HUMAX ELECTRONICS CO. LTD Financials
- Company number
- NI032153CopyCopy
- Registered office
- Forsyth House, Cromac Square, Belfast BT2 8LA
- Incorporated
- 25/03/1997
Company snapshot
- Status
- Active
- Employees
- 12 (2023)
- Latest financial data
- 2023
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
10.29%vs 20222022: £1.59M
Total Assets
-43.35%vs 20222022: £20.49M
Cash in Bank
-6.17%vs 20222022: £362.88K
Total Liabilities
-47.95%vs 20222022: £18.88M
Employees
-1vs 20222022: 13
In 2023, HUMAX ELECTRONICS CO. LTD reported net assets of £1.76M. The same filing shows total assets of £11.61M, cash in bank of £340.48K and total liabilities of £9.83M. Reported headcount was 12 in 2023. Total Liabilities fell from £18.88M in 2022 to £9.83M in 2023 (-47.95%). Okredo holds filed figures for 2021–2023; 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
10.29%from £1.59M in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures HUMAX ELECTRONICS CO. LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+55.3%vs 2021+24.6% a year compound (CAGR)
Cash in Bank
-63.5%vs 2021-39.6% a year compound (CAGR)
Total Assets
-23%vs 2021-12.2% a year compound (CAGR)
Total Liabilities
-29.4%vs 2021-16% a year compound (CAGR)
Employees
-20%vs 2021-3Biggest increase
Net Assets+55.3%
£1.13M in 2021 to £1.76M in 2023
Biggest decrease
Cash in Bank-63.5%
£932.57K in 2021 to £340.48K in 2023
HUMAX ELECTRONICS CO. LTD's filings pull in both directions between 2021 and 2023. 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 HUMAX ELECTRONICS CO. 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
- 15.14%2023
- 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
- 84.65%2023
- 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
- 3.46%2023
- 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
- 2.93%2023
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £2.58M2023
- 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 HUMAX ELECTRONICS CO. LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 1.13M | 1.59M | 1.76M |
| Total Assets£ | 15.07M | 20.49M | 11.61M |
| Cash in Bank£ | 932.57K | 362.88K | 340.48K |
| Total Liabilities£ | 13.92M | 18.88M | 9.83M |
| Employees | 15 | 13 | 12 |
HUMAX ELECTRONICS CO. LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for HUMAX ELECTRONICS CO. LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
HUMAX ELECTRONICS CO. LTD reported net assets of £1.76M for 2023. That compares with £1.59M in 2022, a change of 10.29%.
HUMAX ELECTRONICS CO. LTD reported total assets of £11.61M for 2023. That compares with £20.49M in 2022, a change of -43.35%.
HUMAX ELECTRONICS CO. LTD reported cash in bank of £340.48K for 2023. That compares with £362.88K in 2022, a change of -6.17%.
HUMAX ELECTRONICS CO. LTD reported 12 employees in 2023, compared with 13 in 2022.
Between 2021 and 2023, HUMAX ELECTRONICS CO. LTD's net assets rose by 55.3%, cash in bank fell by 63.5%, total assets fell by 23% and total liabilities fell by 29.4%. Net assets compounded at 24.6% a year across the two years to 2023, from £1.13M to £1.76M. Reported headcount went from 15 in 2021 to 12 in 2023 (-3).
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.