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H F ELECTRICAL LIMITED Financials

Company number
SC073414Copy
Copy
Registered office
100 Albert Drive, Glasgow, G41 2SJ
Incorporated
15/12/1980

Company snapshot

Status
Active
Employees
215 (2025)
Latest financial data
2025
Accounts type
Group

Financial highlights

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

Net Assets

£6.27M2025
1.28%vs 2024

2024: £6.19M

Total Assets

£9.33M2025
-2.58%vs 2024

2024: £9.58M

Cash in Bank

£1.90M2025
-31.03%vs 2024

2024: £2.75M

Total Liabilities

£3.01M2025
-9.03%vs 2024

2024: £3.31M

Employees

2152025
-2vs 2024

2024: 217

In 2025, H F ELECTRICAL LIMITED reported net assets of £6.27M. The same filing shows total assets of £9.33M, cash in bank of £1.90M and total liabilities of £3.01M. Reported headcount was 215 in 2025. Cash in Bank fell from £2.75M in 2024 to £1.90M in 2025 (-31.03%). 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

£6.27M2025
1.28%from £6.19M 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 H F ELECTRICAL LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£6.10M2023£6.27M2025
+2.8%vs 2023

+1.4% a year compound (CAGR)

Cash in Bank

£3.20M2023£1.90M2025
-40.7%vs 2023

-23% a year compound (CAGR)

Total Assets

£9.59M2023£9.33M2025
-2.7%vs 2023

-1.3% a year compound (CAGR)

Total Liabilities

£3.38M2023£3.01M2025
-11.1%vs 2023

-5.7% a year compound (CAGR)

Employees

32720232152025
-34.3%vs 2023-112

Biggest increase

Net Assets+2.8%

£6.10M in 2023 to £6.27M in 2025

Biggest decrease

Cash in Bank-40.7%

£3.20M in 2023 to £1.90M in 2025

H F ELECTRICAL LIMITED's filings pull in both directions between 2023 and 2025. 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 H F ELECTRICAL 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
67.16%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
32.26%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
62.99%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
20.32%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 H F ELECTRICAL LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£5.73M5.97M6.10M6.19M6.27M
Total Assets£8.64M9.66M9.59M9.58M9.33M
Cash in Bank£2.91M2.24M3.20M2.75M1.90M
Total Liabilities£2.85M3.56M3.38M3.31M3.01M
Employees286315327217215

H F ELECTRICAL LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for H F ELECTRICAL LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.

H F ELECTRICAL LIMITED reported net assets of £6.27M for 2025. That compares with £6.19M in 2024, a change of 1.28%.

H F ELECTRICAL LIMITED reported total assets of £9.33M for 2025. That compares with £9.58M in 2024, a change of -2.58%.

H F ELECTRICAL LIMITED reported cash in bank of £1.90M for 2025. That compares with £2.75M in 2024, a change of -31.03%.

H F ELECTRICAL LIMITED reported 215 employees in 2025, compared with 217 in 2024.

Between 2023 and 2025, H F ELECTRICAL LIMITED's net assets rose by 2.8%, cash in bank fell by 40.7%, total assets fell by 2.7% and total liabilities fell by 11.1%. Net assets compounded at 1.4% a year across the two years to 2025, from £6.10M to £6.27M. Reported headcount went from 327 in 2023 to 215 in 2025 (-112).

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.