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NORWOOD ELECTRICAL (UK) LIMITED Financials

Company number
04592283Copy
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Registered office
The Coach House, Lockington Hall, Lockington, Derbyshire DE74 2RH
Incorporated
15/11/2002

Company snapshot

Status
Active
Employees
101 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£97.86K2024
-43.55%vs 2023

2023: £173.36K

Total Assets

£1.44M2024
-21.09%vs 2023

2023: £1.83M

Cash in Bank

£17.13K2024
3.63%vs 2023

2023: £16.53K

Total Liabilities

£1.30M2024
-18.67%vs 2023

2023: £1.60M

Employees

1012024
0vs 2023

2023: 101

In 2024, NORWOOD ELECTRICAL (UK) LIMITED reported net assets of £97.86K. The same filing shows total assets of £1.44M, cash in bank of £17.13K and total liabilities of £1.30M. Reported headcount was 101 in 2024. Total Assets fell from £1.83M in 2023 to £1.44M in 2024 (-21.09%). 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

£97.86K2024
-43.55%from £173.36K in 2023

Year-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 NORWOOD ELECTRICAL (UK) LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£184.30K2022£97.86K2024
-46.9%vs 2022

-27.1% a year compound (CAGR)

Cash in Bank

£17.41K2022£17.13K2024
-1.6%vs 2022

-0.8% a year compound (CAGR)

Total Assets

£1.46M2022£1.44M2024
-0.9%vs 2022

-0.4% a year compound (CAGR)

Total Liabilities

£1.21M2022£1.30M2024
+7.5%vs 2022

+3.7% a year compound (CAGR)

Employees

9220221012024
+9.8%vs 2022+9

Biggest increase

Employees+9.8%

92 in 2022 to 101 in 2024

Biggest decrease

Net Assets-46.9%

£184.30K in 2022 to £97.86K in 2024

NORWOOD ELECTRICAL (UK) LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.

Ratios from the filed figures

Calculated from NORWOOD ELECTRICAL (UK) 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
6.78%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
90.06%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
1.32%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
1.19%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 NORWOOD ELECTRICAL (UK) LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£158.08K184.30K173.36K97.86K
Total Assets£1.49M1.46M1.83M1.44M
Cash in Bank£25.89K17.41K16.53K17.13K
Total Liabilities£1.27M1.21M1.60M1.30M
Employees8692101101

NORWOOD ELECTRICAL (UK) LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has NORWOOD ELECTRICAL (UK) LIMITED filed financial statements?

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Yes. Okredo holds filed figures for NORWOOD ELECTRICAL (UK) LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

What net assets did NORWOOD ELECTRICAL (UK) LIMITED report in 2024?

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NORWOOD ELECTRICAL (UK) LIMITED reported net assets of £97.86K for 2024. That compares with £173.36K in 2023, a change of -43.55%.

What total assets did NORWOOD ELECTRICAL (UK) LIMITED report in 2024?

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NORWOOD ELECTRICAL (UK) LIMITED reported total assets of £1.44M for 2024. That compares with £1.83M in 2023, a change of -21.09%.

What cash in bank did NORWOOD ELECTRICAL (UK) LIMITED report in 2024?

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NORWOOD ELECTRICAL (UK) LIMITED reported cash in bank of £17.13K for 2024. That compares with £16.53K in 2023, a change of 3.63%.

How many people does NORWOOD ELECTRICAL (UK) LIMITED employ?

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NORWOOD ELECTRICAL (UK) LIMITED reported 101 employees in 2024, compared with 101 in 2023.

How have NORWOOD ELECTRICAL (UK) LIMITED financials changed over the last 3 years?

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Between 2022 and 2024, NORWOOD ELECTRICAL (UK) LIMITED's net assets fell by 46.9%, cash in bank fell by 1.6%, total assets fell by 0.9% and total liabilities rose by 7.5%. Net assets contracted at 27.1% a year across the two years to 2024, from £184.30K to £97.86K. Reported headcount went from 92 in 2022 to 101 in 2024 (+9).

Which years of NORWOOD ELECTRICAL (UK) LIMITED financial data are available?

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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.