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IWE ELECTRICAL SERVICES LTD Financials

Company number
05330541Copy
Copy
Registered office
35 Metcalfe Road, Skippers Lane Industrial Estate, Middlesbrough, Cleveland TS6 6PT
Incorporated
12/01/2005

Company snapshot

Status
Active
Employees
15 (2026)
Latest financial data
2026
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2022–2026.

Net Assets

£183.66K2026
3.22%vs 2025

2025: £177.92K

Total Assets

£343.57K2026
-16.52%vs 2025

2025: £411.56K

Cash in Bank

£96.54K2024
-25.73%vs 2023

2023: £129.99K

Total Liabilities

£159.91K2026
-31.55%vs 2025

2025: £233.63K

Employees

152026
+2vs 2025

2025: 13

In 2026, IWE ELECTRICAL SERVICES LTD reported net assets of £183.66K. The same filing shows total assets of £343.57K, cash in bank of £96.54K and total liabilities of £159.91K. Reported headcount was 15 in 2026. Total Liabilities fell from £233.63K in 2025 to £159.91K in 2026 (-31.55%). Okredo holds filed figures for 2022–2026; 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

£183.66K2026
3.22%from £177.92K in 2025

Year-on-year change

Net Assets as filed for 2022–2026. Every figure in this chart is also in the financial history table.

3-year financial trend (2024–2026)

How the figures IWE ELECTRICAL SERVICES LTD filed moved across the three reported years 2024, 2025 and 2026 — measured end to end rather than year on year.

Net Assets

£194.53K2024£183.66K2026
-5.6%vs 2024

-2.8% a year compound (CAGR)

Total Assets

£532.68K2024£343.57K2026
-35.5%vs 2024

-19.7% a year compound (CAGR)

Total Liabilities

£271.40K2024£159.91K2026
-41.1%vs 2024

-23.2% a year compound (CAGR)

Employees

102024152026
+50%vs 2024+5

Biggest increase

Employees+50%

10 in 2024 to 15 in 2026

Biggest decrease

Total Liabilities-41.1%

£271.40K in 2024 to £159.91K in 2026

IWE ELECTRICAL SERVICES LTD's filings pull in both directions between 2024 and 2026. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.

Ratios from the filed figures

Calculated from IWE 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
53.46%2026
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
46.54%2026
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
35.57%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
18.12%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 IWE ELECTRICAL SERVICES LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20222023202420252026
Net Assets£72.64K141.29K194.53K177.92K183.66K
Total Assets£323.30K356.76K532.68K411.56K343.57K
Cash in Bank£–129.99K96.54K––
Total Liabilities£250.66K215.47K271.40K233.63K159.91K
Employees89101315

IWE ELECTRICAL SERVICES LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for IWE ELECTRICAL SERVICES LTD covering 2022–2026, across 5 reported indicators. The most recent reported year is 2026.

IWE ELECTRICAL SERVICES LTD reported net assets of £183.66K for 2026. That compares with £177.92K in 2025, a change of 3.22%.

IWE ELECTRICAL SERVICES LTD reported total assets of £343.57K for 2026. That compares with £411.56K in 2025, a change of -16.52%.

IWE ELECTRICAL SERVICES LTD reported cash in bank of £96.54K for 2024. That compares with £129.99K in 2023, a change of -25.73%.

IWE ELECTRICAL SERVICES LTD reported 15 employees in 2026, compared with 13 in 2025.

Between 2024 and 2026, IWE ELECTRICAL SERVICES LTD's net assets fell by 5.6%, total assets fell by 35.5%, total liabilities fell by 41.1% and employee numbers rose by 50%. Net assets contracted at 2.8% a year across the two years to 2026, from £194.53K to £183.66K. Reported headcount went from 10 in 2024 to 15 in 2026 (+5).

Okredo holds reported figures for the years 2022, 2023, 2024, 2025, 2026. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.