BJ MCGRATH MECHANICAL LTD Financials
- Company number
- NI661836CopyCopy
- Registered office
- 34 Garvagh Road, Dungannon, County Tyrone BT70 3LS
- Incorporated
- 30/05/2019
Company snapshot
- Status
- Active
- Employees
- 8 (2024)
- Latest financial data
- 2024
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
20.09%vs 20232023: £1.30M
Total Assets
14.32%vs 20232023: £2.45M
Cash in Bank
5.29%vs 20232023: £1.54M
Total Liabilities
7.49%vs 20232023: £1.07M
Employees
+1vs 20232023: 7
In 2024, BJ MCGRATH MECHANICAL LTD reported net assets of £1.56M. The same filing shows total assets of £2.81M, cash in bank of £1.62M and total liabilities of £1.15M. Reported headcount was 8 in 2024. Total Assets rose from £2.45M in 2023 to £2.81M in 2024 (14.32%). 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
20.09%from £1.30M 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 BJ MCGRATH MECHANICAL LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+54.8%vs 2022+24.4% a year compound (CAGR)
Cash in Bank
+31.2%vs 2022+14.5% a year compound (CAGR)
Total Assets
+31.8%vs 2022+14.8% a year compound (CAGR)
Total Liabilities
+9.6%vs 2022+4.7% a year compound (CAGR)
Employees
+14.3%vs 2022+1Biggest increase
Net Assets+54.8%
£1.01M in 2022 to £1.56M in 2024
Every indicator Okredo holds for BJ MCGRATH MECHANICAL LTD rose between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, with cash in bank, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from BJ MCGRATH MECHANICAL 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
- 55.69%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
- 41.05%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
- 140.45%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
- 57.66%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 BJ MCGRATH MECHANICAL 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£ | 436.84K | 1.01M | 1.30M | 1.56M |
| Total Assets£ | 1.63M | 2.13M | 2.45M | 2.81M |
| Cash in Bank£ | 621.65K | 1.23M | 1.54M | 1.62M |
| Total Liabilities£ | 1.12M | 1.05M | 1.07M | 1.15M |
| Employees | 8 | 7 | 7 | 8 |
BJ MCGRATH MECHANICAL LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for BJ MCGRATH MECHANICAL LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
BJ MCGRATH MECHANICAL LTD reported net assets of £1.56M for 2024. That compares with £1.30M in 2023, a change of 20.09%.
BJ MCGRATH MECHANICAL LTD reported total assets of £2.81M for 2024. That compares with £2.45M in 2023, a change of 14.32%.
BJ MCGRATH MECHANICAL LTD reported cash in bank of £1.62M for 2024. That compares with £1.54M in 2023, a change of 5.29%.
BJ MCGRATH MECHANICAL LTD reported 8 employees in 2024, compared with 7 in 2023.
Between 2022 and 2024, BJ MCGRATH MECHANICAL LTD's net assets rose by 54.8%, cash in bank rose by 31.2%, total assets rose by 31.8% and total liabilities rose by 9.6%. Net assets compounded at 24.4% a year across the two years to 2024, from £1.01M to £1.56M. Reported headcount went from 7 in 2022 to 8 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.