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MORWOOD ELECTRICAL SERVICES LTD Financials

Company number
04762444Copy
Copy
Registered office
Burton And Company, 76 Davyhulme Road, Davyhulme, Manchester M41 7DN
Incorporated
13/05/2003

Company snapshot

Status
Active
Employees
1 (2025)
Latest financial data
2025
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£15.02K2025
-27.35%vs 2024

2024: £20.68K

Total Assets

£21.84K2025
-22.84%vs 2024

2024: £28.30K

Total Liabilities

£6.81K2025
-10.60%vs 2024

2024: £7.62K

Employees

12025
-1vs 2024

2024: 2

In 2025, MORWOOD ELECTRICAL SERVICES LTD reported net assets of £15.02K. The same filing shows total assets of £21.84K and total liabilities of £6.81K. Reported headcount was 1 in 2025. Total Assets fell from £28.30K in 2024 to £21.84K in 2025 (-22.84%). 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

£15.02K2025
-27.35%from £20.68K in 2024

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 MORWOOD ELECTRICAL SERVICES LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£33.47K2023£15.02K2025
-55.1%vs 2023

-33% a year compound (CAGR)

Total Assets

£41.40K2023£21.84K2025
-47.3%vs 2023

-27.4% a year compound (CAGR)

Total Liabilities

£7.94K2023£6.81K2025
-14.2%vs 2023

-7.4% a year compound (CAGR)

Employees

3202312025
-66.7%vs 2023-2

Biggest decrease

Employees-66.7%

3 in 2023 to 1 in 2025

Every indicator Okredo holds for MORWOOD ELECTRICAL SERVICES LTD fell between 2023 and 2025. The steepest fall came in employee numbers, pointing to a smaller workforce, with net assets, total assets and total liabilities falling alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from MORWOOD ELECTRICAL 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
68.80%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
31.20%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.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for MORWOOD ELECTRICAL SERVICES LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£24.28K30.48K33.47K20.68K15.02K
Total Assets£33.34K38.72K41.40K28.30K21.84K
Cash in Bank£–––––
Total Liabilities£9.06K8.24K7.94K7.62K6.81K
Employees33321

MORWOOD ELECTRICAL SERVICES LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for MORWOOD ELECTRICAL SERVICES LTD covering 2021–2025, across 4 reported indicators. The most recent reported year is 2025.

MORWOOD ELECTRICAL SERVICES LTD reported net assets of £15.02K for 2025. That compares with £20.68K in 2024, a change of -27.35%.

MORWOOD ELECTRICAL SERVICES LTD reported total assets of £21.84K for 2025. That compares with £28.30K in 2024, a change of -22.84%.

MORWOOD ELECTRICAL SERVICES LTD reported total liabilities of £6.81K for 2025. That compares with £7.62K in 2024, a change of -10.60%.

MORWOOD ELECTRICAL SERVICES LTD reported 1 employee in 2025, compared with 2 in 2024.

Between 2023 and 2025, MORWOOD ELECTRICAL SERVICES LTD's net assets fell by 55.1%, total assets fell by 47.3%, total liabilities fell by 14.2% and employee numbers fell by 66.7%. Net assets contracted at 33% a year across the two years to 2025, from £33.47K to £15.02K. Reported headcount went from 3 in 2023 to 1 in 2025 (-2).

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.