TH ELECTRICAL LIMITED Financials
- Company number
- 03612124CopyCopy
- Registered office
- 4 Chancers Farm Fossetts Lane, Fordham, Colchester, Essex CO6 3NY
- Incorporated
- 07/08/1998
Company snapshot
- Status
- Active
- Employees
- 23 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
184.87%vs 20232023: £95.51K
Total Assets
1.66%vs 20232023: £1.42M
Cash in Bank
-24.73%vs 20232023: £664.22K
Total Liabilities
-17.01%vs 20232023: £1.10M
Employees
+2vs 20232023: 21
In 2024, TH ELECTRICAL LIMITED reported net assets of £272.08K. The same filing shows total assets of £1.45M, cash in bank of £499.98K and total liabilities of £914.91K. Reported headcount was 23 in 2024. Total Liabilities fell from £1.10M in 2023 to £914.91K in 2024 (-17.01%). 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
184.87%from £95.51K 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 TH ELECTRICAL LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+191%vs 2022+70.5% a year compound (CAGR)
Cash in Bank
+1994%vs 2022+358% a year compound (CAGR)
Total Assets
+145%vs 2022+56.5% a year compound (CAGR)
Total Liabilities
+112%vs 2022+45.7% a year compound (CAGR)
Employees
+27.8%vs 2022+5Biggest increase
Cash in Bank+1994%
£23.87K in 2022 to £499.98K in 2024
Every indicator Okredo holds for TH ELECTRICAL LIMITED rose between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from TH ELECTRICAL 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
- 18.83%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
- 63.30%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
- 54.65%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
- 34.59%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 TH ELECTRICAL 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£ | 79.21K | 93.56K | 95.51K | 272.08K |
| Total Assets£ | 479.86K | 590.19K | 1.42M | 1.45M |
| Cash in Bank£ | 49.65K | 23.87K | 664.22K | 499.98K |
| Total Liabilities£ | 345.64K | 431.23K | 1.10M | 914.91K |
| Employees | 16 | 18 | 21 | 23 |
TH ELECTRICAL LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for TH ELECTRICAL LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
TH ELECTRICAL LIMITED reported net assets of £272.08K for 2024. That compares with £95.51K in 2023, a change of 184.87%.
TH ELECTRICAL LIMITED reported total assets of £1.45M for 2024. That compares with £1.42M in 2023, a change of 1.66%.
TH ELECTRICAL LIMITED reported cash in bank of £499.98K for 2024. That compares with £664.22K in 2023, a change of -24.73%.
TH ELECTRICAL LIMITED reported 23 employees in 2024, compared with 21 in 2023.
Between 2022 and 2024, TH ELECTRICAL LIMITED's net assets rose by 191%, cash in bank rose by 1994%, total assets rose by 145% and total liabilities rose by 112%. Net assets compounded at 70.5% a year across the two years to 2024, from £93.56K to £272.08K. Reported headcount went from 18 in 2022 to 23 in 2024 (+5).
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.