SCS ELECTRICAL LIMITED Financials
- Company number
- SC294091Copy
Copy - Registered office
- 16 Davidson And Workman, 16 Royal Terrace, Glasgow G3 7NY
- Incorporated
- 05/12/2005
Company snapshot
- Status
- Active
- Employees
- 0 (2024)
- Latest financial data
- 2024
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-18.89%vs 20232023: £1.20M
Total Assets
-32.12%vs 20232023: £1.46M
Cash in Bank
-98.18%vs 20232023: £177.95K
Total Liabilities
-94.05%vs 20232023: £256.18K
Employees
-6vs 20232023: 6
In 2024, SCS ELECTRICAL LIMITED reported net assets of £972.81K. The same filing shows total assets of £988.06K, cash in bank of £3.25K and total liabilities of £15.25K. Reported headcount was 0 in 2024. Total Assets fell from £1.46M in 2023 to £988.06K in 2024 (-32.12%). 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
-18.89%from £1.20M 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 SCS ELECTRICAL LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-23.6%vs 2022-12.6% a year compound (CAGR)
Cash in Bank
-96.4%vs 2022-81% a year compound (CAGR)
Total Assets
-36.5%vs 2022-20.3% a year compound (CAGR)
Total Liabilities
-94.6%vs 2022-76.8% a year compound (CAGR)
Employees
-100%vs 2022-10Biggest decrease
Employees-100%
10 in 2022 to 0 in 2024
Every indicator Okredo holds for SCS ELECTRICAL LIMITED fell between 2022 and 2024. The steepest fall came in employee numbers, pointing to a smaller workforce, with net assets, cash in bank, total assets and total liabilities falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SCS 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
- 98.46%2024
- Liabilities to total assets
- 1.54%2024
- Cash to liabilities
- 21.28%2024
- Cash to total assets
- 0.33%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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 SCS 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£ | 1.22M | 1.27M | 1.20M | 972.81K |
| Total Assets£ | 1.53M | 1.56M | 1.46M | 988.06K |
| Cash in Bank£ | 197.61K | 89.46K | 177.95K | 3.25K |
| Total Liabilities£ | 305.79K | 283.84K | 256.18K | 15.25K |
| Employees | 10 | 10 | 6 | 0 |
SCS ELECTRICAL LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has SCS ELECTRICAL LIMITED filed financial statements?
Yes. Okredo holds filed figures for SCS ELECTRICAL LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did SCS ELECTRICAL LIMITED report in 2024?
SCS ELECTRICAL LIMITED reported net assets of £972.81K for 2024. That compares with £1.20M in 2023, a change of -18.89%.
What total assets did SCS ELECTRICAL LIMITED report in 2024?
SCS ELECTRICAL LIMITED reported total assets of £988.06K for 2024. That compares with £1.46M in 2023, a change of -32.12%.
What cash in bank did SCS ELECTRICAL LIMITED report in 2024?
SCS ELECTRICAL LIMITED reported cash in bank of £3.25K for 2024. That compares with £177.95K in 2023, a change of -98.18%.
How many people does SCS ELECTRICAL LIMITED employ?
SCS ELECTRICAL LIMITED reported 0 employees in 2024, compared with 6 in 2023.
How have SCS ELECTRICAL LIMITED financials changed over the last 3 years?
Between 2022 and 2024, SCS ELECTRICAL LIMITED's net assets fell by 23.6%, cash in bank fell by 96.4%, total assets fell by 36.5% and total liabilities fell by 94.6%. Net assets contracted at 12.6% a year across the two years to 2024, from £1.27M to £972.81K. Reported headcount went from 10 in 2022 to 0 in 2024 (-10).
Which years of SCS ELECTRICAL LIMITED financial data are available?
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.