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M RECRUITMENT LIMITED Financials

Company number
11910845Copy
Copy
Registered office
1st Floor 8 Bridle Close, Kingston Upon Thames KT1 2JW
Incorporated
28/03/2019

Company snapshot

Status
Active
Employees
3 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£-50.53K2024
-162.79%vs 2023

2023: £80.48K

Total Assets

£318.94K2024
-16.18%vs 2023

2023: £380.50K

Cash in Bank

£284.002024
-52.82%vs 2023

2023: £602.00

Total Liabilities

£369.47K2024
23.15%vs 2023

2023: £300.02K

Employees

32024
-1vs 2023

2023: 4

In 2024, M RECRUITMENT LIMITED reported net assets of £-50.53K. The same filing shows total assets of £318.94K, cash in bank of £284.00 and total liabilities of £369.47K. Reported headcount was 3 in 2024. Net Assets fell from £80.48K in 2023 to £-50.53K in 2024 (-162.79%). 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

£-50.53K2024
-162.79%from £80.48K in 2023

Year-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 RECRUITMENT LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£97.72K2022£-50.53K2024
-152%vs 2022

Cash in Bank

£5.28K2022£284.002024
-94.6%vs 2022

-76.8% a year compound (CAGR)

Total Assets

£440.81K2022£318.94K2024
-27.6%vs 2022

-14.9% a year compound (CAGR)

Total Liabilities

£343.09K2022£369.47K2024
+7.7%vs 2022

+3.8% a year compound (CAGR)

Employees

7202232024
-57.1%vs 2022-4

Biggest increase

Total Liabilities+7.7%

£343.09K in 2022 to £369.47K in 2024

Biggest decrease

Net Assets-152%

£97.72K in 2022 to £-50.53K in 2024

M RECRUITMENT 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 RECRUITMENT 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
-15.84%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
115.84%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
0.08%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
0.09%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 RECRUITMENT LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£-176.13K97.72K80.48K-50.53K
Total Assets£555.81K440.81K380.50K318.94K
Cash in Bank£11.00K5.28K602.00284.00
Total Liabilities£731.94K343.09K300.02K369.47K
Employees6743

M RECRUITMENT LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for M RECRUITMENT LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

M RECRUITMENT LIMITED reported net assets of £-50.53K for 2024. That compares with £80.48K in 2023, a change of -162.79%.

M RECRUITMENT LIMITED reported total assets of £318.94K for 2024. That compares with £380.50K in 2023, a change of -16.18%.

M RECRUITMENT LIMITED reported cash in bank of £284.00 for 2024. That compares with £602.00 in 2023, a change of -52.82%.

M RECRUITMENT LIMITED reported 3 employees in 2024, compared with 4 in 2023.

Between 2022 and 2024, M RECRUITMENT LIMITED's net assets fell by 152%, cash in bank fell by 94.6%, total assets fell by 27.6% and total liabilities rose by 7.7%. Cash in bank contracted at 76.8% a year across the two years to 2024, from £5.28K to £284.00. Reported headcount went from 7 in 2022 to 3 in 2024 (-4).

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.