MAKAZ SOLUTIONS LTD Financials
- Company number
- 09098958Copy
Copy - Registered office
- 3 Church Street, Kidderminster DY10 2AD
- Incorporated
- 24/06/2014
Company snapshot
- Status
- Active
- Employees
- 3 (2024)
- Latest financial data
- 2024
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-77.85%vs 20232023: £51.39K
Total Assets
-70.44%vs 20232023: £69.63K
Cash in Bank
-83.79%vs 20232023: £62.86K
Total Liabilities
-49.55%vs 20232023: £18.24K
Employees
-1vs 20232023: 4
In 2024, MAKAZ SOLUTIONS LTD reported net assets of £11.38K. The same filing shows total assets of £20.59K, cash in bank of £10.19K and total liabilities of £9.20K. Reported headcount was 3 in 2024. Cash in Bank fell from £62.86K in 2023 to £10.19K in 2024 (-83.79%). 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
-77.85%from £51.39K 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 MAKAZ SOLUTIONS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-75.2%vs 2022-50.2% a year compound (CAGR)
Cash in Bank
-85.5%vs 2022-62% a year compound (CAGR)
Total Assets
-73.3%vs 2022-48.4% a year compound (CAGR)
Total Liabilities
-70.5%vs 2022-45.7% a year compound (CAGR)
Employees
0%vs 2022Biggest decrease
Cash in Bank-85.5%
£70.45K in 2022 to £10.19K in 2024
Every measure that changed in MAKAZ SOLUTIONS LTD's filings between 2022 and 2024 fell. The steepest fall came in cash in bank, pointing to a tighter cash position, with net assets, total assets and total liabilities falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MAKAZ SOLUTIONS LTD'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
- 55.29%2024
- Liabilities to total assets
- 44.71%2024
- Cash to liabilities
- 110.72%2024
- Cash to total assets
- 49.50%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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 MAKAZ SOLUTIONS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 47.28K | 45.98K | 51.39K | 11.38K |
| Total Assets£ | 76.90K | 77.22K | 69.63K | 20.59K |
| Cash in Bank£ | – | 70.45K | 62.86K | 10.19K |
| Total Liabilities£ | 29.62K | 31.24K | 18.24K | 9.20K |
| Employees | 3 | 3 | 4 | 3 |
MAKAZ SOLUTIONS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has MAKAZ SOLUTIONS LTD filed financial statements?
Yes. Okredo holds filed figures for MAKAZ SOLUTIONS LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did MAKAZ SOLUTIONS LTD report in 2024?
MAKAZ SOLUTIONS LTD reported net assets of £11.38K for 2024. That compares with £51.39K in 2023, a change of -77.85%.
What total assets did MAKAZ SOLUTIONS LTD report in 2024?
MAKAZ SOLUTIONS LTD reported total assets of £20.59K for 2024. That compares with £69.63K in 2023, a change of -70.44%.
What cash in bank did MAKAZ SOLUTIONS LTD report in 2024?
MAKAZ SOLUTIONS LTD reported cash in bank of £10.19K for 2024. That compares with £62.86K in 2023, a change of -83.79%.
How many people does MAKAZ SOLUTIONS LTD employ?
MAKAZ SOLUTIONS LTD reported 3 employees in 2024, compared with 4 in 2023.
How have MAKAZ SOLUTIONS LTD financials changed over the last 3 years?
Between 2022 and 2024, MAKAZ SOLUTIONS LTD's net assets fell by 75.2%, cash in bank fell by 85.5%, total assets fell by 73.3% and total liabilities fell by 70.5%. Net assets contracted at 50.2% a year across the two years to 2024, from £45.98K to £11.38K. Reported headcount went from 3 in 2022 to 3 in 2024.
Which years of MAKAZ SOLUTIONS LTD financial data are available?
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.