L & P ELECTRICAL LTD Financials
- Company number
- 11523540CopyCopy
- Registered office
- 6 George Street, Driffield YO25 6RA
- Incorporated
- 17/08/2018
Company snapshot
- Status
- Active
- Employees
- 15 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
2024: £138.17K
Total Assets
2024: £352.89K
Cash in Bank
2024: £97.23K
Total Liabilities
2024: £214.73K
Employees
2024: 11
In 2025, L & P ELECTRICAL LTD reported net assets of £183.47K. The same filing shows total assets of £465.22K, cash in bank of £182.72K and total liabilities of £281.75K. Reported headcount was 15 in 2025. Total Assets rose from £352.89K in 2024 to £465.22K in 2025 (31.83%). 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
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 L & P ELECTRICAL LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+38% a year compound (CAGR)
Cash in Bank
+28% a year compound (CAGR)
Total Assets
+33.8% a year compound (CAGR)
Total Liabilities
+31.2% a year compound (CAGR)
Employees
Biggest increase
Net Assets+90.3%
£96.39K in 2023 to £183.47K in 2025
Every indicator Okredo holds for L & P ELECTRICAL LTD rose between 2023 and 2025. The steepest rise came in net assets, pointing to a strengthening balance sheet, with cash in bank, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from L & P ELECTRICAL 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
- 39.44%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
- 60.56%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
- 64.85%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
- 39.28%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 L & P ELECTRICAL LTD 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£ | 98.39K | 45.54K | 96.39K | 138.17K | 183.47K |
| Total Assets£ | 247.58K | 154.97K | 259.99K | 352.89K | 465.22K |
| Cash in Bank£ | 169.05K | 12.56K | 111.49K | 97.23K | 182.72K |
| Total Liabilities£ | 149.19K | 109.43K | 163.60K | 214.73K | 281.75K |
| Employees | 3 | 7 | 8 | 11 | 15 |
L & P ELECTRICAL LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for L & P ELECTRICAL LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
L & P ELECTRICAL LTD reported net assets of £183.47K for 2025. That compares with £138.17K in 2024, a change of 32.79%.
L & P ELECTRICAL LTD reported total assets of £465.22K for 2025. That compares with £352.89K in 2024, a change of 31.83%.
L & P ELECTRICAL LTD reported cash in bank of £182.72K for 2025. That compares with £97.23K in 2024, a change of 87.92%.
L & P ELECTRICAL LTD reported 15 employees in 2025, compared with 11 in 2024.
Between 2023 and 2025, L & P ELECTRICAL LTD's net assets rose by 90.3%, cash in bank rose by 63.9%, total assets rose by 78.9% and total liabilities rose by 72.2%. Net assets compounded at 38% a year across the two years to 2025, from £96.39K to £183.47K. Reported headcount went from 8 in 2023 to 15 in 2025 (+7).
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.