SMB ELECTRICS LTD Financials
- Company number
- NI066378CopyCopy
- Registered office
- 8 Liggins Road, Glenhull, Omagh, Co Tyrone BT79 7SD
- Incorporated
- 21/09/2007
Company snapshot
- Status
- Active
- Employees
- 17 (2025)
- Latest financial data
- 2025
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
13.49%vs 20242024: £1.12M
Total Assets
-9.58%vs 20242024: £1.69M
Cash in Bank
15.79%vs 20242024: £893.62K
Total Liabilities
-55.24%vs 20242024: £565.62K
Employees
-2vs 20242024: 19
In 2025, SMB ELECTRICS LTD reported net assets of £1.27M. The same filing shows total assets of £1.52M, cash in bank of £1.03M and total liabilities of £253.20K. Reported headcount was 17 in 2025. Total Liabilities fell from £565.62K in 2024 to £253.20K in 2025 (-55.24%). 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
13.49%from £1.12M 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 SMB ELECTRICS LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+45.3%vs 2023+20.5% a year compound (CAGR)
Cash in Bank
+44.6%vs 2023+20.3% a year compound (CAGR)
Total Assets
+42.1%vs 2023+19.2% a year compound (CAGR)
Total Liabilities
+27.9%vs 2023+13.1% a year compound (CAGR)
Employees
+21.4%vs 2023+3Biggest increase
Net Assets+45.3%
£874.39K in 2023 to £1.27M in 2025
Every indicator Okredo holds for SMB ELECTRICS LTD rose between 2023 and 2025. The steepest rise came in net assets, pointing to a strengthening balance sheet, with cash in bank, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SMB ELECTRICS LTD'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
- 83.38%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
- 16.62%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
- 408.68%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
- 67.91%2025
- 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 SMB ELECTRICS LTD 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£ | 710.20K | 718.63K | 874.39K | 1.12M | 1.27M |
| Total Assets£ | 1.08M | 903.35K | 1.07M | 1.69M | 1.52M |
| Cash in Bank£ | 699.17K | 656.31K | 715.43K | 893.62K | 1.03M |
| Total Liabilities£ | 261.69K | 184.72K | 197.99K | 565.62K | 253.20K |
| Employees | 13 | 8 | 14 | 19 | 17 |
SMB ELECTRICS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SMB ELECTRICS LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
SMB ELECTRICS LTD reported net assets of £1.27M for 2025. That compares with £1.12M in 2024, a change of 13.49%.
SMB ELECTRICS LTD reported total assets of £1.52M for 2025. That compares with £1.69M in 2024, a change of -9.58%.
SMB ELECTRICS LTD reported cash in bank of £1.03M for 2025. That compares with £893.62K in 2024, a change of 15.79%.
SMB ELECTRICS LTD reported 17 employees in 2025, compared with 19 in 2024.
Between 2023 and 2025, SMB ELECTRICS LTD's net assets rose by 45.3%, cash in bank rose by 44.6%, total assets rose by 42.1% and total liabilities rose by 27.9%. Net assets compounded at 20.5% a year across the two years to 2025, from £874.39K to £1.27M. Reported headcount went from 14 in 2023 to 17 in 2025 (+3).
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.