TEXAS ELECTRONICS LIMITED Financials
- Company number
- 01943663Copy
Copy - Registered office
- Grange Lane, Lye, Stourbridge, West Midlands DY9 7HH
- Incorporated
- 02/09/1985
Company snapshot
- Status
- Active
- Employees
- 3 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
15.84%vs 20232023: £323.14K
Total Assets
6.26%vs 20232023: £538.46K
Cash in Bank
-7.83%vs 20232023: £250.12K
Total Liabilities
-17.94%vs 20232023: £90.31K
Employees
0vs 20232023: 3
In 2024, TEXAS ELECTRONICS LIMITED reported net assets of £374.34K. The same filing shows total assets of £572.16K, cash in bank of £230.54K and total liabilities of £74.11K. Reported headcount was 3 in 2024. Net Assets rose from £323.14K in 2023 to £374.34K in 2024 (15.84%). 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
15.84%from £323.14K 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 TEXAS ELECTRONICS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+18.8%vs 2022+9% a year compound (CAGR)
Cash in Bank
+12.2%vs 2022+5.9% a year compound (CAGR)
Total Assets
-1.7%vs 2022-0.9% a year compound (CAGR)
Total Liabilities
-47.3%vs 2022-27.4% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Net Assets+18.8%
£315.23K in 2022 to £374.34K in 2024
Biggest decrease
Total Liabilities-47.3%
£140.63K in 2022 to £74.11K in 2024
TEXAS ELECTRONICS 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 TEXAS ELECTRONICS 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
- 65.43%2024
- Liabilities to total assets
- 12.95%2024
- Cash to liabilities
- 311.10%2024
- Cash to total assets
- 40.29%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 TEXAS ELECTRONICS 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£ | 224.35K | 315.23K | 323.14K | 374.34K |
| Total Assets£ | 509.01K | 582.17K | 538.46K | 572.16K |
| Cash in Bank£ | 206.21K | 205.57K | 250.12K | 230.54K |
| Total Liabilities£ | 157.05K | 140.63K | 90.31K | 74.11K |
| Employees | 3 | 3 | 3 | 3 |
TEXAS ELECTRONICS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has TEXAS ELECTRONICS LIMITED filed financial statements?
Yes. Okredo holds filed figures for TEXAS ELECTRONICS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did TEXAS ELECTRONICS LIMITED report in 2024?
TEXAS ELECTRONICS LIMITED reported net assets of £374.34K for 2024. That compares with £323.14K in 2023, a change of 15.84%.
What total assets did TEXAS ELECTRONICS LIMITED report in 2024?
TEXAS ELECTRONICS LIMITED reported total assets of £572.16K for 2024. That compares with £538.46K in 2023, a change of 6.26%.
What cash in bank did TEXAS ELECTRONICS LIMITED report in 2024?
TEXAS ELECTRONICS LIMITED reported cash in bank of £230.54K for 2024. That compares with £250.12K in 2023, a change of -7.83%.
How many people does TEXAS ELECTRONICS LIMITED employ?
TEXAS ELECTRONICS LIMITED reported 3 employees in 2024, compared with 3 in 2023.
How have TEXAS ELECTRONICS LIMITED financials changed over the last 3 years?
Between 2022 and 2024, TEXAS ELECTRONICS LIMITED's net assets rose by 18.8%, cash in bank rose by 12.2%, total assets fell by 1.7% and total liabilities fell by 47.3%. Net assets compounded at 9% a year across the two years to 2024, from £315.23K to £374.34K. Reported headcount went from 3 in 2022 to 3 in 2024.
Which years of TEXAS ELECTRONICS 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.