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L & P ELECTRICAL LTD Financials

Company number
11523540Copy
Copy
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

£183.47K2025
32.79%vs 2024

2024: £138.17K

Total Assets

£465.22K2025
31.83%vs 2024

2024: £352.89K

Cash in Bank

£182.72K2025
87.92%vs 2024

2024: £97.23K

Total Liabilities

£281.75K2025
31.21%vs 2024

2024: £214.73K

Employees

152025
+4vs 2024

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

£183.47K2025
32.79%from £138.17K in 2024

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

£96.39K2023£183.47K2025
+90.3%vs 2023

+38% a year compound (CAGR)

Cash in Bank

£111.49K2023£182.72K2025
+63.9%vs 2023

+28% a year compound (CAGR)

Total Assets

£259.99K2023£465.22K2025
+78.9%vs 2023

+33.8% a year compound (CAGR)

Total Liabilities

£163.60K2023£281.75K2025
+72.2%vs 2023

+31.2% a year compound (CAGR)

Employees

82023152025
+87.5%vs 2023+7

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.

Indicator20212022202320242025
Net Assets£98.39K45.54K96.39K138.17K183.47K
Total Assets£247.58K154.97K259.99K352.89K465.22K
Cash in Bank£169.05K12.56K111.49K97.23K182.72K
Total Liabilities£149.19K109.43K163.60K214.73K281.75K
Employees3781115

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.