M J CLOSE & SON LTD Financials
- Company number
- 06748359CopyCopy
- Registered office
- Lowfield Farm, Bowes, Barnard Castle, Co Durham DL12 9JR
- Incorporated
- 13/11/2008
Company snapshot
- Status
- Active
- Employees
- 8 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
40.16%vs 20232023: £135.06K
Total Assets
5.54%vs 20232023: £1.30M
Cash in Bank
138.65%vs 20232023: £40.65K
Total Liabilities
-5.66%vs 20232023: £689.57K
Employees
0vs 20232023: 8
In 2024, M J CLOSE & SON LTD reported net assets of £189.30K. The same filing shows total assets of £1.37M, cash in bank of £97.01K and total liabilities of £650.55K. Reported headcount was 8 in 2024. Total Assets rose from £1.30M in 2023 to £1.37M in 2024 (5.54%). 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
40.16%from £135.06K in 2023Year-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 J CLOSE & SON LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+74.7%vs 2022+32.2% a year compound (CAGR)
Cash in Bank
+46.5%vs 2022+21% a year compound (CAGR)
Total Assets
+32.4%vs 2022+15% a year compound (CAGR)
Total Liabilities
+23%vs 2022+10.9% a year compound (CAGR)
Employees
-11.1%vs 2022-1Biggest increase
Net Assets+74.7%
£108.38K in 2022 to £189.30K in 2024
Biggest decrease
Employees-11.1%
9 in 2022 to 8 in 2024
M J CLOSE & SON 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 employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from M J CLOSE & SON 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
- 13.83%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
- 47.53%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
- 14.91%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
- 7.09%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 J CLOSE & SON LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 121.46K | 108.38K | 135.06K | 189.30K |
| Total Assets£ | 850.35K | 1.03M | 1.30M | 1.37M |
| Cash in Bank£ | 103.90K | 66.23K | 40.65K | 97.01K |
| Total Liabilities£ | 450.12K | 528.76K | 689.57K | 650.55K |
| Employees | 10 | 9 | 8 | 8 |
M J CLOSE & SON LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for M J CLOSE & SON LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
M J CLOSE & SON LTD reported net assets of £189.30K for 2024. That compares with £135.06K in 2023, a change of 40.16%.
M J CLOSE & SON LTD reported total assets of £1.37M for 2024. That compares with £1.30M in 2023, a change of 5.54%.
M J CLOSE & SON LTD reported cash in bank of £97.01K for 2024. That compares with £40.65K in 2023, a change of 138.65%.
M J CLOSE & SON LTD reported 8 employees in 2024, compared with 8 in 2023.
Between 2022 and 2024, M J CLOSE & SON LTD's net assets rose by 74.7%, cash in bank rose by 46.5%, total assets rose by 32.4% and total liabilities rose by 23%. Net assets compounded at 32.2% a year across the two years to 2024, from £108.38K to £189.30K. Reported headcount went from 9 in 2022 to 8 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.