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MARTIN ENGINEERING SUPPLIES LIMITED Financials

Company number
NI055296Copy
Copy
Registered office
Unit 37 Galgorm Industrial Estate, Fenaghy Road, Ballymena, Antrim BT42 1FL
Incorporated
26/05/2005

Company snapshot

Status
Active
Employees
5 (2025)
Latest financial data
2025
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£162.83K2025
11.87%vs 2024

2024: £145.55K

Total Assets

£361.77K2025
11.49%vs 2024

2024: £324.48K

Total Liabilities

£198.94K2025
11.19%vs 2024

2024: £178.93K

Employees

52025
-2vs 2024

2024: 7

In 2025, MARTIN ENGINEERING SUPPLIES LIMITED reported net assets of £162.83K. The same filing shows total assets of £361.77K and total liabilities of £198.94K. Reported headcount was 5 in 2025. Total Assets rose from £324.48K in 2024 to £361.77K in 2025 (11.49%). Okredo holds filed figures for 2021–2025; 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

£162.83K2025
11.87%from £145.55K in 2024

Year-on-year change

Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.

3-year financial trend (2023–2025)

How the figures MARTIN ENGINEERING SUPPLIES LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£133.37K2023£162.83K2025
+22.1%vs 2023

+10.5% a year compound (CAGR)

Total Assets

£274.29K2023£361.77K2025
+31.9%vs 2023

+14.8% a year compound (CAGR)

Total Liabilities

£140.92K2023£198.94K2025
+41.2%vs 2023

+18.8% a year compound (CAGR)

Employees

6202352025
-16.7%vs 2023-1

Biggest increase

Total Liabilities+41.2%

£140.92K in 2023 to £198.94K in 2025

Biggest decrease

Employees-16.7%

6 in 2023 to 5 in 2025

MARTIN ENGINEERING SUPPLIES LIMITED's filings pull in both directions between 2023 and 2025. 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 MARTIN ENGINEERING SUPPLIES 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
45.01%2025
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
54.99%2025
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 MARTIN ENGINEERING SUPPLIES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£150.14K138.83K133.37K145.55K162.83K
Total Assets£277.20K269.52K274.29K324.48K361.77K
Cash in Bank£–––––
Total Liabilities£127.06K130.70K140.92K178.93K198.94K
Employees55675

MARTIN ENGINEERING SUPPLIES LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for MARTIN ENGINEERING SUPPLIES LIMITED covering 2021–2025, across 4 reported indicators. The most recent reported year is 2025.

MARTIN ENGINEERING SUPPLIES LIMITED reported net assets of £162.83K for 2025. That compares with £145.55K in 2024, a change of 11.87%.

MARTIN ENGINEERING SUPPLIES LIMITED reported total assets of £361.77K for 2025. That compares with £324.48K in 2024, a change of 11.49%.

MARTIN ENGINEERING SUPPLIES LIMITED reported total liabilities of £198.94K for 2025. That compares with £178.93K in 2024, a change of 11.19%.

MARTIN ENGINEERING SUPPLIES LIMITED reported 5 employees in 2025, compared with 7 in 2024.

Between 2023 and 2025, MARTIN ENGINEERING SUPPLIES LIMITED's net assets rose by 22.1%, total assets rose by 31.9%, total liabilities rose by 41.2% and employee numbers fell by 16.7%. Net assets compounded at 10.5% a year across the two years to 2025, from £133.37K to £162.83K. Reported headcount went from 6 in 2023 to 5 in 2025 (-1).

Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.