M & K ELECTRICAL LTD Financials
- Company number
- NI605597CopyCopy
- Registered office
- 11 Drumlish Road, Dromore, Omagh BT78 3ER
- Incorporated
- 23/12/2010
Company snapshot
- Status
- Active
- Employees
- 12 (2023)
- Latest financial data
- 2023
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-29.18%vs 20222022: £428.18K
Employees
+1vs 20222022: 11
In 2023, M & K ELECTRICAL LTD reported net assets of £303.25K. Reported headcount was 12 in 2023. Net Assets fell from £428.18K in 2022 to £303.25K in 2023 (-29.18%). 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
-29.18%from £428.18K 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 M & K ELECTRICAL LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-25.6%vs 2021-13.7% a year compound (CAGR)
Employees
+20%vs 2021+2Biggest increase
Employees+20%
10 in 2021 to 12 in 2023
Biggest decrease
Net Assets-25.6%
£407.44K in 2021 to £303.25K in 2023
M & K ELECTRICAL LTD's filings pull in both directions between 2021 and 2023. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for M & K ELECTRICAL LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 407.44K | 428.18K | 303.25K |
| Total Assets£ | – | – | – |
| Cash in Bank£ | – | – | – |
| Total Liabilities£ | – | – | – |
| Employees | 10 | 11 | 12 |
M & K ELECTRICAL LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for M & K ELECTRICAL LTD covering 2021–2023, across 2 reported indicators. The most recent reported year is 2023.
M & K ELECTRICAL LTD reported net assets of £303.25K for 2023. That compares with £428.18K in 2022, a change of -29.18%.
M & K ELECTRICAL LTD reported 12 employees in 2023, compared with 11 in 2022.
Between 2021 and 2023, M & K ELECTRICAL LTD's net assets fell by 25.6% and employee numbers rose by 20%. Net assets contracted at 13.7% a year across the two years to 2023, from £407.44K to £303.25K. Reported headcount went from 10 in 2021 to 12 in 2023 (+2).
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.