TME ELECTRICAL CONTRACTING LTD Financials
- Company number
- 04612725CopyCopy
- Registered office
- Unit 42 Glan Yr Afon Industrial Estate, Llanbadarn Fawr, Aberystwyth, Ceredigion SY23 3JQ
- Incorporated
- 09/12/2002
Company snapshot
- Status
- Active
- Employees
- 4 (2024)
- Latest financial data
- 2024
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
1.45%vs 20232023: £266.50K
Total Assets
-1.60%vs 20232023: £822.50K
Cash in Bank
43.69%vs 20232023: £25.93K
Total Liabilities
-9.90%vs 20232023: £335.09K
Employees
0vs 20232023: 4
In 2024, TME ELECTRICAL CONTRACTING LTD reported net assets of £270.36K. The same filing shows total assets of £809.34K, cash in bank of £37.25K and total liabilities of £301.93K. Reported headcount was 4 in 2024. Total Liabilities fell from £335.09K in 2023 to £301.93K in 2024 (-9.90%). 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
1.45%from £266.50K 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 TME ELECTRICAL CONTRACTING LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+18%vs 2022+8.6% a year compound (CAGR)
Cash in Bank
-27.3%vs 2022-14.7% a year compound (CAGR)
Total Assets
+18.3%vs 2022+8.8% a year compound (CAGR)
Total Liabilities
-2.7%vs 2022-1.4% a year compound (CAGR)
Employees
-20%vs 2022-1Biggest increase
Total Assets+18.3%
£684.13K in 2022 to £809.34K in 2024
Biggest decrease
Cash in Bank-27.3%
£51.21K in 2022 to £37.25K in 2024
TME ELECTRICAL CONTRACTING LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in total assets, pointing to a broader asset base, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from TME ELECTRICAL CONTRACTING LTD'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
- 33.40%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
- 37.31%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
- 12.34%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
- 4.60%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 TME ELECTRICAL CONTRACTING LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 230.55K | 229.12K | 266.50K | 270.36K |
| Total Assets£ | 700.71K | 684.13K | 822.50K | 809.34K |
| Cash in Bank£ | 63.32K | 51.21K | 25.93K | 37.25K |
| Total Liabilities£ | 269.51K | 310.43K | 335.09K | 301.93K |
| Employees | 6 | 5 | 4 | 4 |
TME ELECTRICAL CONTRACTING LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for TME ELECTRICAL CONTRACTING LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
TME ELECTRICAL CONTRACTING LTD reported net assets of £270.36K for 2024. That compares with £266.50K in 2023, a change of 1.45%.
TME ELECTRICAL CONTRACTING LTD reported total assets of £809.34K for 2024. That compares with £822.50K in 2023, a change of -1.60%.
TME ELECTRICAL CONTRACTING LTD reported cash in bank of £37.25K for 2024. That compares with £25.93K in 2023, a change of 43.69%.
TME ELECTRICAL CONTRACTING LTD reported 4 employees in 2024, compared with 4 in 2023.
Between 2022 and 2024, TME ELECTRICAL CONTRACTING LTD's net assets rose by 18%, cash in bank fell by 27.3%, total assets rose by 18.3% and total liabilities fell by 2.7%. Net assets compounded at 8.6% a year across the two years to 2024, from £229.12K to £270.36K. Reported headcount went from 5 in 2022 to 4 in 2024 (-1).
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.