M E C GRAB SERVICES LIMITED Financials
- Company number
- 04158461CopyCopy
- Registered office
- The Conifers, Elton Way, Watford, Hertfordshire WD25 8HD
- Incorporated
- 12/02/2001
Company snapshot
- Status
- Active
- Employees
- 5 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
2024: £134.30K
Total Assets
2024: £916.87K
Cash in Bank
2024: £156.14K
Total Liabilities
2024: £782.57K
Employees
2024: 10
In 2025, M E C GRAB SERVICES LIMITED reported net assets of £-163.62K. The same filing shows total assets of £339.62K, cash in bank of £39.62K and total liabilities of £503.23K. Reported headcount was 5 in 2025. Total Assets fell from £916.87K in 2024 to £339.62K in 2025 (-62.96%). 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
Year-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 E C GRAB SERVICES LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
Cash in Bank
+69.6% a year compound (CAGR)
Total Assets
-52.2% a year compound (CAGR)
Total Liabilities
-43.9% a year compound (CAGR)
Employees
Biggest increase
Cash in Bank+187%
£13.78K in 2023 to £39.62K in 2025
Biggest decrease
Total Assets-77.2%
£1.49M in 2023 to £339.62K in 2025
M E C GRAB SERVICES LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in total assets, pointing to a narrowing asset base. See the full year-by-year figures.
Ratios from the filed figures
Calculated from M E C GRAB SERVICES 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
- -48.18%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
- 148.18%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
- 7.87%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
- 11.67%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 E C GRAB SERVICES 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£ | 111.39K | 95.90K | -110.21K | 134.30K | -163.62K |
| Total Assets£ | 1.48M | 1.70M | 1.49M | 916.87K | 339.62K |
| Cash in Bank£ | 35.28K | 45.34K | 13.78K | 156.14K | 39.62K |
| Total Liabilities£ | 1.37M | 1.61M | 1.60M | 782.57K | 503.23K |
| Employees | 20 | 10 | 10 | 10 | 5 |
M E C GRAB SERVICES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for M E C GRAB SERVICES LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
M E C GRAB SERVICES LIMITED reported net assets of £-163.62K for 2025. That compares with £134.30K in 2024, a change of -221.83%.
M E C GRAB SERVICES LIMITED reported total assets of £339.62K for 2025. That compares with £916.87K in 2024, a change of -62.96%.
M E C GRAB SERVICES LIMITED reported cash in bank of £39.62K for 2025. That compares with £156.14K in 2024, a change of -74.63%.
M E C GRAB SERVICES LIMITED reported 5 employees in 2025, compared with 10 in 2024.
Between 2023 and 2025, M E C GRAB SERVICES LIMITED's cash in bank rose by 187%, total assets fell by 77.2%, total liabilities fell by 68.5% and employee numbers fell by 50%. Cash in bank compounded at 69.6% a year across the two years to 2025, from £13.78K to £39.62K. Reported headcount went from 10 in 2023 to 5 in 2025 (-5).
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.