M & L SHEET METAL LIMITED Financials
- Company number
- 03290355CopyCopy
- Registered office
- 15 Station Road, St. Ives, Cambridgeshire PE27 5BH
- Incorporated
- 11/12/1996
Company snapshot
- Status
- Active
- Employees
- 0 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-29.28%vs 20242024: £1.07M
Total Assets
-14.31%vs 20242024: £2.00M
Cash in Bank
-94.74%vs 20242024: £319.23K
Total Liabilities
2.85%vs 20242024: £931.80K
Employees
0vs 20242024: 0
In 2025, M & L SHEET METAL LIMITED reported net assets of £754.93K. The same filing shows total assets of £1.71M, cash in bank of £16.78K and total liabilities of £958.35K. Reported headcount was 0 in 2025. Net Assets fell from £1.07M in 2024 to £754.93K in 2025 (-29.28%). Okredo holds filed figures for 2021–2025; 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
-29.28%from £1.07M in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures M & L SHEET METAL LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-9.6%vs 2023-4.9% a year compound (CAGR)
Cash in Bank
-95.4%vs 2023-78.6% a year compound (CAGR)
Total Assets
+36.2%vs 2023+16.7% a year compound (CAGR)
Total Liabilities
+126%vs 2023+50.5% a year compound (CAGR)
Employees
-100%vs 2023-28Biggest increase
Total Liabilities+126%
£423.21K in 2023 to £958.35K in 2025
Biggest decrease
Employees-100%
28 in 2023 to 0 in 2025
M & L SHEET METAL LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from M & L SHEET METAL 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
- 44.06%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
- 55.94%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
- 1.75%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
- 0.98%2025
- 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 M & L SHEET METAL LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 947.82K | 853.60K | 834.75K | 1.07M | 754.93K |
| Total Assets£ | 1.75M | 1.53M | 1.26M | 2.00M | 1.71M |
| Cash in Bank£ | 748.33K | 359.55K | 364.77K | 319.23K | 16.78K |
| Total Liabilities£ | 804.47K | 674.12K | 423.21K | 931.80K | 958.35K |
| Employees | 40 | 40 | 28 | 0 | 0 |
M & L SHEET METAL LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for M & L SHEET METAL LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
M & L SHEET METAL LIMITED reported net assets of £754.93K for 2025. That compares with £1.07M in 2024, a change of -29.28%.
M & L SHEET METAL LIMITED reported total assets of £1.71M for 2025. That compares with £2.00M in 2024, a change of -14.31%.
M & L SHEET METAL LIMITED reported cash in bank of £16.78K for 2025. That compares with £319.23K in 2024, a change of -94.74%.
M & L SHEET METAL LIMITED reported 0 employees in 2025, compared with 0 in 2024.
Between 2023 and 2025, M & L SHEET METAL LIMITED's net assets fell by 9.6%, cash in bank fell by 95.4%, total assets rose by 36.2% and total liabilities rose by 126%. Net assets contracted at 4.9% a year across the two years to 2025, from £834.75K to £754.93K. Reported headcount went from 28 in 2023 to 0 in 2025 (-28).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.