M.D.F. DATABASE SOLUTIONS LTD Financials
- Company number
- 04123945CopyCopy
- Registered office
- Discovery Hub Discovery Park, Ramsgate Road, Sandwich CT13 9ND
- Incorporated
- 13/12/2000
Company snapshot
- Status
- Active
- Employees
- 8 (2024)
- Latest financial data
- 2024
- Accounts type
- Medium
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2024.
Net Assets
100.75%vs 20232023: £-145.87K
Total Assets
113.21%vs 20232023: £185.55K
Cash in Bank
349.61%vs 20232023: £19.63K
Total Liabilities
19.04%vs 20232023: £331.42K
Employees
-2vs 20232023: 10
In 2024, M.D.F. DATABASE SOLUTIONS LTD reported net assets of £1.10K. The same filing shows total assets of £395.62K, cash in bank of £88.26K and total liabilities of £394.52K. Reported headcount was 8 in 2024. Total Assets rose from £185.55K in 2023 to £395.62K in 2024 (113.21%). Okredo holds filed figures for 2022–2024; 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
100.75%from £-145.87K in 2023Year-on-year change
Net Assets as filed for 2022–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures M.D.F. DATABASE SOLUTIONS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-99.9%vs 2022-97.4% a year compound (CAGR)
Cash in Bank
+3.3%vs 2022+1.6% a year compound (CAGR)
Employees
-27.3%vs 2022-3Biggest increase
Cash in Bank+3.3%
£85.48K in 2022 to £88.26K in 2024
Biggest decrease
Net Assets-99.9%
£1.63M in 2022 to £1.10K in 2024
M.D.F. DATABASE SOLUTIONS LTD'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 net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from M.D.F. DATABASE SOLUTIONS 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
- 0.28%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
- 99.72%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
- 22.37%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
- 22.31%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £164.31K2024
- 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.D.F. DATABASE SOLUTIONS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 |
|---|---|---|---|
| Net Assets£ | 1.63M | -145.87K | 1.10K |
| Total Assets£ | – | 185.55K | 395.62K |
| Cash in Bank£ | 85.48K | 19.63K | 88.26K |
| Total Liabilities£ | – | 331.42K | 394.52K |
| Employees | 11 | 10 | 8 |
M.D.F. DATABASE SOLUTIONS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for M.D.F. DATABASE SOLUTIONS LTD covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.
M.D.F. DATABASE SOLUTIONS LTD reported net assets of £1.10K for 2024. That compares with £-145.87K in 2023, a change of 100.75%.
M.D.F. DATABASE SOLUTIONS LTD reported total assets of £395.62K for 2024. That compares with £185.55K in 2023, a change of 113.21%.
M.D.F. DATABASE SOLUTIONS LTD reported cash in bank of £88.26K for 2024. That compares with £19.63K in 2023, a change of 349.61%.
M.D.F. DATABASE SOLUTIONS LTD reported 8 employees in 2024, compared with 10 in 2023.
Between 2022 and 2024, M.D.F. DATABASE SOLUTIONS LTD's net assets fell by 99.9%, cash in bank rose by 3.3% and employee numbers fell by 27.3%. Net assets contracted at 97.4% a year across the two years to 2024, from £1.63M to £1.10K. Reported headcount went from 11 in 2022 to 8 in 2024 (-3).
Okredo holds reported figures for the years 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.