SPEEDY CABLES (LONDON) LIMITED Financials
- Company number
- 01200130CopyCopy
- Registered office
- C/O SPEEDY CABLES (LONDON) LTD, Ash Cottage, Oxwich, Swansea, Gower SA3 1LS
- Incorporated
- 13/02/1975
Company snapshot
- Status
- Active
- Employees
- 20 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
1.25%vs 20232023: £525.98K
Total Assets
0.24%vs 20232023: £634.01K
Cash in Bank
104.51%vs 20232023: £55.92K
Total Liabilities
-4.68%vs 20232023: £108.03K
Employees
0vs 20232023: 20
In 2024, SPEEDY CABLES (LONDON) LIMITED reported net assets of £532.58K. The same filing shows total assets of £635.55K, cash in bank of £114.35K and total liabilities of £102.97K. Reported headcount was 20 in 2024. Cash in Bank rose from £55.92K in 2023 to £114.35K in 2024 (104.51%). 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
1.25%from £525.98K 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 SPEEDY CABLES (LONDON) LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+6.6%vs 2022+3.2% a year compound (CAGR)
Cash in Bank
+6.5%vs 2022+3.2% a year compound (CAGR)
Total Assets
+2.7%vs 2022+1.3% a year compound (CAGR)
Total Liabilities
-13.6%vs 2022-7% a year compound (CAGR)
Employees
-13%vs 2022-3Biggest increase
Net Assets+6.6%
£499.73K in 2022 to £532.58K in 2024
Biggest decrease
Total Liabilities-13.6%
£119.14K in 2022 to £102.97K in 2024
SPEEDY CABLES (LONDON) 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 total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SPEEDY CABLES (LONDON) 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
- 83.80%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
- 16.20%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
- 111.05%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
- 17.99%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 SPEEDY CABLES (LONDON) 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£ | 589.22K | 499.73K | 525.98K | 532.58K |
| Total Assets£ | 720.57K | 618.87K | 634.01K | 635.55K |
| Cash in Bank£ | 317.46K | 107.38K | 55.92K | 114.35K |
| Total Liabilities£ | 131.35K | 119.14K | 108.03K | 102.97K |
| Employees | 24 | 23 | 20 | 20 |
SPEEDY CABLES (LONDON) LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SPEEDY CABLES (LONDON) LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
SPEEDY CABLES (LONDON) LIMITED reported net assets of £532.58K for 2024. That compares with £525.98K in 2023, a change of 1.25%.
SPEEDY CABLES (LONDON) LIMITED reported total assets of £635.55K for 2024. That compares with £634.01K in 2023, a change of 0.24%.
SPEEDY CABLES (LONDON) LIMITED reported cash in bank of £114.35K for 2024. That compares with £55.92K in 2023, a change of 104.51%.
SPEEDY CABLES (LONDON) LIMITED reported 20 employees in 2024, compared with 20 in 2023.
Between 2022 and 2024, SPEEDY CABLES (LONDON) LIMITED's net assets rose by 6.6%, cash in bank rose by 6.5%, total assets rose by 2.7% and total liabilities fell by 13.6%. Net assets compounded at 3.2% a year across the two years to 2024, from £499.73K to £532.58K. Reported headcount went from 23 in 2022 to 20 in 2024 (-3).
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.