Active

MANAGED INFORMATION TECHNOLOGIES LIMITED Financials

Company number
03660868Copy
Copy
Registered office
147a High Street, Waltham Cross, Hertfordshire EN8 7AP
Incorporated
03/11/1998

Company snapshot

Status
Active
Employees
59 (2024)
Latest financial data
2024
Accounts type
Full

Financial highlights

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

Net Assets

£4.08M2024
35.67%vs 2023

2023: £3.00M

Total Assets

£7.02M2024
33.24%vs 2023

2023: £5.27M

Cash in Bank

£818.77K2024
-11.21%vs 2023

2023: £922.18K

Total Liabilities

£2.95M2024
30.02%vs 2023

2023: £2.27M

Employees

592024
+4vs 2023

2023: 55

In 2024, MANAGED INFORMATION TECHNOLOGIES LIMITED reported net assets of £4.08M. The same filing shows total assets of £7.02M, cash in bank of £818.77K and total liabilities of £2.95M. Reported headcount was 59 in 2024. Total Assets rose from £5.27M in 2023 to £7.02M in 2024 (33.24%). 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

£4.08M2024
35.67%from £3.00M 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 MANAGED INFORMATION TECHNOLOGIES LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£1.83M2022£4.08M2024
+123%vs 2022

+49.4% a year compound (CAGR)

Cash in Bank

£725.86K2022£818.77K2024
+12.8%vs 2022

+6.2% a year compound (CAGR)

Total Assets

£3.81M2022£7.02M2024
+84.4%vs 2022

+35.8% a year compound (CAGR)

Total Liabilities

£1.98M2022£2.95M2024
+48.7%vs 2022

+22% a year compound (CAGR)

Employees

442022592024
+34.1%vs 2022+15

Biggest increase

Net Assets+123%

£1.83M in 2022 to £4.08M in 2024

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

Ratios from the filed figures

Calculated from MANAGED INFORMATION TECHNOLOGIES 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
58.05%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
41.95%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
27.80%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
11.66%2024
Reported cash in bank divided by reported total assets, for the latest year both were filed.
Revenue per employee
£185.10K2024
Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for MANAGED INFORMATION TECHNOLOGIES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£2.02M1.83M3.00M4.08M
Total Assets£3.71M3.81M5.27M7.02M
Cash in Bank£895.22K725.86K922.18K818.77K
Total Liabilities£1.69M1.98M2.27M2.95M
Employees41445559

MANAGED INFORMATION TECHNOLOGIES LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

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

MANAGED INFORMATION TECHNOLOGIES LIMITED reported net assets of £4.08M for 2024. That compares with £3.00M in 2023, a change of 35.67%.

MANAGED INFORMATION TECHNOLOGIES LIMITED reported total assets of £7.02M for 2024. That compares with £5.27M in 2023, a change of 33.24%.

MANAGED INFORMATION TECHNOLOGIES LIMITED reported cash in bank of £818.77K for 2024. That compares with £922.18K in 2023, a change of -11.21%.

MANAGED INFORMATION TECHNOLOGIES LIMITED reported 59 employees in 2024, compared with 55 in 2023.

Between 2022 and 2024, MANAGED INFORMATION TECHNOLOGIES LIMITED's net assets rose by 123%, cash in bank rose by 12.8%, total assets rose by 84.4% and total liabilities rose by 48.7%. Net assets compounded at 49.4% a year across the two years to 2024, from £1.83M to £4.08M. Reported headcount went from 44 in 2022 to 59 in 2024 (+15).

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.