WATT ELECTRIC VEHICLE COMPANY LIMITED Financials
- Company number
- 12294861CopyCopy
- Registered office
- 1c St. Columb Industrial Estate, St. Columb, Cornwall TR9 6SF
- Incorporated
- 04/11/2019
Company snapshot
- Status
- Active
- Employees
- 15 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-9.09%vs 20242024: £-2.45M
Total Assets
394.11%vs 20242024: £106.99K
Cash in Bank
244.55%vs 20242024: £3.77K
Total Liabilities
24.00%vs 20242024: £2.53M
Employees
-9vs 20242024: 24
In 2025, WATT ELECTRIC VEHICLE COMPANY LIMITED reported net assets of £-2.68M. The same filing shows total assets of £528.67K, cash in bank of £12.99K and total liabilities of £3.14M. Reported headcount was 15 in 2025. Total Liabilities rose from £2.53M in 2024 to £3.14M in 2025 (24.00%). Okredo holds filed figures for 2021–2025; 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
-9.09%from £-2.45M in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures WATT ELECTRIC VEHICLE COMPANY LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2023Cash in Bank
+142%vs 2023+55.6% a year compound (CAGR)
Total Assets
+373%vs 2023+117% a year compound (CAGR)
Total Liabilities
+188%vs 2023+69.7% a year compound (CAGR)
Employees
-11.8%vs 2023-2Biggest increase
Total Assets+373%
£111.87K in 2023 to £528.67K in 2025
Biggest decrease
Employees-11.8%
17 in 2023 to 15 in 2025
WATT ELECTRIC VEHICLE COMPANY LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in total assets, pointing to a broader asset base, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from WATT ELECTRIC VEHICLE COMPANY 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
- -506.18%2025
- 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
- 593.09%2025
- 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
- 0.41%2025
- 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
- 2.46%2025
- 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 WATT ELECTRIC VEHICLE COMPANY LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 57.25K | -153.23K | -976.67K | -2.45M | -2.68M |
| Total Assets£ | 132.25K | 58.56K | 111.87K | 106.99K | 528.67K |
| Cash in Bank£ | 74.79K | 1.71K | 5.37K | 3.77K | 12.99K |
| Total Liabilities£ | 75.00K | 211.79K | 1.09M | 2.53M | 3.14M |
| Employees | 0 | 1 | 17 | 24 | 15 |
WATT ELECTRIC VEHICLE COMPANY LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for WATT ELECTRIC VEHICLE COMPANY LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
WATT ELECTRIC VEHICLE COMPANY LIMITED reported net assets of £-2.68M for 2025. That compares with £-2.45M in 2024, a change of -9.09%.
WATT ELECTRIC VEHICLE COMPANY LIMITED reported total assets of £528.67K for 2025. That compares with £106.99K in 2024, a change of 394.11%.
WATT ELECTRIC VEHICLE COMPANY LIMITED reported cash in bank of £12.99K for 2025. That compares with £3.77K in 2024, a change of 244.55%.
WATT ELECTRIC VEHICLE COMPANY LIMITED reported 15 employees in 2025, compared with 24 in 2024.
Between 2023 and 2025, WATT ELECTRIC VEHICLE COMPANY LIMITED's cash in bank rose by 142%, total assets rose by 373%, total liabilities rose by 188% and employee numbers fell by 11.8%. Cash in bank compounded at 55.6% a year across the two years to 2025, from £5.37K to £12.99K. Reported headcount went from 17 in 2023 to 15 in 2025 (-2).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.