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HATCHARD MEDICAL LTD Financials

Company number
02879169Copy
Copy
Registered office
Moorcrofts 52a Gorsey Lane, Mawdesley, Ormskirk, Lancashire L40 3TF
Incorporated
09/12/1993

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

£162.74K2023
-17.76%vs 2022

2022: £197.89K

Total Assets

£196.59K2023
-6.47%vs 2022

2022: £210.19K

Total Liabilities

£33.85K2023
175.12%vs 2022

2022: £12.31K

Employees

32023
0vs 2022

2022: 3

In 2023, HATCHARD MEDICAL LTD reported net assets of £162.74K. The same filing shows total assets of £196.59K and total liabilities of £33.85K. Reported headcount was 3 in 2023. Net Assets fell from £197.89K in 2022 to £162.74K in 2023 (-17.76%). 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

£162.74K2023
-17.76%from £197.89K in 2022

Year-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 HATCHARD MEDICAL LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.

Net Assets

£235.53K2021£162.74K2023
-30.9%vs 2021

-16.9% a year compound (CAGR)

Total Assets

£283.90K2021£196.59K2023
-30.8%vs 2021

-16.8% a year compound (CAGR)

Total Liabilities

£48.37K2021£33.85K2023
-30%vs 2021

-16.3% a year compound (CAGR)

Employees

3202132023
0%vs 2021

Biggest decrease

Net Assets-30.9%

£235.53K in 2021 to £162.74K in 2023

Every measure that changed in HATCHARD MEDICAL LTD's filings between 2021 and 2023 fell. The steepest fall came in net assets, pointing to a weakening balance sheet, with total assets and total liabilities falling alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from HATCHARD MEDICAL 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
82.78%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
17.22%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 HATCHARD MEDICAL LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202120222023
Net Assets£235.53K197.89K162.74K
Total Assets£283.90K210.19K196.59K
Cash in Bank£–––
Total Liabilities£48.37K12.31K33.85K
Employees333

HATCHARD MEDICAL LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for HATCHARD MEDICAL LTD covering 2021–2023, across 4 reported indicators. The most recent reported year is 2023.

HATCHARD MEDICAL LTD reported net assets of £162.74K for 2023. That compares with £197.89K in 2022, a change of -17.76%.

HATCHARD MEDICAL LTD reported total assets of £196.59K for 2023. That compares with £210.19K in 2022, a change of -6.47%.

HATCHARD MEDICAL LTD reported total liabilities of £33.85K for 2023. That compares with £12.31K in 2022, a change of 175.12%.

HATCHARD MEDICAL LTD reported 3 employees in 2023, compared with 3 in 2022.

Between 2021 and 2023, HATCHARD MEDICAL LTD's net assets fell by 30.9%, total assets fell by 30.8%, total liabilities fell by 30% and employee numbers was unchanged. Net assets contracted at 16.9% a year across the two years to 2023, from £235.53K to £162.74K. 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.