M.K. TEST SYSTEMS LTD. Financials
- Company number
- 02706775CopyCopy
- Registered office
- Ate House Westpark 26, Chelston, Wellington, Somerset TA21 9AD
- Incorporated
- 14/04/1992
Company snapshot
- Status
- Active
- Employees
- 50 (2024)
- Latest financial data
- 2024
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-4.38%vs 20232023: £7.35M
Total Assets
-4.32%vs 20232023: £10.72M
Cash in Bank
12.45%vs 20232023: £1.71M
Total Liabilities
-6.15%vs 20232023: £3.01M
Employees
+7vs 20232023: 43
In 2024, M.K. TEST SYSTEMS LTD. reported net assets of £7.03M. The same filing shows total assets of £10.26M, cash in bank of £1.93M and total liabilities of £2.83M. Reported headcount was 50 in 2024. Total Assets fell from £10.72M in 2023 to £10.26M in 2024 (-4.32%). 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
-4.38%from £7.35M in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
Ratios from the filed figures
Calculated from M.K. TEST SYSTEMS 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
- 68.52%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
- 27.57%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
- 68.15%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
- 18.79%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £210.78K2024
- 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.K. TEST SYSTEMS LTD. by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2023 | 2024 |
|---|---|---|---|
| Net Assets£ | 3.53M | 7.35M | 7.03M |
| Total Assets£ | 6.06M | 10.72M | 10.26M |
| Cash in Bank£ | 333.27K | 1.71M | 1.93M |
| Total Liabilities£ | 2.17M | 3.01M | 2.83M |
| Employees | 35 | 43 | 50 |
M.K. TEST SYSTEMS LTD. financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for M.K. TEST SYSTEMS LTD. covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
M.K. TEST SYSTEMS LTD. reported net assets of £7.03M for 2024. That compares with £7.35M in 2023, a change of -4.38%.
M.K. TEST SYSTEMS LTD. reported total assets of £10.26M for 2024. That compares with £10.72M in 2023, a change of -4.32%.
M.K. TEST SYSTEMS LTD. reported cash in bank of £1.93M for 2024. That compares with £1.71M in 2023, a change of 12.45%.
M.K. TEST SYSTEMS LTD. reported 50 employees in 2024, compared with 43 in 2023.
Okredo holds reported figures for the years 2021, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.