JOHN MCNICOL & CO. (ELECTRICAL ENGINEERS) LIMITED Financials
- Company number
- SC291681Copy
Copy - Registered office
- 123 Elliot Street, Glasgow, G3 8EY
- Incorporated
- 13/10/2005
Company snapshot
- Status
- Active
- Employees
- 12 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-9.28%vs 20242024: £223.12K
Total Assets
-19.94%vs 20242024: £409.82K
Cash in Bank
-47.62%vs 20242024: £45.05K
Total Liabilities
-32.69%vs 20242024: £186.70K
Employees
-3vs 20242024: 15
In 2025, JOHN MCNICOL & CO. (ELECTRICAL ENGINEERS) LIMITED reported net assets of £202.41K. The same filing shows total assets of £328.09K, cash in bank of £23.60K and total liabilities of £125.67K. Reported headcount was 12 in 2025. Total Assets fell from £409.82K in 2024 to £328.09K in 2025 (-19.94%). 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
-9.28%from £223.12K in 2024Year-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 JOHN MCNICOL & CO. (ELECTRICAL ENGINEERS) LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+10.4%vs 2023+5.1% a year compound (CAGR)
Cash in Bank
-55%vs 2023-32.9% a year compound (CAGR)
Total Assets
-23.2%vs 2023-12.4% a year compound (CAGR)
Total Liabilities
-48.4%vs 2023-28.2% a year compound (CAGR)
Employees
-29.4%vs 2023-5Biggest increase
Net Assets+10.4%
£183.42K in 2023 to £202.41K in 2025
Biggest decrease
Cash in Bank-55%
£52.42K in 2023 to £23.60K in 2025
JOHN MCNICOL & CO. (ELECTRICAL ENGINEERS) 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 JOHN MCNICOL & CO. (ELECTRICAL ENGINEERS) 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
- 61.69%2025
- Liabilities to total assets
- 38.31%2025
- Cash to liabilities
- 18.77%2025
- Cash to total assets
- 7.19%2025
- Revenue per employee
- £65.32K2025
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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Reported cash in bank divided by reported total assets, for the latest year both were filed.
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 JOHN MCNICOL & CO. (ELECTRICAL ENGINEERS) LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 105.92K | 144.66K | 183.42K | 223.12K | 202.41K |
| Total Assets£ | 230.23K | 323.22K | 427.09K | 409.82K | 328.09K |
| Cash in Bank£ | 45.42K | 20.48K | 52.42K | 45.05K | 23.60K |
| Total Liabilities£ | 124.31K | 178.56K | 243.67K | 186.70K | 125.67K |
| Employees | 18 | 17 | 17 | 15 | 12 |
JOHN MCNICOL & CO. (ELECTRICAL ENGINEERS) LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has JOHN MCNICOL & CO. (ELECTRICAL ENGINEERS) LIMITED filed financial statements?
Yes. Okredo holds filed figures for JOHN MCNICOL & CO. (ELECTRICAL ENGINEERS) LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
What net assets did JOHN MCNICOL & CO. (ELECTRICAL ENGINEERS) LIMITED report in 2025?
JOHN MCNICOL & CO. (ELECTRICAL ENGINEERS) LIMITED reported net assets of £202.41K for 2025. That compares with £223.12K in 2024, a change of -9.28%.
What total assets did JOHN MCNICOL & CO. (ELECTRICAL ENGINEERS) LIMITED report in 2025?
JOHN MCNICOL & CO. (ELECTRICAL ENGINEERS) LIMITED reported total assets of £328.09K for 2025. That compares with £409.82K in 2024, a change of -19.94%.
What cash in bank did JOHN MCNICOL & CO. (ELECTRICAL ENGINEERS) LIMITED report in 2025?
JOHN MCNICOL & CO. (ELECTRICAL ENGINEERS) LIMITED reported cash in bank of £23.60K for 2025. That compares with £45.05K in 2024, a change of -47.62%.
How many people does JOHN MCNICOL & CO. (ELECTRICAL ENGINEERS) LIMITED employ?
JOHN MCNICOL & CO. (ELECTRICAL ENGINEERS) LIMITED reported 12 employees in 2025, compared with 15 in 2024.
How have JOHN MCNICOL & CO. (ELECTRICAL ENGINEERS) LIMITED financials changed over the last 3 years?
Between 2023 and 2025, JOHN MCNICOL & CO. (ELECTRICAL ENGINEERS) LIMITED's net assets rose by 10.4%, cash in bank fell by 55%, total assets fell by 23.2% and total liabilities fell by 48.4%. Net assets compounded at 5.1% a year across the two years to 2025, from £183.42K to £202.41K. Reported headcount went from 17 in 2023 to 12 in 2025 (-5).
Which years of JOHN MCNICOL & CO. (ELECTRICAL ENGINEERS) LIMITED financial data are available?
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.