G R S ELECTRICAL SERVICES LIMITED Financials
- Company number
- 03670457CopyCopy
- Registered office
- Warwick Road, Fairfield Industrial Estate, Louth, Lincolnshire LN11 0YB
- Incorporated
- 19/11/1998
Company snapshot
- Status
- Active
- Employees
- 50 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
9.12%vs 20242024: £932.03K
Total Assets
6.22%vs 20242024: £2.28M
Cash in Bank
-25.46%vs 20242024: £660.84K
Total Liabilities
0.32%vs 20242024: £1.01M
Employees
+1vs 20242024: 49
In 2025, G R S ELECTRICAL SERVICES LIMITED reported net assets of £1.02M. The same filing shows total assets of £2.43M, cash in bank of £492.61K and total liabilities of £1.01M. Reported headcount was 50 in 2025. Cash in Bank fell from £660.84K in 2024 to £492.61K in 2025 (-25.46%). 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
9.12%from £932.03K 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 R S ELECTRICAL SERVICES LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+62.1%vs 2023+27.3% a year compound (CAGR)
Cash in Bank
-27.7%vs 2023-15% a year compound (CAGR)
Total Assets
+18.1%vs 2023+8.7% a year compound (CAGR)
Total Liabilities
-20.8%vs 2023-11% a year compound (CAGR)
Employees
+2%vs 2023+1Biggest increase
Net Assets+62.1%
£627.36K in 2023 to £1.02M in 2025
Biggest decrease
Cash in Bank-27.7%
£681.67K in 2023 to £492.61K in 2025
G R S ELECTRICAL SERVICES 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 cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from G R S ELECTRICAL SERVICES 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
- 41.94%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
- 41.82%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
- 48.58%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
- 20.31%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 R S ELECTRICAL SERVICES 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£ | 661.66K | 686.04K | 627.36K | 932.03K | 1.02M |
| Total Assets£ | 1.88M | 1.98M | 2.05M | 2.28M | 2.43M |
| Cash in Bank£ | 436.68K | 441.19K | 681.67K | 660.84K | 492.61K |
| Total Liabilities£ | 1.22M | 1.11M | 1.28M | 1.01M | 1.01M |
| Employees | 51 | 49 | 49 | 49 | 50 |
G R S ELECTRICAL SERVICES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for G R S ELECTRICAL SERVICES LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
G R S ELECTRICAL SERVICES LIMITED reported net assets of £1.02M for 2025. That compares with £932.03K in 2024, a change of 9.12%.
G R S ELECTRICAL SERVICES LIMITED reported total assets of £2.43M for 2025. That compares with £2.28M in 2024, a change of 6.22%.
G R S ELECTRICAL SERVICES LIMITED reported cash in bank of £492.61K for 2025. That compares with £660.84K in 2024, a change of -25.46%.
G R S ELECTRICAL SERVICES LIMITED reported 50 employees in 2025, compared with 49 in 2024.
Between 2023 and 2025, G R S ELECTRICAL SERVICES LIMITED's net assets rose by 62.1%, cash in bank fell by 27.7%, total assets rose by 18.1% and total liabilities fell by 20.8%. Net assets compounded at 27.3% a year across the two years to 2025, from £627.36K to £1.02M. Reported headcount went from 49 in 2023 to 50 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.