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PLATINUM ELECTRICAL LIMITED Financials

Company number
05608834Copy
Copy
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

£1.20M2026
47.51%vs 2025

2025: £811.76K

Total Assets

£1.81M2026
24.08%vs 2025

2025: £1.46M

Cash in Bank

£753.88K2026
297.36%vs 2025

2025: £189.72K

Total Liabilities

£610.39K2026
-5.40%vs 2025

2025: £645.21K

Employees

202026
0vs 2025

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

£1.20M2026
47.51%from £811.76K in 2025

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

£456.56K2024£1.20M2026
+162%vs 2024

+61.9% a year compound (CAGR)

Cash in Bank

£317.11K2024£753.88K2026
+138%vs 2024

+54.2% a year compound (CAGR)

Total Assets

£768.31K2024£1.81M2026
+135%vs 2024

+53.4% a year compound (CAGR)

Total Liabilities

£311.75K2024£610.39K2026
+95.8%vs 2024

+39.9% a year compound (CAGR)

Employees

212024202026
-4.8%vs 2024-1

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.

Indicator20222023202420252026
Net Assets£390.21K381.67K456.56K811.76K1.20M
Total Assets£585.13K581.55K768.31K1.46M1.81M
Cash in Bank£122.90K109.39K317.11K189.72K753.88K
Total Liabilities£194.92K199.89K311.75K645.21K610.39K
Employees2218212020

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.