NORWICH ELECTRICAL CO LTD. Financials
- Company number
- 02414911CopyCopy
- Registered office
- Unit 5 Hellesdon Park Road, Norwich, Norfolk NR6 5DR
- Incorporated
- 18/08/1989
Company snapshot
- Status
- Active
- Employees
- 35 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
1.42%vs 20242024: £2.08M
Total Assets
-25.75%vs 20242024: £4.06M
Cash in Bank
6.54%vs 20242024: £1.41M
Total Liabilities
-54.38%vs 20242024: £1.98M
Employees
+1vs 20242024: 34
In 2025, NORWICH ELECTRICAL CO LTD. reported net assets of £2.11M. The same filing shows total assets of £3.02M, cash in bank of £1.50M and total liabilities of £902.58K. Reported headcount was 35 in 2025. Total Liabilities fell from £1.98M in 2024 to £902.58K in 2025 (-54.38%). 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
1.42%from £2.08M 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 NORWICH ELECTRICAL CO LTD. filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-22.8%vs 2023-12.2% a year compound (CAGR)
Cash in Bank
-35.8%vs 2023-19.8% a year compound (CAGR)
Total Assets
-22.8%vs 2023-12.1% a year compound (CAGR)
Total Liabilities
-22.7%vs 2023-12.1% a year compound (CAGR)
Employees
+29.6%vs 2023+8Biggest increase
Employees+29.6%
27 in 2023 to 35 in 2025
Biggest decrease
Cash in Bank-35.8%
£2.33M in 2023 to £1.50M in 2025
NORWICH ELECTRICAL CO LTD.'s filings pull in both directions between 2023 and 2025. The steepest rise came in employee numbers, pointing to an expanding team, 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 NORWICH ELECTRICAL CO 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
- 70.08%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
- 29.92%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
- 166.13%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
- 49.70%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 NORWICH ELECTRICAL CO LTD. 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£ | 2.16M | 2.45M | 2.74M | 2.08M | 2.11M |
| Total Assets£ | 3.08M | 4.12M | 3.91M | 4.06M | 3.02M |
| Cash in Bank£ | 1.71M | 2.16M | 2.33M | 1.41M | 1.50M |
| Total Liabilities£ | 921.85K | 1.67M | 1.17M | 1.98M | 902.58K |
| Employees | 23 | 26 | 27 | 34 | 35 |
NORWICH ELECTRICAL CO LTD. financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for NORWICH ELECTRICAL CO LTD. covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
NORWICH ELECTRICAL CO LTD. reported net assets of £2.11M for 2025. That compares with £2.08M in 2024, a change of 1.42%.
NORWICH ELECTRICAL CO LTD. reported total assets of £3.02M for 2025. That compares with £4.06M in 2024, a change of -25.75%.
NORWICH ELECTRICAL CO LTD. reported cash in bank of £1.50M for 2025. That compares with £1.41M in 2024, a change of 6.54%.
NORWICH ELECTRICAL CO LTD. reported 35 employees in 2025, compared with 34 in 2024.
Between 2023 and 2025, NORWICH ELECTRICAL CO LTD.'s net assets fell by 22.8%, cash in bank fell by 35.8%, total assets fell by 22.8% and total liabilities fell by 22.7%. Net assets contracted at 12.2% a year across the two years to 2025, from £2.74M to £2.11M. Reported headcount went from 27 in 2023 to 35 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.