S.E.C. ELECTRICAL LIMITED Financials
- Company number
- 00558175CopyCopy
- Registered office
- 48 St. James Mill Road, Northampton NN5 5JP
- Incorporated
- 03/12/1955
Company snapshot
- Status
- Active
- Employees
- 16 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
32.64%vs 20232023: £490.44K
Total Assets
12.50%vs 20232023: £1.05M
Cash in Bank
437.21%vs 20232023: £10.19K
Total Liabilities
-11.01%vs 20232023: £549.15K
Employees
+2vs 20232023: 14
In 2024, S.E.C. ELECTRICAL LIMITED reported net assets of £650.52K. The same filing shows total assets of £1.18M, cash in bank of £54.75K and total liabilities of £488.67K. Reported headcount was 16 in 2024. Net Assets rose from £490.44K in 2023 to £650.52K in 2024 (32.64%). 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
32.64%from £490.44K 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 S.E.C. ELECTRICAL LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+25%vs 2022+11.8% a year compound (CAGR)
Cash in Bank
-66.2%vs 2022-41.8% a year compound (CAGR)
Total Assets
-20.7%vs 2022-10.9% a year compound (CAGR)
Total Liabilities
-48.8%vs 2022-28.5% a year compound (CAGR)
Employees
-20%vs 2022-4Biggest increase
Net Assets+25%
£520.37K in 2022 to £650.52K in 2024
Biggest decrease
Cash in Bank-66.2%
£161.77K in 2022 to £54.75K in 2024
S.E.C. ELECTRICAL LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from S.E.C. 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
- 55.28%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
- 41.53%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
- 11.20%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
- 4.65%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 S.E.C. ELECTRICAL 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£ | 518.67K | 520.37K | 490.44K | 650.52K |
| Total Assets£ | 1.63M | 1.48M | 1.05M | 1.18M |
| Cash in Bank£ | 335.26K | 161.77K | 10.19K | 54.75K |
| Total Liabilities£ | 1.11M | 955.12K | 549.15K | 488.67K |
| Employees | 24 | 20 | 14 | 16 |
S.E.C. ELECTRICAL LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for S.E.C. ELECTRICAL LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
S.E.C. ELECTRICAL LIMITED reported net assets of £650.52K for 2024. That compares with £490.44K in 2023, a change of 32.64%.
S.E.C. ELECTRICAL LIMITED reported total assets of £1.18M for 2024. That compares with £1.05M in 2023, a change of 12.50%.
S.E.C. ELECTRICAL LIMITED reported cash in bank of £54.75K for 2024. That compares with £10.19K in 2023, a change of 437.21%.
S.E.C. ELECTRICAL LIMITED reported 16 employees in 2024, compared with 14 in 2023.
Between 2022 and 2024, S.E.C. ELECTRICAL LIMITED's net assets rose by 25%, cash in bank fell by 66.2%, total assets fell by 20.7% and total liabilities fell by 48.8%. Net assets compounded at 11.8% a year across the two years to 2024, from £520.37K to £650.52K. Reported headcount went from 20 in 2022 to 16 in 2024 (-4).
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.