QUALITY ELECTRICAL SUPPLIES AND TECHNOLOGY LIMITED Financials
- Company number
- 02616061CopyCopy
- Registered office
- Fulford Lodge 1 Heslington Lane, Fulford, York YO10 4HW
- Incorporated
- 31/05/1991
Company snapshot
- Status
- Active
- Employees
- 39 (2023)
- Latest financial data
- 2023
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
56.83%vs 20222022: £348.42K
Cash in Bank
-74.95%vs 20222022: £14.24K
Employees
+8vs 20222022: 31
In 2023, QUALITY ELECTRICAL SUPPLIES AND TECHNOLOGY LIMITED reported net assets of £546.43K. The same filing shows cash in bank of £3.57K. Reported headcount was 39 in 2023. Net Assets rose from £348.42K in 2022 to £546.43K in 2023 (56.83%). Okredo holds filed figures for 2021–2023; 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
56.83%from £348.42K in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures QUALITY ELECTRICAL SUPPLIES AND TECHNOLOGY LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+185%vs 2021+69% a year compound (CAGR)
Cash in Bank
+43.5%vs 2021+19.8% a year compound (CAGR)
Employees
+62.5%vs 2021+15Biggest increase
Net Assets+185%
£191.42K in 2021 to £546.43K in 2023
Every indicator Okredo holds for QUALITY ELECTRICAL SUPPLIES AND TECHNOLOGY LIMITED rose between 2021 and 2023. The steepest rise came in net assets, pointing to a strengthening balance sheet, with cash in bank and employee numbers climbing alongside it. See the full year-by-year figures.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for QUALITY ELECTRICAL SUPPLIES AND TECHNOLOGY LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 191.42K | 348.42K | 546.43K |
| Total Assets£ | – | – | – |
| Cash in Bank£ | 2.49K | 14.24K | 3.57K |
| Total Liabilities£ | – | – | – |
| Employees | 24 | 31 | 39 |
QUALITY ELECTRICAL SUPPLIES AND TECHNOLOGY LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for QUALITY ELECTRICAL SUPPLIES AND TECHNOLOGY LIMITED covering 2021–2023, across 3 reported indicators. The most recent reported year is 2023.
QUALITY ELECTRICAL SUPPLIES AND TECHNOLOGY LIMITED reported net assets of £546.43K for 2023. That compares with £348.42K in 2022, a change of 56.83%.
QUALITY ELECTRICAL SUPPLIES AND TECHNOLOGY LIMITED reported cash in bank of £3.57K for 2023. That compares with £14.24K in 2022, a change of -74.95%.
QUALITY ELECTRICAL SUPPLIES AND TECHNOLOGY LIMITED reported 39 employees in 2023, compared with 31 in 2022.
Between 2021 and 2023, QUALITY ELECTRICAL SUPPLIES AND TECHNOLOGY LIMITED's net assets rose by 185%, cash in bank rose by 43.5% and employee numbers rose by 62.5%. Net assets compounded at 69% a year across the two years to 2023, from £191.42K to £546.43K. Reported headcount went from 24 in 2021 to 39 in 2023 (+15).
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.