M K CONVERSIONS LIMITED Financials
- Company number
- 04503393CopyCopy
- Registered office
- Unit D Four Lane Ends Estate, Marthwaite, Sedbergh, Cumbria LA10 5ES
- Incorporated
- 05/08/2002
Company snapshot
- Status
- Active
- Employees
- 10 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
4.76%vs 20232023: £1.35M
Total Assets
-4.71%vs 20232023: £1.71M
Cash in Bank
2.24K%vs 20232023: £40.32K
Total Liabilities
-40.75%vs 20232023: £355.10K
Employees
0vs 20232023: 10
In 2024, M K CONVERSIONS LIMITED reported net assets of £1.41M. The same filing shows total assets of £1.63M, cash in bank of £943.19K and total liabilities of £210.40K. Reported headcount was 10 in 2024. Cash in Bank rose from £40.32K in 2023 to £943.19K in 2024 (2.24K%). 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
4.76%from £1.35M 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 K CONVERSIONS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+15.9%vs 2022+7.7% a year compound (CAGR)
Cash in Bank
+298%vs 2022+99.6% a year compound (CAGR)
Total Assets
+13.1%vs 2022+6.3% a year compound (CAGR)
Total Liabilities
-2.9%vs 2022-1.4% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Cash in Bank+298%
£236.83K in 2022 to £943.19K in 2024
Biggest decrease
Total Liabilities-2.9%
£216.59K in 2022 to £210.40K in 2024
M K CONVERSIONS LIMITED'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 total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from M K CONVERSIONS 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
- 87.05%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
- 12.95%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
- 448.28%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
- 58.04%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 K CONVERSIONS 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£ | 1.16M | 1.22M | 1.35M | 1.41M |
| Total Assets£ | 1.45M | 1.44M | 1.71M | 1.63M |
| Cash in Bank£ | 384.75K | 236.83K | 40.32K | 943.19K |
| Total Liabilities£ | 292.64K | 216.59K | 355.10K | 210.40K |
| Employees | 10 | 10 | 10 | 10 |
M K CONVERSIONS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for M K CONVERSIONS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
M K CONVERSIONS LIMITED reported net assets of £1.41M for 2024. That compares with £1.35M in 2023, a change of 4.76%.
M K CONVERSIONS LIMITED reported total assets of £1.63M for 2024. That compares with £1.71M in 2023, a change of -4.71%.
M K CONVERSIONS LIMITED reported cash in bank of £943.19K for 2024. That compares with £40.32K in 2023, a change of 2.24K%.
M K CONVERSIONS LIMITED reported 10 employees in 2024, compared with 10 in 2023.
Between 2022 and 2024, M K CONVERSIONS LIMITED's net assets rose by 15.9%, cash in bank rose by 298%, total assets rose by 13.1% and total liabilities fell by 2.9%. Net assets compounded at 7.7% a year across the two years to 2024, from £1.22M to £1.41M. Reported headcount went from 10 in 2022 to 10 in 2024.
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.