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MR BARRETT ELECTRICAL LTD Financials

Company number
08249336Copy
Copy
Registered office
C/O East Herts Accountants Ltd T/A Mtm, 2 Falcon Gate, Shire Park, Welwyn Garden City AL7 1TW
Incorporated
11/10/2012

Company snapshot

Status
Active
Employees
4 (2025)
Latest financial data
2025
Accounts type
Total Exemption Full

Financial highlights

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

Net Assets

£297.91K2025
10.88%vs 2024

2024: £268.67K

Total Assets

£433.95K2025
-1.67%vs 2024

2024: £441.30K

Cash in Bank

£155.54K2025
-12.34%vs 2024

2024: £177.44K

Total Liabilities

£112.14K2025
-30.95%vs 2024

2024: £162.40K

Employees

42025
0vs 2024

2024: 4

In 2025, MR BARRETT ELECTRICAL LTD reported net assets of £297.91K. The same filing shows total assets of £433.95K, cash in bank of £155.54K and total liabilities of £112.14K. Reported headcount was 4 in 2025. Total Liabilities fell from £162.40K in 2024 to £112.14K in 2025 (-30.95%). 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

£297.91K2025
10.88%from £268.67K 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 MR BARRETT ELECTRICAL LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£255.97K2023£297.91K2025
+16.4%vs 2023

+7.9% a year compound (CAGR)

Cash in Bank

£210.75K2023£155.54K2025
-26.2%vs 2023

-14.1% a year compound (CAGR)

Total Assets

£431.25K2023£433.95K2025
+0.6%vs 2023

+0.3% a year compound (CAGR)

Total Liabilities

£160.64K2023£112.14K2025
-30.2%vs 2023

-16.4% a year compound (CAGR)

Employees

4202342025
0%vs 2023

Biggest increase

Net Assets+16.4%

£255.97K in 2023 to £297.91K in 2025

Biggest decrease

Total Liabilities-30.2%

£160.64K in 2023 to £112.14K in 2025

MR BARRETT ELECTRICAL LTD's filings pull in both directions between 2023 and 2025. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.

Ratios from the filed figures

Calculated from MR BARRETT ELECTRICAL 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
68.65%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
25.84%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
138.70%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
35.84%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 MR BARRETT ELECTRICAL LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£256.53K360.67K255.97K268.67K297.91K
Total Assets£414.06K502.96K431.25K441.30K433.95K
Cash in Bank£283.99K286.92K210.75K177.44K155.54K
Total Liabilities£157.19K123.57K160.64K162.40K112.14K
Employees45444

MR BARRETT ELECTRICAL LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for MR BARRETT ELECTRICAL LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.

MR BARRETT ELECTRICAL LTD reported net assets of £297.91K for 2025. That compares with £268.67K in 2024, a change of 10.88%.

MR BARRETT ELECTRICAL LTD reported total assets of £433.95K for 2025. That compares with £441.30K in 2024, a change of -1.67%.

MR BARRETT ELECTRICAL LTD reported cash in bank of £155.54K for 2025. That compares with £177.44K in 2024, a change of -12.34%.

MR BARRETT ELECTRICAL LTD reported 4 employees in 2025, compared with 4 in 2024.

Between 2023 and 2025, MR BARRETT ELECTRICAL LTD's net assets rose by 16.4%, cash in bank fell by 26.2%, total assets rose by 0.6% and total liabilities fell by 30.2%. Net assets compounded at 7.9% a year across the two years to 2025, from £255.97K to £297.91K. Reported headcount went from 4 in 2023 to 4 in 2025.

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.