MEGLEC ELECTRICAL CONTRACTORS LIMITED Financials
- Company number
- 10804927CopyCopy
- Registered office
- C17 Kestrel Business Centre Private Road 2, Colwick Industrial Estate, Nottingham NG4 2JR
- Incorporated
- 06/06/2017
Company snapshot
- Status
- Active
- Employees
- 21 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
48.38%vs 20242024: £44.71K
Total Assets
20.99%vs 20242024: £696.52K
Cash in Bank
-62.44%vs 20242024: £60.47K
Total Liabilities
17.95%vs 20242024: £516.67K
Employees
0vs 20242024: 21
In 2025, MEGLEC ELECTRICAL CONTRACTORS LIMITED reported net assets of £66.34K. The same filing shows total assets of £842.72K, cash in bank of £22.71K and total liabilities of £609.40K. Reported headcount was 21 in 2025. Total Assets rose from £696.52K in 2024 to £842.72K in 2025 (20.99%). 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
48.38%from £44.71K 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 MEGLEC ELECTRICAL CONTRACTORS LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+70.1%vs 2023+30.4% a year compound (CAGR)
Cash in Bank
+309%vs 2023+102% a year compound (CAGR)
Total Assets
+57.5%vs 2023+25.5% a year compound (CAGR)
Total Liabilities
+47.4%vs 2023+21.4% a year compound (CAGR)
Employees
+61.5%vs 2023+8Biggest increase
Cash in Bank+309%
£5.55K in 2023 to £22.71K in 2025
Every indicator Okredo holds for MEGLEC ELECTRICAL CONTRACTORS 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 MEGLEC ELECTRICAL CONTRACTORS 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
- 7.87%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
- 72.31%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
- 3.73%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
- 2.70%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 MEGLEC ELECTRICAL CONTRACTORS 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£ | 9.44K | 22.15K | 39.01K | 44.71K | 66.34K |
| Total Assets£ | 273.22K | – | 534.90K | 696.52K | 842.72K |
| Cash in Bank£ | 14.56K | 9.56K | 5.55K | 60.47K | 22.71K |
| Total Liabilities£ | 222.03K | – | 413.47K | 516.67K | 609.40K |
| Employees | 16 | 15 | 13 | 21 | 21 |
MEGLEC ELECTRICAL CONTRACTORS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MEGLEC ELECTRICAL CONTRACTORS LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
MEGLEC ELECTRICAL CONTRACTORS LIMITED reported net assets of £66.34K for 2025. That compares with £44.71K in 2024, a change of 48.38%.
MEGLEC ELECTRICAL CONTRACTORS LIMITED reported total assets of £842.72K for 2025. That compares with £696.52K in 2024, a change of 20.99%.
MEGLEC ELECTRICAL CONTRACTORS LIMITED reported cash in bank of £22.71K for 2025. That compares with £60.47K in 2024, a change of -62.44%.
MEGLEC ELECTRICAL CONTRACTORS LIMITED reported 21 employees in 2025, compared with 21 in 2024.
Between 2023 and 2025, MEGLEC ELECTRICAL CONTRACTORS LIMITED's net assets rose by 70.1%, cash in bank rose by 309%, total assets rose by 57.5% and total liabilities rose by 47.4%. Net assets compounded at 30.4% a year across the two years to 2025, from £39.01K to £66.34K. Reported headcount went from 13 in 2023 to 21 in 2025 (+8).
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.