LOVE ELECTRIC FINANCIAL SERVICES LTD Financials
- Company number
- SC374952Copy
Copy - Registered office
- 5 South Charlotte Street, Edinburgh, Midlothian EH2 4AN
- Incorporated
- 16/03/2010
Company snapshot
- Status
- Active
- Employees
- 33 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-164.40%vs 20232023: £242.82K
Total Assets
-25.95%vs 20232023: £3.50M
Cash in Bank
-76.67%vs 20232023: £1.56M
Total Liabilities
-15.94%vs 20232023: £3.24M
Employees
+13vs 20232023: 20
In 2024, LOVE ELECTRIC FINANCIAL SERVICES LTD reported net assets of £-156.39K. The same filing shows total assets of £2.59M, cash in bank of £363.31K and total liabilities of £2.72M. Reported headcount was 33 in 2024. Cash in Bank fell from £1.56M in 2023 to £363.31K in 2024 (-76.67%). Okredo holds filed figures for 2021–2024; 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
-164.40%from £242.82K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures LOVE ELECTRIC FINANCIAL SERVICES LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-141%vs 2022Cash in Bank
-45.4%vs 2022-26.1% a year compound (CAGR)
Total Assets
+88.8%vs 2022+37.4% a year compound (CAGR)
Total Liabilities
+177%vs 2022+66.6% a year compound (CAGR)
Employees
+154%vs 2022+20Biggest increase
Total Liabilities+177%
£980.50K in 2022 to £2.72M in 2024
Biggest decrease
Net Assets-141%
£377.24K in 2022 to £-156.39K in 2024
LOVE ELECTRIC FINANCIAL SERVICES LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from LOVE ELECTRIC FINANCIAL SERVICES 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
- -6.03%2024
- Liabilities to total assets
- 104.96%2024
- Cash to liabilities
- 13.36%2024
- Cash to total assets
- 14.02%2024
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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for LOVE ELECTRIC FINANCIAL SERVICES LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | -2.73K | 377.24K | 242.82K | -156.39K |
| Total Assets£ | 5.62K | 1.37M | 3.50M | 2.59M |
| Cash in Bank£ | 5.42K | 665.52K | 1.56M | 363.31K |
| Total Liabilities£ | 8.35K | 980.50K | 3.24M | 2.72M |
| Employees | – | 13 | 20 | 33 |
LOVE ELECTRIC FINANCIAL SERVICES LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has LOVE ELECTRIC FINANCIAL SERVICES LTD filed financial statements?
Yes. Okredo holds filed figures for LOVE ELECTRIC FINANCIAL SERVICES LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did LOVE ELECTRIC FINANCIAL SERVICES LTD report in 2024?
LOVE ELECTRIC FINANCIAL SERVICES LTD reported net assets of £-156.39K for 2024. That compares with £242.82K in 2023, a change of -164.40%.
What total assets did LOVE ELECTRIC FINANCIAL SERVICES LTD report in 2024?
LOVE ELECTRIC FINANCIAL SERVICES LTD reported total assets of £2.59M for 2024. That compares with £3.50M in 2023, a change of -25.95%.
What cash in bank did LOVE ELECTRIC FINANCIAL SERVICES LTD report in 2024?
LOVE ELECTRIC FINANCIAL SERVICES LTD reported cash in bank of £363.31K for 2024. That compares with £1.56M in 2023, a change of -76.67%.
How many people does LOVE ELECTRIC FINANCIAL SERVICES LTD employ?
LOVE ELECTRIC FINANCIAL SERVICES LTD reported 33 employees in 2024, compared with 20 in 2023.
How have LOVE ELECTRIC FINANCIAL SERVICES LTD financials changed over the last 3 years?
Between 2022 and 2024, LOVE ELECTRIC FINANCIAL SERVICES LTD's net assets fell by 141%, cash in bank fell by 45.4%, total assets rose by 88.8% and total liabilities rose by 177%. Cash in bank contracted at 26.1% a year across the two years to 2024, from £665.52K to £363.31K. Reported headcount went from 13 in 2022 to 33 in 2024 (+20).
Which years of LOVE ELECTRIC FINANCIAL SERVICES LTD financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.