M & I MATERIALS LIMITED Financials
- Company number
- 02772838CopyCopy
- Registered office
- Unit 2 Centenary Park, Coronet Way, Salford M50 1RE
- Incorporated
- 11/12/1992
Company snapshot
- Status
- Active
- Employees
- 131 (2025)
- Latest financial data
- 2025
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2023–2025.
Net Assets
2.98%vs 20242024: £12.58M
Total Assets
17.49%vs 20242024: £18.87M
Cash in Bank
-7.64%vs 20242024: £5.36M
Total Liabilities
3.79%vs 20242024: £4.05M
Employees
-35vs 20242024: 166
In 2025, M & I MATERIALS LIMITED reported net assets of £12.95M. The same filing shows total assets of £22.17M, cash in bank of £4.95M and total liabilities of £4.21M. Reported headcount was 131 in 2025. Total Assets rose from £18.87M in 2024 to £22.17M in 2025 (17.49%). Okredo holds filed figures for 2023–2025; 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
2.98%from £12.58M in 2024Year-on-year change
Net Assets as filed for 2023–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures M & I MATERIALS LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-61%vs 2023-37.5% a year compound (CAGR)
Cash in Bank
-53.7%vs 2023-32% a year compound (CAGR)
Total Assets
-67.1%vs 2023-42.6% a year compound (CAGR)
Total Liabilities
-81.4%vs 2023-56.9% a year compound (CAGR)
Employees
-24.7%vs 2023-43Biggest decrease
Total Liabilities-81.4%
£22.62M in 2023 to £4.21M in 2025
Every indicator Okredo holds for M & I MATERIALS LIMITED fell between 2023 and 2025. The steepest fall came in total liabilities, pointing to lighter outstanding obligations, with net assets, cash in bank, total assets and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from M & I MATERIALS 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
- 58.44%2025
- 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
- 18.97%2025
- 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
- 117.60%2025
- 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
- 22.31%2025
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £131.32K2025
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for M & I MATERIALS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2023 | 2024 | 2025 |
|---|---|---|---|
| Net Assets£ | 33.19M | 12.58M | 12.95M |
| Total Assets£ | 67.34M | 18.87M | 22.17M |
| Cash in Bank£ | 10.69M | 5.36M | 4.95M |
| Total Liabilities£ | 22.62M | 4.05M | 4.21M |
| Employees | 174 | 166 | 131 |
M & I MATERIALS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for M & I MATERIALS LIMITED covering 2023–2025, across 5 reported indicators. The most recent reported year is 2025.
M & I MATERIALS LIMITED reported net assets of £12.95M for 2025. That compares with £12.58M in 2024, a change of 2.98%.
M & I MATERIALS LIMITED reported total assets of £22.17M for 2025. That compares with £18.87M in 2024, a change of 17.49%.
M & I MATERIALS LIMITED reported cash in bank of £4.95M for 2025. That compares with £5.36M in 2024, a change of -7.64%.
M & I MATERIALS LIMITED reported 131 employees in 2025, compared with 166 in 2024.
Between 2023 and 2025, M & I MATERIALS LIMITED's net assets fell by 61%, cash in bank fell by 53.7%, total assets fell by 67.1% and total liabilities fell by 81.4%. Net assets contracted at 37.5% a year across the two years to 2025, from £33.19M to £12.95M. Reported headcount went from 174 in 2023 to 131 in 2025 (-43).
Okredo holds reported figures for the years 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.