PLATINUM ELECTRICAL LIMITED Financials
- Company number
- 05608834CopyCopy
- Registered office
- Unit 10 Ecclesbourne Park Cotes Park Industrial Estate, Somercotes, Alfreton, Derbyshire DE55 4RF
- Incorporated
- 01/11/2005
Company snapshot
- Status
- Active
- Employees
- 20 (2026)
- Latest financial data
- 2026
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2026.
Net Assets
2025: £811.76K
Total Assets
2025: £1.46M
Cash in Bank
2025: £189.72K
Total Liabilities
2025: £645.21K
Employees
2025: 20
In 2026, PLATINUM ELECTRICAL LIMITED reported net assets of £1.20M. The same filing shows total assets of £1.81M, cash in bank of £753.88K and total liabilities of £610.39K. Reported headcount was 20 in 2026. Cash in Bank rose from £189.72K in 2025 to £753.88K in 2026 (297.36%). Okredo holds filed figures for 2022–2026; 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
Year-on-year change
Net Assets as filed for 2022–2026. Every figure in this chart is also in the financial history table.
3-year financial trend (2024–2026)
How the figures PLATINUM ELECTRICAL LIMITED filed moved across the three reported years 2024, 2025 and 2026 — measured end to end rather than year on year.
Net Assets
+61.9% a year compound (CAGR)
Cash in Bank
+54.2% a year compound (CAGR)
Total Assets
+53.4% a year compound (CAGR)
Total Liabilities
+39.9% a year compound (CAGR)
Employees
Biggest increase
Net Assets+162%
£456.56K in 2024 to £1.20M in 2026
Biggest decrease
Employees-4.8%
21 in 2024 to 20 in 2026
PLATINUM ELECTRICAL LIMITED's filings pull in both directions between 2024 and 2026. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from PLATINUM 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
- 66.24%2026
- 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
- 33.76%2026
- 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
- 123.51%2026
- 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
- 41.70%2026
- 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 PLATINUM ELECTRICAL LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Net Assets£ | 390.21K | 381.67K | 456.56K | 811.76K | 1.20M |
| Total Assets£ | 585.13K | 581.55K | 768.31K | 1.46M | 1.81M |
| Cash in Bank£ | 122.90K | 109.39K | 317.11K | 189.72K | 753.88K |
| Total Liabilities£ | 194.92K | 199.89K | 311.75K | 645.21K | 610.39K |
| Employees | 22 | 18 | 21 | 20 | 20 |
PLATINUM ELECTRICAL LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for PLATINUM ELECTRICAL LIMITED covering 2022–2026, across 5 reported indicators. The most recent reported year is 2026.
PLATINUM ELECTRICAL LIMITED reported net assets of £1.20M for 2026. That compares with £811.76K in 2025, a change of 47.51%.
PLATINUM ELECTRICAL LIMITED reported total assets of £1.81M for 2026. That compares with £1.46M in 2025, a change of 24.08%.
PLATINUM ELECTRICAL LIMITED reported cash in bank of £753.88K for 2026. That compares with £189.72K in 2025, a change of 297.36%.
PLATINUM ELECTRICAL LIMITED reported 20 employees in 2026, compared with 20 in 2025.
Between 2024 and 2026, PLATINUM ELECTRICAL LIMITED's net assets rose by 162%, cash in bank rose by 138%, total assets rose by 135% and total liabilities rose by 95.8%. Net assets compounded at 61.9% a year across the two years to 2026, from £456.56K to £1.20M. Reported headcount went from 21 in 2024 to 20 in 2026 (-1).
Okredo holds reported figures for the years 2022, 2023, 2024, 2025, 2026. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.