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MAJOR FABRICATIONS (KENT) LIMITED Financials

Company number
01646094Copy
Copy
Registered office
New Colliery Road, Broad Lane, Betteshanger, Deal, Kent CT14 0LX
Incorporated
23/06/1982

Company snapshot

Status
Active
Employees
13 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

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

Net Assets

£435.49K2024
0.48%vs 2023

2023: £433.39K

Total Assets

£703.15K2024
-7.15%vs 2023

2023: £757.29K

Cash in Bank

£275.18K2024
19.73%vs 2023

2023: £229.83K

Total Liabilities

£163.56K2024
-10.50%vs 2023

2023: £182.74K

Employees

132024
-8vs 2023

2023: 21

In 2024, MAJOR FABRICATIONS (KENT) LIMITED reported net assets of £435.49K. The same filing shows total assets of £703.15K, cash in bank of £275.18K and total liabilities of £163.56K. Reported headcount was 13 in 2024. Total Assets fell from £757.29K in 2023 to £703.15K in 2024 (-7.15%). 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

£435.49K2024
0.48%from £433.39K 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 MAJOR FABRICATIONS (KENT) LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£432.55K2022£435.49K2024
+0.7%vs 2022

+0.3% a year compound (CAGR)

Cash in Bank

£180.87K2022£275.18K2024
+52.1%vs 2022

+23.3% a year compound (CAGR)

Total Assets

£797.38K2022£703.15K2024
-11.8%vs 2022

-6.1% a year compound (CAGR)

Total Liabilities

£182.70K2022£163.56K2024
-10.5%vs 2022

-5.4% a year compound (CAGR)

Employees

242022132024
-45.8%vs 2022-11

Biggest increase

Cash in Bank+52.1%

£180.87K in 2022 to £275.18K in 2024

Biggest decrease

Employees-45.8%

24 in 2022 to 13 in 2024

MAJOR FABRICATIONS (KENT) 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 employee numbers, pointing to a smaller workforce. See the full year-by-year figures.

Ratios from the filed figures

Calculated from MAJOR FABRICATIONS (KENT) 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
61.93%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
23.26%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
168.25%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
39.14%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 MAJOR FABRICATIONS (KENT) LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£423.57K432.55K433.39K435.49K
Total Assets£785.94K797.38K757.29K703.15K
Cash in Bank£197.62K180.87K229.83K275.18K
Total Liabilities£170.76K182.70K182.74K163.56K
Employees18242113

MAJOR FABRICATIONS (KENT) LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for MAJOR FABRICATIONS (KENT) LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

MAJOR FABRICATIONS (KENT) LIMITED reported net assets of £435.49K for 2024. That compares with £433.39K in 2023, a change of 0.48%.

MAJOR FABRICATIONS (KENT) LIMITED reported total assets of £703.15K for 2024. That compares with £757.29K in 2023, a change of -7.15%.

MAJOR FABRICATIONS (KENT) LIMITED reported cash in bank of £275.18K for 2024. That compares with £229.83K in 2023, a change of 19.73%.

MAJOR FABRICATIONS (KENT) LIMITED reported 13 employees in 2024, compared with 21 in 2023.

Between 2022 and 2024, MAJOR FABRICATIONS (KENT) LIMITED's net assets rose by 0.7%, cash in bank rose by 52.1%, total assets fell by 11.8% and total liabilities fell by 10.5%. Net assets compounded at 0.3% a year across the two years to 2024, from £432.55K to £435.49K. Reported headcount went from 24 in 2022 to 13 in 2024 (-11).

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.