GB ELECTRICAL AND BUILDING SERVICES LTD Financials
- Company number
- 05392639CopyCopy
- Registered office
- Beech Lane Beech Lane, Rotherwas Industrial Estate, Hereford HR2 6FG
- Incorporated
- 15/03/2005
Company snapshot
- Status
- Active
- Employees
- 108 (2024)
- Latest financial data
- 2024
- Accounts type
- Medium
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
10.16%vs 20232023: £4.53M
Total Assets
-7.71%vs 20232023: £8.27M
Cash in Bank
-50.81%vs 20232023: £2.08M
Total Liabilities
-29.35%vs 20232023: £3.74M
Employees
-6vs 20232023: 114
In 2024, GB ELECTRICAL AND BUILDING SERVICES LTD reported net assets of £4.99M. The same filing shows total assets of £7.63M, cash in bank of £1.02M and total liabilities of £2.64M. Reported headcount was 108 in 2024. Total Liabilities fell from £3.74M in 2023 to £2.64M in 2024 (-29.35%). Okredo holds filed figures for 2021–2024; 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
10.16%from £4.53M in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures GB ELECTRICAL AND BUILDING SERVICES LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+88.8%vs 2022+37.4% a year compound (CAGR)
Cash in Bank
-15.1%vs 2022-7.9% a year compound (CAGR)
Total Assets
+55.9%vs 2022+24.8% a year compound (CAGR)
Total Liabilities
+17.2%vs 2022+8.3% a year compound (CAGR)
Employees
+3.8%vs 2022+4Biggest increase
Net Assets+88.8%
£2.64M in 2022 to £4.99M in 2024
Biggest decrease
Cash in Bank-15.1%
£1.20M in 2022 to £1.02M in 2024
GB ELECTRICAL AND BUILDING SERVICES LTD's filings pull in both directions between 2022 and 2024. 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 GB ELECTRICAL AND BUILDING 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
- 65.37%2024
- 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
- 34.63%2024
- 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
- 38.66%2024
- 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
- 13.39%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £177.29K2024
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for GB ELECTRICAL AND BUILDING SERVICES LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 600.46K | 2.64M | 4.53M | 4.99M |
| Total Assets£ | 2.37M | 4.90M | 8.27M | 7.63M |
| Cash in Bank£ | 587.44K | 1.20M | 2.08M | 1.02M |
| Total Liabilities£ | 1.77M | 2.25M | 3.74M | 2.64M |
| Employees | 160 | 104 | 114 | 108 |
GB ELECTRICAL AND BUILDING SERVICES LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for GB ELECTRICAL AND BUILDING SERVICES LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
GB ELECTRICAL AND BUILDING SERVICES LTD reported net assets of £4.99M for 2024. That compares with £4.53M in 2023, a change of 10.16%.
GB ELECTRICAL AND BUILDING SERVICES LTD reported total assets of £7.63M for 2024. That compares with £8.27M in 2023, a change of -7.71%.
GB ELECTRICAL AND BUILDING SERVICES LTD reported cash in bank of £1.02M for 2024. That compares with £2.08M in 2023, a change of -50.81%.
GB ELECTRICAL AND BUILDING SERVICES LTD reported 108 employees in 2024, compared with 114 in 2023.
Between 2022 and 2024, GB ELECTRICAL AND BUILDING SERVICES LTD's net assets rose by 88.8%, cash in bank fell by 15.1%, total assets rose by 55.9% and total liabilities rose by 17.2%. Net assets compounded at 37.4% a year across the two years to 2024, from £2.64M to £4.99M. Reported headcount went from 104 in 2022 to 108 in 2024 (+4).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.