Active

THORNHILL ELECTRICAL LIMITED Financials

Company number
04945770Copy
Copy
Registered office
68 Thornhill Avenue, Lindley, Huddersfield, West Yorkshire HD3 3DG
Incorporated
28/10/2003

Company snapshot

Status
Active
Employees
5 (2024)
Latest financial data
2024
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£69.21K2024
28.69%vs 2023

2023: £53.78K

Total Assets

£88.93K2024
38.56%vs 2023

2023: £64.18K

Total Liabilities

£19.73K2024
89.60%vs 2023

2023: £10.41K

Employees

52024
+1vs 2023

2023: 4

In 2024, THORNHILL ELECTRICAL LIMITED reported net assets of £69.21K. The same filing shows total assets of £88.93K and total liabilities of £19.73K. Reported headcount was 5 in 2024. Total Assets rose from £64.18K in 2023 to £88.93K in 2024 (38.56%). 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

£69.21K2024
28.69%from £53.78K in 2023

Year-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 THORNHILL ELECTRICAL LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£36.27K2022£69.21K2024
+90.8%vs 2022

+38.1% a year compound (CAGR)

Total Assets

£47.98K2022£88.93K2024
+85.4%vs 2022

+36.1% a year compound (CAGR)

Total Liabilities

£11.71K2022£19.73K2024
+68.4%vs 2022

+29.8% a year compound (CAGR)

Employees

3202252024
+66.7%vs 2022+2

Biggest increase

Net Assets+90.8%

£36.27K in 2022 to £69.21K in 2024

Every indicator Okredo holds for THORNHILL ELECTRICAL LIMITED rose between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, with total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from THORNHILL 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
77.82%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
22.18%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.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for THORNHILL ELECTRICAL LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£12.82K36.27K53.78K69.21K
Total Assets£34.72K47.98K64.18K88.93K
Cash in Bank£––––
Total Liabilities£21.90K11.71K10.41K19.73K
Employees3345

THORNHILL ELECTRICAL LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for THORNHILL ELECTRICAL LIMITED covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.

THORNHILL ELECTRICAL LIMITED reported net assets of £69.21K for 2024. That compares with £53.78K in 2023, a change of 28.69%.

THORNHILL ELECTRICAL LIMITED reported total assets of £88.93K for 2024. That compares with £64.18K in 2023, a change of 38.56%.

THORNHILL ELECTRICAL LIMITED reported total liabilities of £19.73K for 2024. That compares with £10.41K in 2023, a change of 89.60%.

THORNHILL ELECTRICAL LIMITED reported 5 employees in 2024, compared with 4 in 2023.

Between 2022 and 2024, THORNHILL ELECTRICAL LIMITED's net assets rose by 90.8%, total assets rose by 85.4%, total liabilities rose by 68.4% and employee numbers rose by 66.7%. Net assets compounded at 38.1% a year across the two years to 2024, from £36.27K to £69.21K. Reported headcount went from 3 in 2022 to 5 in 2024 (+2).

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.