WEST COUNTRY ELECTRICAL LIMITED Financials
- Company number
- 10630846CopyCopy
- Registered office
- Unit 14 Ash Court East Way, Lee Mill Industrial Estate, Ivybridge PL21 9GE
- Incorporated
- 21/02/2017
Company snapshot
- Status
- Active
- Employees
- 3 (2023)
- Latest financial data
- 2023
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
1.52K%vs 20222022: £6.11K
Total Assets
422.81%vs 20222022: £25.39K
Total Liabilities
75.52%vs 20222022: £19.28K
Employees
0vs 20222022: 3
In 2023, WEST COUNTRY ELECTRICAL LIMITED reported net assets of £98.90K. The same filing shows total assets of £132.73K and total liabilities of £33.83K. Reported headcount was 3 in 2023. Total Assets rose from £25.39K in 2022 to £132.73K in 2023 (422.81%). Okredo holds filed figures for 2021–2023; 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
1.52K%from £6.11K in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures WEST COUNTRY ELECTRICAL LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+328%vs 2021+107% a year compound (CAGR)
Total Assets
+301%vs 2021+100% a year compound (CAGR)
Total Liabilities
+239%vs 2021+84% a year compound (CAGR)
Employees
0%vs 2021Biggest increase
Net Assets+328%
£23.08K in 2021 to £98.90K in 2023
Every measure that changed in WEST COUNTRY ELECTRICAL LIMITED's filings between 2021 and 2023 rose. The steepest rise came in net assets, pointing to a strengthening balance sheet, with total assets and total liabilities climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from WEST COUNTRY 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
- 74.51%2023
- 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
- 25.49%2023
- 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 WEST COUNTRY ELECTRICAL LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 23.08K | 6.11K | 98.90K |
| Total Assets£ | 33.08K | 25.39K | 132.73K |
| Cash in Bank£ | – | – | – |
| Total Liabilities£ | 9.99K | 19.28K | 33.83K |
| Employees | 3 | 3 | 3 |
WEST COUNTRY ELECTRICAL LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for WEST COUNTRY ELECTRICAL LIMITED covering 2021–2023, across 4 reported indicators. The most recent reported year is 2023.
WEST COUNTRY ELECTRICAL LIMITED reported net assets of £98.90K for 2023. That compares with £6.11K in 2022, a change of 1.52K%.
WEST COUNTRY ELECTRICAL LIMITED reported total assets of £132.73K for 2023. That compares with £25.39K in 2022, a change of 422.81%.
WEST COUNTRY ELECTRICAL LIMITED reported total liabilities of £33.83K for 2023. That compares with £19.28K in 2022, a change of 75.52%.
WEST COUNTRY ELECTRICAL LIMITED reported 3 employees in 2023, compared with 3 in 2022.
Between 2021 and 2023, WEST COUNTRY ELECTRICAL LIMITED's net assets rose by 328%, total assets rose by 301%, total liabilities rose by 239% and employee numbers was unchanged. Net assets compounded at 107% a year across the two years to 2023, from £23.08K to £98.90K. Reported headcount went from 3 in 2021 to 3 in 2023.
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.