MECHANICAL & ELECTRICAL SERVICES (SPECIAL PROJECTS) LIMITED Financials
- Company number
- 05649295CopyCopy
- Registered office
- Suite 501 The Nexus Building, Broadway, Letchworth Garden City, Herts SG6 3TA
- Incorporated
- 08/12/2005
Company snapshot
- Status
- Active
- Employees
- 19 (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: £878.10K
Total Assets
2024: £2.44M
Cash in Bank
2024: £1.90M
Total Liabilities
2024: £1.56M
Employees
2024: 17
In 2025, MECHANICAL & ELECTRICAL SERVICES (SPECIAL PROJECTS) LIMITED reported net assets of £1.35M. The same filing shows total assets of £3.78M, cash in bank of £1.41M and total liabilities of £2.43M. Reported headcount was 19 in 2025. Total Assets rose from £2.44M in 2024 to £3.78M in 2025 (55.03%). 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 MECHANICAL & ELECTRICAL SERVICES (SPECIAL PROJECTS) LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+66.7% a year compound (CAGR)
Cash in Bank
+37.1% a year compound (CAGR)
Total Assets
+61.3% a year compound (CAGR)
Total Liabilities
+58.5% a year compound (CAGR)
Employees
Biggest increase
Net Assets+178%
£484.44K in 2023 to £1.35M in 2025
Every indicator Okredo holds for MECHANICAL & ELECTRICAL SERVICES (SPECIAL PROJECTS) LIMITED 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 MECHANICAL & ELECTRICAL SERVICES (SPECIAL PROJECTS) 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
- 35.64%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
- 64.36%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
- 58.01%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
- 37.33%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 MECHANICAL & ELECTRICAL SERVICES (SPECIAL PROJECTS) 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£ | 343.59K | 401.12K | 484.44K | 878.10K | 1.35M |
| Total Assets£ | 1.48M | 988.62K | 1.45M | 2.44M | 3.78M |
| Cash in Bank£ | 1.01M | 296.98K | 750.32K | 1.90M | 1.41M |
| Total Liabilities£ | 1.13M | 587.50K | 967.22K | 1.56M | 2.43M |
| Employees | 20 | 18 | 14 | 17 | 19 |
MECHANICAL & ELECTRICAL SERVICES (SPECIAL PROJECTS) LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MECHANICAL & ELECTRICAL SERVICES (SPECIAL PROJECTS) LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
MECHANICAL & ELECTRICAL SERVICES (SPECIAL PROJECTS) LIMITED reported net assets of £1.35M for 2025. That compares with £878.10K in 2024, a change of 53.31%.
MECHANICAL & ELECTRICAL SERVICES (SPECIAL PROJECTS) LIMITED reported total assets of £3.78M for 2025. That compares with £2.44M in 2024, a change of 55.03%.
MECHANICAL & ELECTRICAL SERVICES (SPECIAL PROJECTS) LIMITED reported cash in bank of £1.41M for 2025. That compares with £1.90M in 2024, a change of -25.64%.
MECHANICAL & ELECTRICAL SERVICES (SPECIAL PROJECTS) LIMITED reported 19 employees in 2025, compared with 17 in 2024.
Between 2023 and 2025, MECHANICAL & ELECTRICAL SERVICES (SPECIAL PROJECTS) LIMITED's net assets rose by 178%, cash in bank rose by 87.9%, total assets rose by 160% and total liabilities rose by 151%. Net assets compounded at 66.7% a year across the two years to 2025, from £484.44K to £1.35M. Reported headcount went from 14 in 2023 to 19 in 2025 (+5).
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.