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MANCHESTER URBAN FINANCE CORPORATION LIMITED Financials

Company number
03141100Copy
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Registered office
Unit 1a, The Moorings, Dane Road Industrial Estate, Sale, Cheshire M33 7BH
Incorporated
22/12/1995

Company snapshot

Status
Active
Employees
40 (2023)
Latest financial data
2023
Accounts type
Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2023.

Net Assets

£9.88M2023
28.65%vs 2022

2022: £7.68M

Total Assets

£18.11M2023
61.78%vs 2022

2022: £11.20M

Cash in Bank

£8.00M2023
169.01%vs 2022

2022: £2.97M

Total Liabilities

£6.52M2023
224.12%vs 2022

2022: £2.01M

Employees

402023
-6vs 2022

2022: 46

In 2023, MANCHESTER URBAN FINANCE CORPORATION LIMITED reported net assets of £9.88M. The same filing shows total assets of £18.11M, cash in bank of £8.00M and total liabilities of £6.52M. Reported headcount was 40 in 2023. Total Assets rose from £11.20M in 2022 to £18.11M in 2023 (61.78%). Okredo holds filed figures for 2021–2023; 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

£9.88M2023
28.65%from £7.68M in 2022

Year-on-year change

Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.

3-year financial trend (2021–2023)

How the figures MANCHESTER URBAN FINANCE CORPORATION LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.

Net Assets

£10.20M2021£9.88M2023
-3.1%vs 2021

-1.6% a year compound (CAGR)

Cash in Bank

£5.82M2021£8.00M2023
+37.5%vs 2021

+17.2% a year compound (CAGR)

Total Assets

£13.06M2021£18.11M2023
+38.7%vs 2021

+17.8% a year compound (CAGR)

Total Liabilities

£1.59M2021£6.52M2023
+310%vs 2021

+103% a year compound (CAGR)

Employees

502021402023
-20%vs 2021-10

Biggest increase

Total Liabilities+310%

£1.59M in 2021 to £6.52M in 2023

Biggest decrease

Employees-20%

50 in 2021 to 40 in 2023

MANCHESTER URBAN FINANCE CORPORATION LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, 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 MANCHESTER URBAN FINANCE CORPORATION 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
54.55%2023

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
35.99%2023

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
122.64%2023

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
44.14%2023

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 MANCHESTER URBAN FINANCE CORPORATION LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202120222023
Net Assets£10.20M7.68M9.88M
Total Assets£13.06M11.20M18.11M
Cash in Bank£5.82M2.97M8.00M
Total Liabilities£1.59M2.01M6.52M
Employees504640

MANCHESTER URBAN FINANCE CORPORATION LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has MANCHESTER URBAN FINANCE CORPORATION LIMITED filed financial statements?

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Yes. Okredo holds filed figures for MANCHESTER URBAN FINANCE CORPORATION LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.

What net assets did MANCHESTER URBAN FINANCE CORPORATION LIMITED report in 2023?

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MANCHESTER URBAN FINANCE CORPORATION LIMITED reported net assets of £9.88M for 2023. That compares with £7.68M in 2022, a change of 28.65%.

What total assets did MANCHESTER URBAN FINANCE CORPORATION LIMITED report in 2023?

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MANCHESTER URBAN FINANCE CORPORATION LIMITED reported total assets of £18.11M for 2023. That compares with £11.20M in 2022, a change of 61.78%.

What cash in bank did MANCHESTER URBAN FINANCE CORPORATION LIMITED report in 2023?

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MANCHESTER URBAN FINANCE CORPORATION LIMITED reported cash in bank of £8.00M for 2023. That compares with £2.97M in 2022, a change of 169.01%.

How many people does MANCHESTER URBAN FINANCE CORPORATION LIMITED employ?

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MANCHESTER URBAN FINANCE CORPORATION LIMITED reported 40 employees in 2023, compared with 46 in 2022.

How have MANCHESTER URBAN FINANCE CORPORATION LIMITED financials changed over the last 3 years?

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Between 2021 and 2023, MANCHESTER URBAN FINANCE CORPORATION LIMITED's net assets fell by 3.1%, cash in bank rose by 37.5%, total assets rose by 38.7% and total liabilities rose by 310%. Net assets contracted at 1.6% a year across the two years to 2023, from £10.20M to £9.88M. Reported headcount went from 50 in 2021 to 40 in 2023 (-10).

Which years of MANCHESTER URBAN FINANCE CORPORATION LIMITED financial data are available?

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Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.