GUNNING ELECTRICAL SERVICES LTD Financials
- Company number
- SC318515CopyCopy
- Registered office
- 29 Brandon Street, Hamilton, South Lanarkshire ML3 6DA
- Incorporated
- 14/03/2007
Company snapshot
- Status
- Active
- Employees
- 5 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2024.
Net Assets
-53.09%vs 20232023: £-38.88K
Total Assets
-42.35%vs 20232023: £45.36K
Cash in Bank
-66.75%vs 20232023: £12.16K
Total Liabilities
1.70%vs 20232023: £84.25K
Employees
0vs 20232023: 5
In 2024, GUNNING ELECTRICAL SERVICES LTD reported net assets of £-59.53K. The same filing shows total assets of £26.15K, cash in bank of £4.04K and total liabilities of £85.68K. Reported headcount was 5 in 2024. Net Assets fell from £-38.88K in 2023 to £-59.53K in 2024 (-53.09%). Okredo holds filed figures for 2022–2024; 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
-53.09%from £-38.88K in 2023Year-on-year change
Net Assets as filed for 2022–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures GUNNING ELECTRICAL SERVICES LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2022Cash in Bank
-72.6%vs 2022-47.7% a year compound (CAGR)
Total Assets
-57.1%vs 2022-34.5% a year compound (CAGR)
Total Liabilities
+10%vs 2022+4.9% a year compound (CAGR)
Employees
+25%vs 2022+1Biggest increase
Employees+25%
4 in 2022 to 5 in 2024
Biggest decrease
Cash in Bank-72.6%
£14.76K in 2022 to £4.04K in 2024
GUNNING ELECTRICAL SERVICES LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, 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 GUNNING ELECTRICAL 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
- -227.63%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
- 327.63%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
- 4.72%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
- 15.46%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 GUNNING ELECTRICAL SERVICES LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 |
|---|---|---|---|
| Net Assets£ | -16.86K | -38.88K | -59.53K |
| Total Assets£ | 61.02K | 45.36K | 26.15K |
| Cash in Bank£ | 14.76K | 12.16K | 4.04K |
| Total Liabilities£ | 77.87K | 84.25K | 85.68K |
| Employees | 4 | 5 | 5 |
GUNNING ELECTRICAL SERVICES LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for GUNNING ELECTRICAL SERVICES LTD covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.
GUNNING ELECTRICAL SERVICES LTD reported net assets of £-59.53K for 2024. That compares with £-38.88K in 2023, a change of -53.09%.
GUNNING ELECTRICAL SERVICES LTD reported total assets of £26.15K for 2024. That compares with £45.36K in 2023, a change of -42.35%.
GUNNING ELECTRICAL SERVICES LTD reported cash in bank of £4.04K for 2024. That compares with £12.16K in 2023, a change of -66.75%.
GUNNING ELECTRICAL SERVICES LTD reported 5 employees in 2024, compared with 5 in 2023.
Between 2022 and 2024, GUNNING ELECTRICAL SERVICES LTD's cash in bank fell by 72.6%, total assets fell by 57.1%, total liabilities rose by 10% and employee numbers rose by 25%. Cash in bank contracted at 47.7% a year across the two years to 2024, from £14.76K to £4.04K. Reported headcount went from 4 in 2022 to 5 in 2024 (+1).
Okredo holds reported figures for the years 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.