L MCCANN ELECTRICAL LIMITED Financials
- Company number
- SC204692CopyCopy
- Registered office
- 158 Park Street, Motherwell, Lanarkshire ML1 1PF
- Incorporated
- 08/03/2000
Company snapshot
- Status
- Active
- Employees
- 30 (2025)
- Latest financial data
- 2025
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-0.26%vs 20242024: £412.97K
Total Assets
-24.55%vs 20242024: £1.27M
Cash in Bank
-15.61%vs 20242024: £368.03K
Total Liabilities
-44.21%vs 20242024: £672.01K
Employees
+2vs 20242024: 28
In 2025, L MCCANN ELECTRICAL LIMITED reported net assets of £411.88K. The same filing shows total assets of £959.36K, cash in bank of £310.60K and total liabilities of £374.91K. Reported headcount was 30 in 2025. Total Assets fell from £1.27M in 2024 to £959.36K in 2025 (-24.55%). 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
-0.26%from £412.97K 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 L MCCANN ELECTRICAL LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+28.8%vs 2023+13.5% a year compound (CAGR)
Cash in Bank
+434%vs 2023+131% a year compound (CAGR)
Total Assets
+26.6%vs 2023+12.5% a year compound (CAGR)
Total Liabilities
+27.3%vs 2023+12.8% a year compound (CAGR)
Employees
+7.1%vs 2023+2Biggest increase
Cash in Bank+434%
£58.21K in 2023 to £310.60K in 2025
Every indicator Okredo holds for L MCCANN ELECTRICAL LIMITED rose between 2023 and 2025. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, 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 MCCANN 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
- 42.93%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
- 39.08%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
- 82.85%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
- 32.38%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 MCCANN ELECTRICAL 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£ | 393.16K | 403.08K | 319.90K | 412.97K | 411.88K |
| Total Assets£ | 976.07K | 979.33K | 757.52K | 1.27M | 959.36K |
| Cash in Bank£ | 284.92K | 324.44K | 58.21K | 368.03K | 310.60K |
| Total Liabilities£ | 407.81K | 425.33K | 294.60K | 672.01K | 374.91K |
| Employees | 30 | 28 | 28 | 28 | 30 |
L MCCANN ELECTRICAL LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for L MCCANN ELECTRICAL LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
L MCCANN ELECTRICAL LIMITED reported net assets of £411.88K for 2025. That compares with £412.97K in 2024, a change of -0.26%.
L MCCANN ELECTRICAL LIMITED reported total assets of £959.36K for 2025. That compares with £1.27M in 2024, a change of -24.55%.
L MCCANN ELECTRICAL LIMITED reported cash in bank of £310.60K for 2025. That compares with £368.03K in 2024, a change of -15.61%.
L MCCANN ELECTRICAL LIMITED reported 30 employees in 2025, compared with 28 in 2024.
Between 2023 and 2025, L MCCANN ELECTRICAL LIMITED's net assets rose by 28.8%, cash in bank rose by 434%, total assets rose by 26.6% and total liabilities rose by 27.3%. Net assets compounded at 13.5% a year across the two years to 2025, from £319.90K to £411.88K. Reported headcount went from 28 in 2023 to 30 in 2025 (+2).
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.