G NEWING ELECTRICAL CONTRACTORS LIMITED Financials
- Company number
- 04772214CopyCopy
- Registered office
- Office 11 Romney Marsh Business Hub, Mountfield Road, New Romney, Kent TN28 8LH
- Incorporated
- 20/05/2003
Company snapshot
- Status
- Active
- Employees
- 3 (2025)
- Latest financial data
- 2025
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
2024: £155.80K
Total Assets
2024: £199.23K
Cash in Bank
Total Liabilities
2024: £43.43K
Employees
2024: 3
In 2025, G NEWING ELECTRICAL CONTRACTORS LIMITED reported net assets of £145.95K. The same filing shows total assets of £160.86K, cash in bank of £63.46K and total liabilities of £14.91K. Reported headcount was 3 in 2025. Total Assets fell from £199.23K in 2024 to £160.86K in 2025 (-19.26%). 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 NEWING ELECTRICAL CONTRACTORS LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+6% a year compound (CAGR)
Total Assets
-7.3% a year compound (CAGR)
Total Liabilities
-48.9% a year compound (CAGR)
Employees
Biggest increase
Net Assets+12.3%
£129.98K in 2023 to £145.95K in 2025
Biggest decrease
Total Liabilities-73.9%
£57.09K in 2023 to £14.91K in 2025
G NEWING ELECTRICAL CONTRACTORS LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in net assets, pointing to a strengthening balance sheet, 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 G NEWING ELECTRICAL CONTRACTORS 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
- 90.73%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
- 9.27%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
- 50.68%2021
- 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
- 18.69%2021
- 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 NEWING ELECTRICAL CONTRACTORS 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£ | 96.78K | 123.42K | 129.98K | 155.80K | 145.95K |
| Total Assets£ | 339.57K | 190.13K | 187.07K | 199.23K | 160.86K |
| Cash in Bank£ | 63.46K | – | – | – | – |
| Total Liabilities£ | 125.21K | 66.71K | 57.09K | 43.43K | 14.91K |
| Employees | 4 | 3 | 3 | 3 | 3 |
G NEWING ELECTRICAL CONTRACTORS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for G NEWING ELECTRICAL CONTRACTORS LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
G NEWING ELECTRICAL CONTRACTORS LIMITED reported net assets of £145.95K for 2025. That compares with £155.80K in 2024, a change of -6.32%.
G NEWING ELECTRICAL CONTRACTORS LIMITED reported total assets of £160.86K for 2025. That compares with £199.23K in 2024, a change of -19.26%.
G NEWING ELECTRICAL CONTRACTORS LIMITED reported cash in bank of £63.46K for 2021. There is no earlier filing to compare it against.
G NEWING ELECTRICAL CONTRACTORS LIMITED reported 3 employees in 2025, compared with 3 in 2024.
Between 2023 and 2025, G NEWING ELECTRICAL CONTRACTORS LIMITED's net assets rose by 12.3%, total assets fell by 14%, total liabilities fell by 73.9% and employee numbers was unchanged. Net assets compounded at 6% a year across the two years to 2025, from £129.98K to £145.95K. Reported headcount went from 3 in 2023 to 3 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.