MADINGO LIMITED Financials
- Company number
- NI044243CopyCopy
- Registered office
- 23 Foreglen Road, Killaloo, Londonderry BT47 3TP
- Incorporated
- 01/10/2002
Company snapshot
- Status
- Active
- Employees
- 12 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
1.81%vs 20232023: £162.42K
Total Assets
-13.36%vs 20232023: £450.80K
Total Liabilities
-21.91%vs 20232023: £288.38K
Employees
+3vs 20232023: 9
In 2024, MADINGO LIMITED reported net assets of £165.37K. The same filing shows total assets of £390.56K and total liabilities of £225.20K. Reported headcount was 12 in 2024. Total Liabilities fell from £288.38K in 2023 to £225.20K in 2024 (-21.91%). 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
1.81%from £162.42K 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 MADINGO LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+20.8%vs 2022+9.9% a year compound (CAGR)
Total Assets
-10.2%vs 2022-5.3% a year compound (CAGR)
Total Liabilities
-24.5%vs 2022-13.1% a year compound (CAGR)
Employees
+71.4%vs 2022+5Biggest increase
Employees+71.4%
7 in 2022 to 12 in 2024
Biggest decrease
Total Liabilities-24.5%
£298.29K in 2022 to £225.20K in 2024
MADINGO LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, 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 MADINGO 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
- 42.34%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
- 57.66%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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for MADINGO 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£ | 127.87K | 136.85K | 162.42K | 165.37K |
| Total Assets£ | 375.74K | 435.14K | 450.80K | 390.56K |
| Cash in Bank£ | – | – | – | – |
| Total Liabilities£ | 247.87K | 298.29K | 288.38K | 225.20K |
| Employees | 5 | 7 | 9 | 12 |
MADINGO LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MADINGO LIMITED covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.
MADINGO LIMITED reported net assets of £165.37K for 2024. That compares with £162.42K in 2023, a change of 1.81%.
MADINGO LIMITED reported total assets of £390.56K for 2024. That compares with £450.80K in 2023, a change of -13.36%.
MADINGO LIMITED reported total liabilities of £225.20K for 2024. That compares with £288.38K in 2023, a change of -21.91%.
MADINGO LIMITED reported 12 employees in 2024, compared with 9 in 2023.
Between 2022 and 2024, MADINGO LIMITED's net assets rose by 20.8%, total assets fell by 10.2%, total liabilities fell by 24.5% and employee numbers rose by 71.4%. Net assets compounded at 9.9% a year across the two years to 2024, from £136.85K to £165.37K. Reported headcount went from 7 in 2022 to 12 in 2024 (+5).
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.