GLT ELECTRICAL WHOLESALERS LTD Financials
- Company number
- 12460970CopyCopy
- Registered office
- Unit 1, 40:40 Link, Mill End Road,, High Wycombe, Buckinghamshire HP12 4AX
- Incorporated
- 13/02/2020
Company snapshot
- Status
- Active
- Employees
- 35 (2024)
- Latest financial data
- 2024
- Accounts type
- Group
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
29.77%vs 20232023: £1.50M
Total Assets
19.18%vs 20232023: £4.76M
Cash in Bank
63.87%vs 20232023: £511.06K
Total Liabilities
13.20%vs 20232023: £2.98M
Employees
+11vs 20232023: 24
In 2024, GLT ELECTRICAL WHOLESALERS LTD reported net assets of £1.94M. The same filing shows total assets of £5.67M, cash in bank of £837.46K and total liabilities of £3.38M. Reported headcount was 35 in 2024. Total Assets rose from £4.76M in 2023 to £5.67M in 2024 (19.18%). 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
29.77%from £1.50M 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 GLT ELECTRICAL WHOLESALERS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+458%vs 2022+136% a year compound (CAGR)
Cash in Bank
+731%vs 2022+188% a year compound (CAGR)
Total Assets
+96.3%vs 2022+40.1% a year compound (CAGR)
Total Liabilities
+32.9%vs 2022+15.3% a year compound (CAGR)
Employees
+94.4%vs 2022+17Biggest increase
Cash in Bank+731%
£100.84K in 2022 to £837.46K in 2024
Every indicator Okredo holds for GLT ELECTRICAL WHOLESALERS LTD rose between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from GLT ELECTRICAL WHOLESALERS 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
- 34.21%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
- 59.58%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
- 24.79%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
- 14.77%2024
- 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 GLT ELECTRICAL WHOLESALERS 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£ | -72.32K | 347.76K | 1.50M | 1.94M |
| Total Assets£ | 1.17M | 2.89M | 4.76M | 5.67M |
| Cash in Bank£ | 54.36K | 100.84K | 511.06K | 837.46K |
| Total Liabilities£ | 1.24M | 2.54M | 2.98M | 3.38M |
| Employees | 6 | 18 | 24 | 35 |
GLT ELECTRICAL WHOLESALERS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for GLT ELECTRICAL WHOLESALERS LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
GLT ELECTRICAL WHOLESALERS LTD reported net assets of £1.94M for 2024. That compares with £1.50M in 2023, a change of 29.77%.
GLT ELECTRICAL WHOLESALERS LTD reported total assets of £5.67M for 2024. That compares with £4.76M in 2023, a change of 19.18%.
GLT ELECTRICAL WHOLESALERS LTD reported cash in bank of £837.46K for 2024. That compares with £511.06K in 2023, a change of 63.87%.
GLT ELECTRICAL WHOLESALERS LTD reported 35 employees in 2024, compared with 24 in 2023.
Between 2022 and 2024, GLT ELECTRICAL WHOLESALERS LTD's net assets rose by 458%, cash in bank rose by 731%, total assets rose by 96.3% and total liabilities rose by 32.9%. Net assets compounded at 136% a year across the two years to 2024, from £347.76K to £1.94M. Reported headcount went from 18 in 2022 to 35 in 2024 (+17).
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.