KEVIN THOMAS ELECTRICAL LIMITED Financials
- Company number
- 13985135CopyCopy
- Registered office
- Quay House, Quay Road, Newton Abbot, Devon TQ12 2BU
- Incorporated
- 17/03/2022
Company snapshot
- Status
- Active
- Employees
- 4 (2025)
- Latest financial data
- 2025
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2023–2025.
Net Assets
-42.90%vs 20242024: £28.38K
Total Assets
-14.04%vs 20242024: £80.37K
Total Liabilities
-24.57%vs 20242024: £-18.63K
Employees
0vs 20242024: 4
In 2025, KEVIN THOMAS ELECTRICAL LIMITED reported net assets of £16.21K. The same filing shows total assets of £69.09K and total liabilities of £-23.21K. Reported headcount was 4 in 2025. Net Assets fell from £28.38K in 2024 to £16.21K in 2025 (-42.90%). Okredo holds filed figures for 2023–2025; 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
-42.90%from £28.38K in 2024Year-on-year change
Net Assets as filed for 2023–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures KEVIN THOMAS ELECTRICAL LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+1169%vs 2023+256% a year compound (CAGR)
Total Assets
-17%vs 2023-8.9% a year compound (CAGR)
Total Liabilities
Increasedvs 2023Employees
0%vs 2023Biggest increase
Net Assets+1169%
£1.28K in 2023 to £16.21K in 2025
Biggest decrease
Total Assets-17%
£83.19K in 2023 to £69.09K in 2025
KEVIN THOMAS 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 total assets, pointing to a narrowing asset base. See the full year-by-year figures.
Ratios from the filed figures
Calculated from KEVIN THOMAS 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
- 23.46%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
- -33.60%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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for KEVIN THOMAS ELECTRICAL LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2023 | 2024 | 2025 |
|---|---|---|---|
| Net Assets£ | 1.28K | 28.38K | 16.21K |
| Total Assets£ | 83.19K | 80.37K | 69.09K |
| Cash in Bank£ | – | – | – |
| Total Liabilities£ | -36.87K | -18.63K | -23.21K |
| Employees | 4 | 4 | 4 |
KEVIN THOMAS ELECTRICAL LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for KEVIN THOMAS ELECTRICAL LIMITED covering 2023–2025, across 4 reported indicators. The most recent reported year is 2025.
KEVIN THOMAS ELECTRICAL LIMITED reported net assets of £16.21K for 2025. That compares with £28.38K in 2024, a change of -42.90%.
KEVIN THOMAS ELECTRICAL LIMITED reported total assets of £69.09K for 2025. That compares with £80.37K in 2024, a change of -14.04%.
KEVIN THOMAS ELECTRICAL LIMITED reported total liabilities of £-23.21K for 2025. That compares with £-18.63K in 2024, a change of -24.57%.
KEVIN THOMAS ELECTRICAL LIMITED reported 4 employees in 2025, compared with 4 in 2024.
Between 2023 and 2025, KEVIN THOMAS ELECTRICAL LIMITED's net assets rose by 1169%, total assets fell by 17% and employee numbers was unchanged. Net assets compounded at 256% a year across the two years to 2025, from £1.28K to £16.21K. Reported headcount went from 4 in 2023 to 4 in 2025.
Okredo holds reported figures for the years 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.