56.05K in 2023 to £152.00 in 2025
Every measure that changed in G-LEC ELECTRICAL LIMITED's filings between 2023 and 2025 fell. The steepest fall came in cash in bank, pointing to a tighter cash position, with net assets, total assets and total liabilities falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from G-LEC ELECTRICAL 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
- 52.12%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
- 9.21%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
- 0.21%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
- 0.02%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-LEC ELECTRICAL LIMITED 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£ | 373.34K | 367.33K | 422.72K | 435.06K | 403.66K |
| Total Assets£ | 997.66K | 949.51K | 920.03K | 879.00K | 774.45K |
| Cash in Bank£ | 94.27K | 84.00K | 56.05K | 30.38K | 152.00 |
| Total Liabilities£ | 268.15K | 256.35K | 200.12K | 129.77K | 71.32K |
| Employees | 5 | 5 | 5 | 5 | 5 |
G-LEC ELECTRICAL LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for G-LEC ELECTRICAL LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
G-LEC ELECTRICAL LIMITED reported net assets of £403.66K for 2025. That compares with £435.06K in 2024, a change of -7.22%.
G-LEC ELECTRICAL LIMITED reported total assets of £774.45K for 2025. That compares with £879.00K in 2024, a change of -11.89%.
G-LEC ELECTRICAL LIMITED reported cash in bank of £152.00 for 2025. That compares with £30.38K in 2024, a change of -99.50%.
G-LEC ELECTRICAL LIMITED reported 5 employees in 2025, compared with 5 in 2024.
Between 2023 and 2025, G-LEC ELECTRICAL LIMITED's net assets fell by 4.5%, cash in bank fell by 99.7%, total assets fell by 15.8% and total liabilities fell by 64.4%. Net assets contracted at 2.3% a year across the two years to 2025, from £422.72K to £403.66K. Reported headcount went from 5 in 2023 to 5 in 2025.
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.