SKN ELECTRICAL SERVICES LIMITED Financials
- Company number
- 05950064CopyCopy
- Registered office
- 212a Red Bank Road, Bispham, Blackpool, Lancashire FY2 0HJ
- Incorporated
- 28/09/2006
Company snapshot
- Status
- Active
- Employees
- 95 (2025)
- Latest financial data
- 2025
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
4.27%vs 20242024: £8.43M
Total Assets
11.89%vs 20242024: £10.87M
Cash in Bank
17.96%vs 20242024: £414.20K
Total Liabilities
50.71%vs 20242024: £1.79M
Employees
+5vs 20242024: 90
In 2025, SKN ELECTRICAL SERVICES LIMITED reported net assets of £8.79M. The same filing shows total assets of £12.17M, cash in bank of £488.58K and total liabilities of £2.69M. Reported headcount was 95 in 2025. Total Assets rose from £10.87M in 2024 to £12.17M in 2025 (11.89%). Okredo holds filed figures for 2021–2025; 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
4.27%from £8.43M in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures SKN ELECTRICAL SERVICES LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+8%vs 2023+3.9% a year compound (CAGR)
Cash in Bank
-41.3%vs 2023-23.4% a year compound (CAGR)
Total Assets
+11.9%vs 2023+5.8% a year compound (CAGR)
Total Liabilities
+28.4%vs 2023+13.3% a year compound (CAGR)
Employees
+25%vs 2023+19Biggest increase
Total Liabilities+28.4%
£2.10M in 2023 to £2.69M in 2025
Biggest decrease
Cash in Bank-41.3%
£833.04K in 2023 to £488.58K in 2025
SKN ELECTRICAL SERVICES LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, 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 SKN 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
- 72.26%2025
- 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
- 22.13%2025
- 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
- 18.15%2025
- 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
- 4.02%2025
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £242.93K2025
- 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 SKN ELECTRICAL SERVICES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 7.00M | 7.60M | 8.14M | 8.43M | 8.79M |
| Total Assets£ | 9.71M | 11.15M | 10.87M | 10.87M | 12.17M |
| Cash in Bank£ | 1.37M | 1.07M | 833.04K | 414.20K | 488.58K |
| Total Liabilities£ | 1.44M | 2.36M | 2.10M | 1.79M | 2.69M |
| Employees | 74 | 74 | 76 | 90 | 95 |
SKN ELECTRICAL SERVICES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SKN ELECTRICAL SERVICES LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
SKN ELECTRICAL SERVICES LIMITED reported net assets of £8.79M for 2025. That compares with £8.43M in 2024, a change of 4.27%.
SKN ELECTRICAL SERVICES LIMITED reported total assets of £12.17M for 2025. That compares with £10.87M in 2024, a change of 11.89%.
SKN ELECTRICAL SERVICES LIMITED reported cash in bank of £488.58K for 2025. That compares with £414.20K in 2024, a change of 17.96%.
SKN ELECTRICAL SERVICES LIMITED reported 95 employees in 2025, compared with 90 in 2024.
Between 2023 and 2025, SKN ELECTRICAL SERVICES LIMITED's net assets rose by 8%, cash in bank fell by 41.3%, total assets rose by 11.9% and total liabilities rose by 28.4%. Net assets compounded at 3.9% a year across the two years to 2025, from £8.14M to £8.79M. Reported headcount went from 76 in 2023 to 95 in 2025 (+19).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.