Active

GB ELEC LIMITED Financials

Company number
11689200Copy
Copy
Registered office
C/O Wainwrights Accountants, Faversham House, Wirral International Buisiness Park, Old Hall Road, Bromborough, Wirral CH62 3NX
Incorporated
21/11/2018

Company snapshot

Status
Active
Employees
8 (2025)
Latest financial data
2025
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£143.01K2025
51.56%vs 2024

2024: £94.36K

Total Assets

£302.14K2025
87.01%vs 2024

2024: £161.56K

Total Liabilities

£159.13K2025
136.78%vs 2024

2024: £67.21K

Employees

82025
0vs 2024

2024: 8

In 2025, GB ELEC LIMITED reported net assets of £143.01K. The same filing shows total assets of £302.14K and total liabilities of £159.13K. Reported headcount was 8 in 2025. Total Assets rose from £161.56K in 2024 to £302.14K in 2025 (87.01%). 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

£143.01K2025
51.56%from £94.36K in 2024

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 GB ELEC LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£15.00K2023£143.01K2025
+853%vs 2023

+209% a year compound (CAGR)

Total Assets

£71.77K2023£302.14K2025
+321%vs 2023

+105% a year compound (CAGR)

Total Liabilities

£56.77K2023£159.13K2025
+180%vs 2023

+67.4% a year compound (CAGR)

Employees

4202382025
+100%vs 2023+4

Biggest increase

Net Assets+853%

£15.00K in 2023 to £143.01K in 2025

Every indicator Okredo holds for GB ELEC LIMITED rose between 2023 and 2025. The steepest rise came in net assets, pointing to a strengthening balance sheet, with total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from GB ELEC 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
47.33%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
52.67%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.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for GB ELEC LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£106.005.97K15.00K94.36K143.01K
Total Assets£36.15K41.95K71.77K161.56K302.14K
Cash in Bank£–––––
Total Liabilities£36.04K35.98K56.77K67.21K159.13K
Employees44488

GB ELEC LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for GB ELEC LIMITED covering 2021–2025, across 4 reported indicators. The most recent reported year is 2025.

GB ELEC LIMITED reported net assets of £143.01K for 2025. That compares with £94.36K in 2024, a change of 51.56%.

GB ELEC LIMITED reported total assets of £302.14K for 2025. That compares with £161.56K in 2024, a change of 87.01%.

GB ELEC LIMITED reported total liabilities of £159.13K for 2025. That compares with £67.21K in 2024, a change of 136.78%.

GB ELEC LIMITED reported 8 employees in 2025, compared with 8 in 2024.

Between 2023 and 2025, GB ELEC LIMITED's net assets rose by 853%, total assets rose by 321%, total liabilities rose by 180% and employee numbers rose by 100%. Net assets compounded at 209% a year across the two years to 2025, from £15.00K to £143.01K. Reported headcount went from 4 in 2023 to 8 in 2025 (+4).

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.