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R.D.M. ELECTRICAL SERVICES LIMITED Financials

Company number
02229614Copy
Copy
Registered office
Phoenix House Llys Felin Newydd, Swansea Enterprise Park, Swansea, West Glamorgan SA7 9FG
Incorporated
11/03/1988

Company snapshot

Status
Active
Employees
130 (2026)
Latest financial data
2026
Accounts type
Medium

Financial highlights

Latest reported figures. Okredo holds filed data for 2022–2026.

Net Assets

£1.07M2026
39.33%vs 2025

2025: £769.49K

Total Assets

£7.08M2026
16.80%vs 2025

2025: £6.06M

Cash in Bank

£2.17M2026
140.77%vs 2025

2025: £899.91K

Total Liabilities

£6.00M2026
13.53%vs 2025

2025: £5.29M

Employees

1302026
-4vs 2025

2025: 134

In 2026, R.D.M. ELECTRICAL SERVICES LIMITED reported net assets of £1.07M. The same filing shows total assets of £7.08M, cash in bank of £2.17M and total liabilities of £6.00M. Reported headcount was 130 in 2026. Cash in Bank rose from £899.91K in 2025 to £2.17M in 2026 (140.77%). 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

£1.07M2026
39.33%from £769.49K 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 R.D.M. ELECTRICAL SERVICES LIMITED filed moved across the three reported years 2024, 2025 and 2026 — measured end to end rather than year on year.

Net Assets

£2.34M2024£1.07M2026
-54.1%vs 2024

-32.2% a year compound (CAGR)

Cash in Bank

£490.13K2024£2.17M2026
+342%vs 2024

+110% a year compound (CAGR)

Total Assets

£7.37M2024£7.08M2026
-4%vs 2024

-2% a year compound (CAGR)

Total Liabilities

£5.04M2024£6.00M2026
+19.2%vs 2024

+9.2% a year compound (CAGR)

Employees

19520241302026
-33.3%vs 2024-65

Biggest increase

Cash in Bank+342%

£490.13K in 2024 to £2.17M in 2026

Biggest decrease

Net Assets-54.1%

£2.34M in 2024 to £1.07M in 2026

R.D.M. ELECTRICAL SERVICES LIMITED's filings pull in both directions between 2024 and 2026. The steepest rise came in cash in bank, pointing to a more liquid cash position, 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 R.D.M. ELECTRICAL SERVICES 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
15.15%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
84.85%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
36.08%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
30.62%2026
Reported cash in bank divided by reported total assets, for the latest year both were filed.
Revenue per employee
£87.87K2026
Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for R.D.M. ELECTRICAL SERVICES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20222023202420252026
Net Assets£2.05M2.54M2.34M769.49K1.07M
Total Assets£4.55M5.00M7.37M6.06M7.08M
Cash in Bank£419.93K8.21K490.13K899.91K2.17M
Total Liabilities£2.49M2.46M5.04M5.29M6.00M
Employees117157195134130

R.D.M. ELECTRICAL SERVICES LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for R.D.M. ELECTRICAL SERVICES LIMITED covering 2022–2026, across 5 reported indicators. The most recent reported year is 2026.

R.D.M. ELECTRICAL SERVICES LIMITED reported net assets of £1.07M for 2026. That compares with £769.49K in 2025, a change of 39.33%.

R.D.M. ELECTRICAL SERVICES LIMITED reported total assets of £7.08M for 2026. That compares with £6.06M in 2025, a change of 16.80%.

R.D.M. ELECTRICAL SERVICES LIMITED reported cash in bank of £2.17M for 2026. That compares with £899.91K in 2025, a change of 140.77%.

R.D.M. ELECTRICAL SERVICES LIMITED reported 130 employees in 2026, compared with 134 in 2025.

Between 2024 and 2026, R.D.M. ELECTRICAL SERVICES LIMITED's net assets fell by 54.1%, cash in bank rose by 342%, total assets fell by 4% and total liabilities rose by 19.2%. Net assets contracted at 32.2% a year across the two years to 2026, from £2.34M to £1.07M. Reported headcount went from 195 in 2024 to 130 in 2026 (-65).

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.