MARTEK COMPOSITES LIMITED Financials
- Company number
- 03681757CopyCopy
- Registered office
- Park Works, Park Road, Crosland Moor, Huddersfield, West Yorkshire HD4 5DD
- Incorporated
- 10/12/1998
Company snapshot
- Status
- Active
- Employees
- 5 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
27.46%vs 20232023: £23.42K
Total Assets
5.82%vs 20232023: £107.50K
Total Liabilities
-0.20%vs 20232023: £84.09K
Employees
0vs 20232023: 5
In 2024, MARTEK COMPOSITES LIMITED reported net assets of £29.85K. The same filing shows total assets of £113.77K and total liabilities of £83.92K. Reported headcount was 5 in 2024. Net Assets rose from £23.42K in 2023 to £29.85K in 2024 (27.46%). 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
27.46%from £23.42K 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 MARTEK COMPOSITES LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+0.9%vs 2022+0.4% a year compound (CAGR)
Total Assets
-26.9%vs 2022-14.5% a year compound (CAGR)
Total Liabilities
-33.4%vs 2022-18.4% a year compound (CAGR)
Biggest increase
Net Assets+0.9%
£29.59K in 2022 to £29.85K in 2024
Biggest decrease
Total Liabilities-33.4%
£126.00K in 2022 to £83.92K in 2024
MARTEK COMPOSITES LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MARTEK COMPOSITES 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
- 26.24%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
- 73.76%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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for MARTEK COMPOSITES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 45.40K | 29.59K | 23.42K | 29.85K |
| Total Assets£ | 165.44K | 155.59K | 107.50K | 113.77K |
| Cash in Bank£ | – | – | – | – |
| Total Liabilities£ | 120.04K | 126.00K | 84.09K | 83.92K |
| Employees | 8 | – | 5 | 5 |
MARTEK COMPOSITES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MARTEK COMPOSITES LIMITED covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.
MARTEK COMPOSITES LIMITED reported net assets of £29.85K for 2024. That compares with £23.42K in 2023, a change of 27.46%.
MARTEK COMPOSITES LIMITED reported total assets of £113.77K for 2024. That compares with £107.50K in 2023, a change of 5.82%.
MARTEK COMPOSITES LIMITED reported total liabilities of £83.92K for 2024. That compares with £84.09K in 2023, a change of -0.20%.
MARTEK COMPOSITES LIMITED reported 5 employees in 2024, compared with 5 in 2023.
Between 2022 and 2024, MARTEK COMPOSITES LIMITED's net assets rose by 0.9%, total assets fell by 26.9% and total liabilities fell by 33.4%. Net assets compounded at 0.4% a year across the two years to 2024, from £29.59K to £29.85K. No reported indicator grew more than net assets over the period.
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.