J & M MICHAELS LIMITED Financials
- Company number
- 06589642CopyCopy
- Registered office
- Vyman House 3rd Floor 104 College Road, Harrow, Middlesex HA1 1BQ
- Incorporated
- 12/05/2008
Company snapshot
- Status
- Active
- Employees
- 28 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
19.64%vs 20232023: £2.73M
Total Assets
10.03%vs 20232023: £5.14M
Cash in Bank
39.74%vs 20232023: £1.01M
Total Liabilities
-4.71%vs 20232023: £857.32K
Employees
0vs 20232023: 28
In 2024, J & M MICHAELS LIMITED reported net assets of £3.27M. The same filing shows total assets of £5.65M, cash in bank of £1.41M and total liabilities of £816.92K. Reported headcount was 28 in 2024. Net Assets rose from £2.73M in 2023 to £3.27M in 2024 (19.64%). 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
19.64%from £2.73M 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 J & M MICHAELS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+40.8%vs 2022+18.6% a year compound (CAGR)
Cash in Bank
+60.2%vs 2022+26.6% a year compound (CAGR)
Total Assets
+13.1%vs 2022+6.4% a year compound (CAGR)
Total Liabilities
-26.5%vs 2022-14.3% a year compound (CAGR)
Employees
+3.7%vs 2022+1Biggest increase
Cash in Bank+60.2%
£882.38K in 2022 to £1.41M in 2024
Biggest decrease
Total Liabilities-26.5%
£1.11M in 2022 to £816.92K in 2024
J & M MICHAELS 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 total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from J & M MICHAELS 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
- 57.81%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
- 14.46%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
- 173.05%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
- 25.02%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 J & M MICHAELS 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£ | 1.52M | 2.32M | 2.73M | 3.27M |
| Total Assets£ | 2.65M | 4.99M | 5.14M | 5.65M |
| Cash in Bank£ | 544.45K | 882.38K | 1.01M | 1.41M |
| Total Liabilities£ | 506.84K | 1.11M | 857.32K | 816.92K |
| Employees | 24 | 27 | 28 | 28 |
J & M MICHAELS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for J & M MICHAELS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
J & M MICHAELS LIMITED reported net assets of £3.27M for 2024. That compares with £2.73M in 2023, a change of 19.64%.
J & M MICHAELS LIMITED reported total assets of £5.65M for 2024. That compares with £5.14M in 2023, a change of 10.03%.
J & M MICHAELS LIMITED reported cash in bank of £1.41M for 2024. That compares with £1.01M in 2023, a change of 39.74%.
J & M MICHAELS LIMITED reported 28 employees in 2024, compared with 28 in 2023.
Between 2022 and 2024, J & M MICHAELS LIMITED's net assets rose by 40.8%, cash in bank rose by 60.2%, total assets rose by 13.1% and total liabilities fell by 26.5%. Net assets compounded at 18.6% a year across the two years to 2024, from £2.32M to £3.27M. Reported headcount went from 27 in 2022 to 28 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.