GIL-LEC LIMITED Financials
- Company number
- 01929827CopyCopy
- Registered office
- Wey Lane, Chesham, Buckinghamshire HP5 1JH
- Incorporated
- 11/07/1985
Company snapshot
- Status
- Active
- Employees
- 26 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-10.00%vs 20242024: £3.81M
Total Assets
-3.93%vs 20242024: £5.70M
Cash in Bank
-41.12%vs 20242024: £559.29K
Total Liabilities
12.23%vs 20242024: £1.59M
Employees
0vs 20242024: 26
In 2025, GIL-LEC LIMITED reported net assets of £3.43M. The same filing shows total assets of £5.48M, cash in bank of £329.30K and total liabilities of £1.79M. Reported headcount was 26 in 2025. Net Assets fell from £3.81M in 2024 to £3.43M in 2025 (-10.00%). 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
-10.00%from £3.81M 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 GIL-LEC LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-32.2%vs 2023-17.6% a year compound (CAGR)
Cash in Bank
-88%vs 2023-65.3% a year compound (CAGR)
Total Assets
-27%vs 2023-14.5% a year compound (CAGR)
Total Liabilities
+6.6%vs 2023+3.2% a year compound (CAGR)
Employees
-7.1%vs 2023-2Biggest increase
Total Liabilities+6.6%
£1.68M in 2023 to £1.79M in 2025
Biggest decrease
Cash in Bank-88%
£2.74M in 2023 to £329.30K in 2025
GIL-LEC LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, 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 GIL-LEC 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
- 62.68%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
- 32.67%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.
- Cash to liabilities
- 18.40%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
- 6.01%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 GIL-LEC 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£ | 4.42M | 4.87M | 5.06M | 3.81M | 3.43M |
| Total Assets£ | 6.60M | 717.93K | 7.50M | 5.70M | 5.48M |
| Cash in Bank£ | 2.04M | 2.47M | 2.74M | 559.29K | 329.30K |
| Total Liabilities£ | 1.42M | – | 1.68M | 1.59M | 1.79M |
| Employees | 30 | 28 | 28 | 26 | 26 |
GIL-LEC LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for GIL-LEC LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
GIL-LEC LIMITED reported net assets of £3.43M for 2025. That compares with £3.81M in 2024, a change of -10.00%.
GIL-LEC LIMITED reported total assets of £5.48M for 2025. That compares with £5.70M in 2024, a change of -3.93%.
GIL-LEC LIMITED reported cash in bank of £329.30K for 2025. That compares with £559.29K in 2024, a change of -41.12%.
GIL-LEC LIMITED reported 26 employees in 2025, compared with 26 in 2024.
Between 2023 and 2025, GIL-LEC LIMITED's net assets fell by 32.2%, cash in bank fell by 88%, total assets fell by 27% and total liabilities rose by 6.6%. Net assets contracted at 17.6% a year across the two years to 2025, from £5.06M to £3.43M. Reported headcount went from 28 in 2023 to 26 in 2025 (-2).
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.