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MAIDSTONE PRACTICE LIMITED Financials

Company number
07910078Copy
Copy
Registered office
Identics, 1 Odiham Drive, Maidstone, Maidstone ME16 0TW
Incorporated
16/01/2012

Company snapshot

Status
Active
Employees
14 (2024)
Latest financial data
2024
Accounts type
Audit Exemption Subsidiary

Financial highlights

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

Net Assets

£341.67K2024
91.33%vs 2023

2023: £178.58K

Total Assets

£491.34K2024
32.70%vs 2023

2023: £370.25K

Cash in Bank

£12.30K2024
59.86%vs 2023

2023: £7.69K

Total Liabilities

£149.67K2024
3.78%vs 2023

2023: £144.22K

Employees

142024
+4vs 2023

2023: 10

In 2024, MAIDSTONE PRACTICE LIMITED reported net assets of £341.67K. The same filing shows total assets of £491.34K, cash in bank of £12.30K and total liabilities of £149.67K. Reported headcount was 14 in 2024. Net Assets rose from £178.58K in 2023 to £341.67K in 2024 (91.33%). 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

£341.67K2024
91.33%from £178.58K 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 MAIDSTONE PRACTICE LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£41.49K2022£341.67K2024
+723%vs 2022

+187% a year compound (CAGR)

Total Assets

£162.56K2022£491.34K2024
+202%vs 2022

+73.9% a year compound (CAGR)

Total Liabilities

£121.07K2022£149.67K2024
+23.6%vs 2022

+11.2% a year compound (CAGR)

Employees

92022142024
+55.6%vs 2022+5

Biggest increase

Net Assets+723%

£41.49K in 2022 to £341.67K in 2024

Every indicator Okredo holds for MAIDSTONE PRACTICE LIMITED rose between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, with total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from MAIDSTONE PRACTICE 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
69.54%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
30.46%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
8.21%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
2.50%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 MAIDSTONE PRACTICE LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£-222.09K41.49K178.58K341.67K
Total Assets£159.24K162.56K370.25K491.34K
Cash in Bank£47.92K–7.69K12.30K
Total Liabilities£336.25K121.07K144.22K149.67K
Employees1591014

MAIDSTONE PRACTICE LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

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

MAIDSTONE PRACTICE LIMITED reported net assets of £341.67K for 2024. That compares with £178.58K in 2023, a change of 91.33%.

MAIDSTONE PRACTICE LIMITED reported total assets of £491.34K for 2024. That compares with £370.25K in 2023, a change of 32.70%.

MAIDSTONE PRACTICE LIMITED reported cash in bank of £12.30K for 2024. That compares with £7.69K in 2023, a change of 59.86%.

MAIDSTONE PRACTICE LIMITED reported 14 employees in 2024, compared with 10 in 2023.

Between 2022 and 2024, MAIDSTONE PRACTICE LIMITED's net assets rose by 723%, total assets rose by 202%, total liabilities rose by 23.6% and employee numbers rose by 55.6%. Net assets compounded at 187% a year across the two years to 2024, from £41.49K to £341.67K. Reported headcount went from 9 in 2022 to 14 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.