METEOR ELECTRICAL LIMITED Financials
- Company number
- NI073275CopyCopy
- Registered office
- 7 Corchoney Road, Cookstown, Co. Tyrone BT80 9HU
- Incorporated
- 23/07/2009
Company snapshot
- Status
- Active
- Employees
- 24 (2024)
- Latest financial data
- 2024
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
13.58%vs 20232023: £1.94M
Total Assets
7.43%vs 20232023: £8.16M
Cash in Bank
18.58%vs 20232023: £158.81K
Total Liabilities
14.82%vs 20232023: £3.99M
Employees
0vs 20232023: 24
In 2024, METEOR ELECTRICAL LIMITED reported net assets of £2.20M. The same filing shows total assets of £8.76M, cash in bank of £188.31K and total liabilities of £4.58M. Reported headcount was 24 in 2024. Total Assets rose from £8.16M in 2023 to £8.76M in 2024 (7.43%). 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
13.58%from £1.94M 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 METEOR ELECTRICAL LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+23.3%vs 2022+11.1% a year compound (CAGR)
Cash in Bank
-82.4%vs 2022-58% a year compound (CAGR)
Total Assets
+2.3%vs 2022+1.1% a year compound (CAGR)
Total Liabilities
+7.2%vs 2022+3.5% a year compound (CAGR)
Employees
-7.7%vs 2022-2Biggest increase
Net Assets+23.3%
£1.79M in 2022 to £2.20M in 2024
Biggest decrease
Cash in Bank-82.4%
£1.07M in 2022 to £188.31K in 2024
METEOR ELECTRICAL LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, 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 METEOR 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
- 25.15%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.
- Liabilities to total assets
- 52.30%2024
- 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
- 4.11%2024
- 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
- 2.15%2024
- 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 METEOR ELECTRICAL LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 1.46M | 1.79M | 1.94M | 2.20M |
| Total Assets£ | 7.10M | 8.57M | 8.16M | 8.76M |
| Cash in Bank£ | 161.97K | 1.07M | 158.81K | 188.31K |
| Total Liabilities£ | 3.08M | 4.27M | 3.99M | 4.58M |
| Employees | 30 | 26 | 24 | 24 |
METEOR ELECTRICAL LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for METEOR ELECTRICAL LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
METEOR ELECTRICAL LIMITED reported net assets of £2.20M for 2024. That compares with £1.94M in 2023, a change of 13.58%.
METEOR ELECTRICAL LIMITED reported total assets of £8.76M for 2024. That compares with £8.16M in 2023, a change of 7.43%.
METEOR ELECTRICAL LIMITED reported cash in bank of £188.31K for 2024. That compares with £158.81K in 2023, a change of 18.58%.
METEOR ELECTRICAL LIMITED reported 24 employees in 2024, compared with 24 in 2023.
Between 2022 and 2024, METEOR ELECTRICAL LIMITED's net assets rose by 23.3%, cash in bank fell by 82.4%, total assets rose by 2.3% and total liabilities rose by 7.2%. Net assets compounded at 11.1% a year across the two years to 2024, from £1.79M to £2.20M. Reported headcount went from 26 in 2022 to 24 in 2024 (-2).
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.