WESSEX ELECTRICALS (SHAFTESBURY) LIMITED Financials
- Company number
- 01053323CopyCopy
- Registered office
- Wessex Hse,, Wincombe Lane,, Shaftesbury,, Dorset SP7 8PJ
- Incorporated
- 05/05/1972
Company snapshot
- Status
- Active
- Employees
- 116 (2024)
- Latest financial data
- 2024
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-3.94%vs 20232023: £2.91M
Total Assets
1.50%vs 20232023: £7.09M
Cash in Bank
-26.87%vs 20232023: £2.93M
Total Liabilities
-2.22%vs 20232023: £3.63M
Employees
+9vs 20232023: 107
In 2024, WESSEX ELECTRICALS (SHAFTESBURY) LIMITED reported net assets of £2.80M. The same filing shows total assets of £7.20M, cash in bank of £2.14M and total liabilities of £3.55M. Reported headcount was 116 in 2024. Cash in Bank fell from £2.93M in 2023 to £2.14M in 2024 (-26.87%). 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
-3.94%from £2.91M 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 WESSEX ELECTRICALS (SHAFTESBURY) LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-1.7%vs 2022-0.8% a year compound (CAGR)
Cash in Bank
+102%vs 2022+42.1% a year compound (CAGR)
Total Assets
+35.7%vs 2022+16.5% a year compound (CAGR)
Total Liabilities
+89%vs 2022+37.5% a year compound (CAGR)
Employees
+17.2%vs 2022+17Biggest increase
Cash in Bank+102%
£1.06M in 2022 to £2.14M in 2024
Biggest decrease
Net Assets-1.7%
£2.85M in 2022 to £2.80M in 2024
WESSEX ELECTRICALS (SHAFTESBURY) LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from WESSEX ELECTRICALS (SHAFTESBURY) 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
- 38.88%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
- 49.35%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
- 60.32%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
- 29.77%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 WESSEX ELECTRICALS (SHAFTESBURY) 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£ | 2.56M | 2.85M | 2.91M | 2.80M |
| Total Assets£ | 4.82M | 5.30M | 7.09M | 7.20M |
| Cash in Bank£ | 1.66M | 1.06M | 2.93M | 2.14M |
| Total Liabilities£ | 1.82M | 1.88M | 3.63M | 3.55M |
| Employees | 96 | 99 | 107 | 116 |
WESSEX ELECTRICALS (SHAFTESBURY) LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for WESSEX ELECTRICALS (SHAFTESBURY) LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
WESSEX ELECTRICALS (SHAFTESBURY) LIMITED reported net assets of £2.80M for 2024. That compares with £2.91M in 2023, a change of -3.94%.
WESSEX ELECTRICALS (SHAFTESBURY) LIMITED reported total assets of £7.20M for 2024. That compares with £7.09M in 2023, a change of 1.50%.
WESSEX ELECTRICALS (SHAFTESBURY) LIMITED reported cash in bank of £2.14M for 2024. That compares with £2.93M in 2023, a change of -26.87%.
WESSEX ELECTRICALS (SHAFTESBURY) LIMITED reported 116 employees in 2024, compared with 107 in 2023.
Between 2022 and 2024, WESSEX ELECTRICALS (SHAFTESBURY) LIMITED's net assets fell by 1.7%, cash in bank rose by 102%, total assets rose by 35.7% and total liabilities rose by 89%. Net assets contracted at 0.8% a year across the two years to 2024, from £2.85M to £2.80M. Reported headcount went from 99 in 2022 to 116 in 2024 (+17).
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.