RELEC ELECTRONICS LIMITED Financials
- Company number
- 01389153CopyCopy
- Registered office
- Animal House Justin Business Park, Sandford Lane, Wareham, Dorset BH20 4DY
- Incorporated
- 14/09/1978
Company snapshot
- Status
- Active
- Employees
- 17 (2024)
- Latest financial data
- 2024
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-58.55%vs 20232023: £5.67M
Total Assets
-53.79%vs 20232023: £6.70M
Cash in Bank
40.40%vs 20232023: £905.98K
Total Liabilities
-27.78%vs 20232023: £1.04M
Employees
0vs 20232023: 17
In 2024, RELEC ELECTRONICS LIMITED reported net assets of £2.35M. The same filing shows total assets of £3.10M, cash in bank of £1.27M and total liabilities of £749.29K. Reported headcount was 17 in 2024. Total Assets fell from £6.70M in 2023 to £3.10M in 2024 (-53.79%). 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
-58.55%from £5.67M in 2023Year-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 RELEC ELECTRONICS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-54.1%vs 2022-32.3% a year compound (CAGR)
Cash in Bank
+68.8%vs 2022+29.9% a year compound (CAGR)
Total Assets
-50.8%vs 2022-29.9% a year compound (CAGR)
Total Liabilities
-36.5%vs 2022-20.3% a year compound (CAGR)
Employees
+6.3%vs 2022+1Biggest increase
Cash in Bank+68.8%
£753.54K in 2022 to £1.27M in 2024
Biggest decrease
Net Assets-54.1%
£5.12M in 2022 to £2.35M in 2024
RELEC ELECTRONICS LIMITED's filings pull in both directions between 2022 and 2024. 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 RELEC ELECTRONICS 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
- 75.81%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
- 24.19%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
- 169.76%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
- 41.06%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 RELEC ELECTRONICS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 4.43M | 5.12M | 5.67M | 2.35M |
| Total Assets£ | 4.98M | 6.30M | 6.70M | 3.10M |
| Cash in Bank£ | 488.28K | 753.54K | 905.98K | 1.27M |
| Total Liabilities£ | 550.92K | 1.18M | 1.04M | 749.29K |
| Employees | 13 | 16 | 17 | 17 |
RELEC ELECTRONICS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for RELEC ELECTRONICS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
RELEC ELECTRONICS LIMITED reported net assets of £2.35M for 2024. That compares with £5.67M in 2023, a change of -58.55%.
RELEC ELECTRONICS LIMITED reported total assets of £3.10M for 2024. That compares with £6.70M in 2023, a change of -53.79%.
RELEC ELECTRONICS LIMITED reported cash in bank of £1.27M for 2024. That compares with £905.98K in 2023, a change of 40.40%.
RELEC ELECTRONICS LIMITED reported 17 employees in 2024, compared with 17 in 2023.
Between 2022 and 2024, RELEC ELECTRONICS LIMITED's net assets fell by 54.1%, cash in bank rose by 68.8%, total assets fell by 50.8% and total liabilities fell by 36.5%. Net assets contracted at 32.3% a year across the two years to 2024, from £5.12M to £2.35M. Reported headcount went from 16 in 2022 to 17 in 2024 (+1).
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.