SPRING ELECTRICAL LIMITED Financials
- Company number
- 00932856CopyCopy
- Registered office
- 10 Orange Street, London, WC2H 7DQ
- Incorporated
- 28/05/1968
Company snapshot
- Status
- Active
- Employees
- 21 (2023)
- Latest financial data
- 2023
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
58.77%vs 20222022: £1.08M
Cash in Bank
-90.42%vs 20222022: £22.63K
Employees
0vs 20222022: 21
In 2023, SPRING ELECTRICAL LIMITED reported net assets of £1.71M. The same filing shows cash in bank of £2.17K. Reported headcount was 21 in 2023. Net Assets rose from £1.08M in 2022 to £1.71M in 2023 (58.77%). Okredo holds filed figures for 2021–2023; 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
58.77%from £1.08M in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures SPRING ELECTRICAL LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+57.4%vs 2021+25.5% a year compound (CAGR)
Cash in Bank
-98%vs 2021-85.8% a year compound (CAGR)
Employees
+5%vs 2021+1Biggest increase
Net Assets+57.4%
£1.09M in 2021 to £1.71M in 2023
Biggest decrease
Cash in Bank-98%
£106.97K in 2021 to £2.17K in 2023
SPRING ELECTRICAL LIMITED's filings pull in both directions between 2021 and 2023. 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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for SPRING ELECTRICAL LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 1.09M | 1.08M | 1.71M |
| Total Assets£ | – | – | – |
| Cash in Bank£ | 106.97K | 22.63K | 2.17K |
| Total Liabilities£ | – | – | – |
| Employees | 20 | 21 | 21 |
SPRING ELECTRICAL LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SPRING ELECTRICAL LIMITED covering 2021–2023, across 3 reported indicators. The most recent reported year is 2023.
SPRING ELECTRICAL LIMITED reported net assets of £1.71M for 2023. That compares with £1.08M in 2022, a change of 58.77%.
SPRING ELECTRICAL LIMITED reported cash in bank of £2.17K for 2023. That compares with £22.63K in 2022, a change of -90.42%.
SPRING ELECTRICAL LIMITED reported 21 employees in 2023, compared with 21 in 2022.
Between 2021 and 2023, SPRING ELECTRICAL LIMITED's net assets rose by 57.4%, cash in bank fell by 98% and employee numbers rose by 5%. Net assets compounded at 25.5% a year across the two years to 2023, from £1.09M to £1.71M. Reported headcount went from 20 in 2021 to 21 in 2023 (+1).
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.