M L (UK) DREDGING LIMITED Financials
- Company number
- 01419444CopyCopy
- Registered office
- 7 Kettering Terrace, Mile End, Portsmouth, Hants PO2 7QH
- Incorporated
- 14/05/1979
Company snapshot
- Status
- Active
- Employees
- 6 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-7.58%vs 20232023: £232.25K
Total Assets
31.11%vs 20232023: £662.90K
Cash in Bank
409.45%vs 20232023: £52.89K
Total Liabilities
135.71%vs 20232023: £172.21K
Employees
0vs 20232023: 6
In 2024, M L (UK) DREDGING LIMITED reported net assets of £214.66K. The same filing shows total assets of £869.11K, cash in bank of £269.44K and total liabilities of £405.93K. Reported headcount was 6 in 2024. Total Liabilities rose from £172.21K in 2023 to £405.93K in 2024 (135.71%). 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
-7.58%from £232.25K 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 L (UK) DREDGING LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-48.9%vs 2022-28.5% a year compound (CAGR)
Cash in Bank
-29.5%vs 2022-16% a year compound (CAGR)
Total Assets
-12.6%vs 2022-6.5% a year compound (CAGR)
Total Liabilities
+50.2%vs 2022+22.6% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Total Liabilities+50.2%
£270.22K in 2022 to £405.93K in 2024
Biggest decrease
Net Assets-48.9%
£420.26K in 2022 to £214.66K in 2024
M L (UK) DREDGING 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 net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from M L (UK) DREDGING 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
- 24.70%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
- 46.71%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
- 66.38%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
- 31.00%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 L (UK) DREDGING 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£ | 245.54K | 420.26K | 232.25K | 214.66K |
| Total Assets£ | 202.72K | 994.33K | 662.90K | 869.11K |
| Cash in Bank£ | 172.55K | 382.01K | 52.89K | 269.44K |
| Total Liabilities£ | 42.57K | 270.22K | 172.21K | 405.93K |
| Employees | 7 | 6 | 6 | 6 |
M L (UK) DREDGING LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for M L (UK) DREDGING LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
M L (UK) DREDGING LIMITED reported net assets of £214.66K for 2024. That compares with £232.25K in 2023, a change of -7.58%.
M L (UK) DREDGING LIMITED reported total assets of £869.11K for 2024. That compares with £662.90K in 2023, a change of 31.11%.
M L (UK) DREDGING LIMITED reported cash in bank of £269.44K for 2024. That compares with £52.89K in 2023, a change of 409.45%.
M L (UK) DREDGING LIMITED reported 6 employees in 2024, compared with 6 in 2023.
Between 2022 and 2024, M L (UK) DREDGING LIMITED's net assets fell by 48.9%, cash in bank fell by 29.5%, total assets fell by 12.6% and total liabilities rose by 50.2%. Net assets contracted at 28.5% a year across the two years to 2024, from £420.26K to £214.66K. Reported headcount went from 6 in 2022 to 6 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.