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M CRAFT DEVELOPMENTS LTD Financials

Company number
12125973Copy
Copy
Registered office
Progress Works Hall Lane, Broomfields, Bradford, West Yorks BD4 7DN
Incorporated
29/07/2019

Company snapshot

Status
Active
Employees
12 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£432.53K2024
644.14%vs 2023

2023: £58.13K

Total Assets

£1.05M2024
221.30%vs 2023

2023: £326.90K

Cash in Bank

£4.20K2024
-93.97%vs 2023

2023: £69.69K

Total Liabilities

£573.36K2024
160.12%vs 2023

2023: £220.42K

Employees

122024
-1vs 2023

2023: 13

In 2024, M CRAFT DEVELOPMENTS LTD reported net assets of £432.53K. The same filing shows total assets of £1.05M, cash in bank of £4.20K and total liabilities of £573.36K. Reported headcount was 12 in 2024. Total Assets rose from £326.90K in 2023 to £1.05M in 2024 (221.30%). 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

£432.53K2024
644.14%from £58.13K in 2023

Year-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 M CRAFT DEVELOPMENTS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£41.35K2022£432.53K2024
+946%vs 2022

+223% a year compound (CAGR)

Cash in Bank

£57.92K2022£4.20K2024
-92.8%vs 2022

-73.1% a year compound (CAGR)

Total Assets

£244.81K2022£1.05M2024
+329%vs 2022

+107% a year compound (CAGR)

Total Liabilities

£143.94K2022£573.36K2024
+298%vs 2022

+99.6% a year compound (CAGR)

Employees

132022122024
-7.7%vs 2022-1

Biggest increase

Net Assets+946%

£41.35K in 2022 to £432.53K in 2024

Biggest decrease

Cash in Bank-92.8%

£57.92K in 2022 to £4.20K in 2024

M CRAFT DEVELOPMENTS LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.

Ratios from the filed figures

Calculated from M CRAFT DEVELOPMENTS 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
41.18%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
54.59%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
0.73%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
0.40%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 M CRAFT DEVELOPMENTS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£103.75K41.35K58.13K432.53K
Total Assets£326.25K244.81K326.90K1.05M
Cash in Bank£65.08K57.92K69.69K4.20K
Total Liabilities£156.79K143.94K220.42K573.36K
Employees13131312

M CRAFT DEVELOPMENTS LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for M CRAFT DEVELOPMENTS LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

M CRAFT DEVELOPMENTS LTD reported net assets of £432.53K for 2024. That compares with £58.13K in 2023, a change of 644.14%.

M CRAFT DEVELOPMENTS LTD reported total assets of £1.05M for 2024. That compares with £326.90K in 2023, a change of 221.30%.

M CRAFT DEVELOPMENTS LTD reported cash in bank of £4.20K for 2024. That compares with £69.69K in 2023, a change of -93.97%.

M CRAFT DEVELOPMENTS LTD reported 12 employees in 2024, compared with 13 in 2023.

Between 2022 and 2024, M CRAFT DEVELOPMENTS LTD's net assets rose by 946%, cash in bank fell by 92.8%, total assets rose by 329% and total liabilities rose by 298%. Net assets compounded at 223% a year across the two years to 2024, from £41.35K to £432.53K. Reported headcount went from 13 in 2022 to 12 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.