MACKAY DECORATORS (PERTH) LIMITED Financials
- Company number
- SC129820CopyCopy
- Industry
- Painting (43.34/1 - SIC 2007)
- Registered office
- C/O Morris & Young, 6 Atholl Crescent, Perth PH1 5JN
- Incorporated
- 06/02/1991
Company snapshot
- Status
- Active
- Employees
- 64 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
- Industry
- Painting (43.34/1 - SIC 2007)
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
2.12%vs 20232023: £1.22M
Total Assets
6.87%vs 20232023: £1.61M
Cash in Bank
30.23%vs 20232023: £790.90K
Total Liabilities
21.49%vs 20232023: £394.79K
Employees
+23vs 20232023: 41
In 2024, MACKAY DECORATORS (PERTH) LIMITED reported net assets of £1.24M. The same filing shows total assets of £1.72M, cash in bank of £1.03M and total liabilities of £479.65K. Reported headcount was 64 in 2024. Cash in Bank rose from £790.90K in 2023 to £1.03M in 2024 (30.23%). 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
2.12%from £1.22M 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 MACKAY DECORATORS (PERTH) LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-21.7%vs 2022-11.5% a year compound (CAGR)
Cash in Bank
+41.7%vs 2022+19% a year compound (CAGR)
Total Assets
-33%vs 2022-18.2% a year compound (CAGR)
Total Liabilities
-37.1%vs 2022-20.7% a year compound (CAGR)
Employees
+23.1%vs 2022+12Biggest increase
Cash in Bank+41.7%
£726.82K in 2022 to £1.03M in 2024
Biggest decrease
Total Liabilities-37.1%
£763.04K in 2022 to £479.65K in 2024
MACKAY DECORATORS (PERTH) 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 MACKAY DECORATORS (PERTH) 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
- 72.15%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
- 27.85%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
- 214.75%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
- 59.80%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 MACKAY DECORATORS (PERTH) 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£ | 717.60K | 1.59M | 1.22M | 1.24M |
| Total Assets£ | 1.23M | 2.57M | 1.61M | 1.72M |
| Cash in Bank£ | 644.98K | 726.82K | 790.90K | 1.03M |
| Total Liabilities£ | 401.43K | 763.04K | 394.79K | 479.65K |
| Employees | 50 | 52 | 41 | 64 |
MACKAY DECORATORS (PERTH) LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MACKAY DECORATORS (PERTH) LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
MACKAY DECORATORS (PERTH) LIMITED reported net assets of £1.24M for 2024. That compares with £1.22M in 2023, a change of 2.12%.
MACKAY DECORATORS (PERTH) LIMITED reported total assets of £1.72M for 2024. That compares with £1.61M in 2023, a change of 6.87%.
MACKAY DECORATORS (PERTH) LIMITED reported cash in bank of £1.03M for 2024. That compares with £790.90K in 2023, a change of 30.23%.
MACKAY DECORATORS (PERTH) LIMITED reported 64 employees in 2024, compared with 41 in 2023.
Between 2022 and 2024, MACKAY DECORATORS (PERTH) LIMITED's net assets fell by 21.7%, cash in bank rose by 41.7%, total assets fell by 33% and total liabilities fell by 37.1%. Net assets contracted at 11.5% a year across the two years to 2024, from £1.59M to £1.24M. Reported headcount went from 52 in 2022 to 64 in 2024 (+12).
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.