M.J. SECTIONS LIMITED Financials
- Company number
- 01451657CopyCopy
- Registered office
- Unit 5 Marriott Road Industrial, Estate,, Netherton, West Midlands DY2 0JZ
- Incorporated
- 02/10/1979
Company snapshot
- Status
- Active
- Employees
- 218 (2024)
- Latest financial data
- 2024
- Accounts type
- Medium
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-25.05%vs 20232023: £31.51M
Total Assets
-18.59%vs 20232023: £36.12M
Cash in Bank
-0.42%vs 20232023: £4.69M
Total Liabilities
25.61%vs 20232023: £4.61M
Employees
+29vs 20232023: 189
In 2024, M.J. SECTIONS LIMITED reported net assets of £23.62M. The same filing shows total assets of £29.41M, cash in bank of £4.67M and total liabilities of £5.79M. Reported headcount was 218 in 2024. Net Assets fell from £31.51M in 2023 to £23.62M in 2024 (-25.05%). 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
-25.05%from £31.51M 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. SECTIONS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-14.7%vs 2022-7.7% a year compound (CAGR)
Cash in Bank
-16.8%vs 2022-8.8% a year compound (CAGR)
Total Assets
-3.2%vs 2022-1.6% a year compound (CAGR)
Total Liabilities
+115%vs 2022+46.8% a year compound (CAGR)
Employees
+29.8%vs 2022+50Biggest increase
Total Liabilities+115%
£2.69M in 2022 to £5.79M in 2024
Biggest decrease
Cash in Bank-16.8%
£5.61M in 2022 to £4.67M in 2024
M.J. SECTIONS LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, 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.J. SECTIONS 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
- 80.30%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
- 19.70%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
- 80.61%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
- 15.88%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £128.86K2024
- 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.J. SECTIONS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 24.41M | 27.69M | 31.51M | 23.62M |
| Total Assets£ | 26.50M | 30.38M | 36.12M | 29.41M |
| Cash in Bank£ | 6.40M | 5.61M | 4.69M | 4.67M |
| Total Liabilities£ | 2.09M | 2.69M | 4.61M | 5.79M |
| Employees | 150 | 168 | 189 | 218 |
M.J. SECTIONS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for M.J. SECTIONS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
M.J. SECTIONS LIMITED reported net assets of £23.62M for 2024. That compares with £31.51M in 2023, a change of -25.05%.
M.J. SECTIONS LIMITED reported total assets of £29.41M for 2024. That compares with £36.12M in 2023, a change of -18.59%.
M.J. SECTIONS LIMITED reported cash in bank of £4.67M for 2024. That compares with £4.69M in 2023, a change of -0.42%.
M.J. SECTIONS LIMITED reported 218 employees in 2024, compared with 189 in 2023.
Between 2022 and 2024, M.J. SECTIONS LIMITED's net assets fell by 14.7%, cash in bank fell by 16.8%, total assets fell by 3.2% and total liabilities rose by 115%. Net assets contracted at 7.7% a year across the two years to 2024, from £27.69M to £23.62M. Reported headcount went from 168 in 2022 to 218 in 2024 (+50).
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.