MCCONNELLS ELECTRICAL COMPANY LIMITED Financials
- Company number
- 02595801CopyCopy
- Registered office
- Cliff Nook House, Cliff Nook Lane, Newark, Nottinghamshire NG24 1LY
- Incorporated
- 26/03/1991
Company snapshot
- Status
- Active
- Employees
- 47 (2025)
- Latest financial data
- 2025
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
18.24%vs 20242024: £2.50M
Total Assets
47.92%vs 20242024: £6.90M
Cash in Bank
-13.73%vs 20242024: £1.70M
Total Liabilities
55.88%vs 20242024: £3.81M
Employees
+6vs 20242024: 41
In 2025, MCCONNELLS ELECTRICAL COMPANY LIMITED reported net assets of £2.96M. The same filing shows total assets of £10.20M, cash in bank of £1.46M and total liabilities of £5.93M. Reported headcount was 47 in 2025. Total Assets rose from £6.90M in 2024 to £10.20M in 2025 (47.92%). 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
18.24%from £2.50M 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 MCCONNELLS ELECTRICAL COMPANY LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+38.9%vs 2023+17.8% a year compound (CAGR)
Cash in Bank
-30.1%vs 2023-16.4% a year compound (CAGR)
Total Assets
+111%vs 2023+45.1% a year compound (CAGR)
Total Liabilities
+119%vs 2023+47.8% a year compound (CAGR)
Employees
+38.2%vs 2023+13Biggest increase
Total Liabilities+119%
£2.72M in 2023 to £5.93M in 2025
Biggest decrease
Cash in Bank-30.1%
£2.09M in 2023 to £1.46M in 2025
MCCONNELLS ELECTRICAL COMPANY LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MCCONNELLS ELECTRICAL COMPANY 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
- 28.99%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
- 58.18%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
- 24.65%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
- 14.34%2025
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £429.40K2025
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for MCCONNELLS ELECTRICAL COMPANY 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£ | 1.44M | 1.76M | 2.13M | 2.50M | 2.96M |
| Total Assets£ | 2.42M | 6.84M | 4.85M | 6.90M | 10.20M |
| Cash in Bank£ | 790.07K | 2.09M | 2.09M | 1.70M | 1.46M |
| Total Liabilities£ | 984.14K | 5.08M | 2.72M | 3.81M | 5.93M |
| Employees | 22 | 25 | 34 | 41 | 47 |
MCCONNELLS ELECTRICAL COMPANY LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MCCONNELLS ELECTRICAL COMPANY LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
MCCONNELLS ELECTRICAL COMPANY LIMITED reported net assets of £2.96M for 2025. That compares with £2.50M in 2024, a change of 18.24%.
MCCONNELLS ELECTRICAL COMPANY LIMITED reported total assets of £10.20M for 2025. That compares with £6.90M in 2024, a change of 47.92%.
MCCONNELLS ELECTRICAL COMPANY LIMITED reported cash in bank of £1.46M for 2025. That compares with £1.70M in 2024, a change of -13.73%.
MCCONNELLS ELECTRICAL COMPANY LIMITED reported 47 employees in 2025, compared with 41 in 2024.
Between 2023 and 2025, MCCONNELLS ELECTRICAL COMPANY LIMITED's net assets rose by 38.9%, cash in bank fell by 30.1%, total assets rose by 111% and total liabilities rose by 119%. Net assets compounded at 17.8% a year across the two years to 2025, from £2.13M to £2.96M. Reported headcount went from 34 in 2023 to 47 in 2025 (+13).
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.