MARTIN ENVIRONMENTAL SERVICES LIMITED Financials
- Company number
- 03503805CopyCopy
- Registered office
- Unit 1 Forward Way, Laker Road, Rochester, Kent ME1 3QX
- Incorporated
- 03/02/1998
Company snapshot
- Status
- Active
- Employees
- 44 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-35.13%vs 20232023: £676.31K
Total Assets
-35.43%vs 20232023: £297.28K
Cash in Bank
-3.92%vs 20232023: £355.02K
Total Liabilities
First reported yearEmployees
-7vs 20232023: 51
In 2024, MARTIN ENVIRONMENTAL SERVICES LIMITED reported net assets of £438.75K. The same filing shows total assets of £191.96K, cash in bank of £341.10K and total liabilities of £542.32K. Reported headcount was 44 in 2024. Net Assets fell from £676.31K in 2023 to £438.75K in 2024 (-35.13%). 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
-35.13%from £676.31K 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 MARTIN ENVIRONMENTAL SERVICES LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-42.5%vs 2022-24.2% a year compound (CAGR)
Cash in Bank
+94.3%vs 2022+39.4% a year compound (CAGR)
Total Assets
+33.7%vs 2022+15.6% a year compound (CAGR)
Employees
+18.9%vs 2022+7Biggest increase
Cash in Bank+94.3%
£175.55K in 2022 to £341.10K in 2024
Biggest decrease
Net Assets-42.5%
£762.96K in 2022 to £438.75K in 2024
MARTIN ENVIRONMENTAL SERVICES LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MARTIN ENVIRONMENTAL SERVICES 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
- 228.56%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
- 46.84%2021
- 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
- 99.64%2021
- 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
- 177.69%2024
- 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 MARTIN ENVIRONMENTAL SERVICES 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£ | 585.46K | 762.96K | 676.31K | 438.75K |
| Total Assets£ | 1.16M | 143.63K | 297.28K | 191.96K |
| Cash in Bank£ | 540.36K | 175.55K | 355.02K | 341.10K |
| Total Liabilities£ | 542.32K | – | – | – |
| Employees | 32 | 37 | 51 | 44 |
MARTIN ENVIRONMENTAL SERVICES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MARTIN ENVIRONMENTAL SERVICES LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
MARTIN ENVIRONMENTAL SERVICES LIMITED reported net assets of £438.75K for 2024. That compares with £676.31K in 2023, a change of -35.13%.
MARTIN ENVIRONMENTAL SERVICES LIMITED reported total assets of £191.96K for 2024. That compares with £297.28K in 2023, a change of -35.43%.
MARTIN ENVIRONMENTAL SERVICES LIMITED reported cash in bank of £341.10K for 2024. That compares with £355.02K in 2023, a change of -3.92%.
MARTIN ENVIRONMENTAL SERVICES LIMITED reported 44 employees in 2024, compared with 51 in 2023.
Between 2022 and 2024, MARTIN ENVIRONMENTAL SERVICES LIMITED's net assets fell by 42.5%, cash in bank rose by 94.3%, total assets rose by 33.7% and employee numbers rose by 18.9%. Net assets contracted at 24.2% a year across the two years to 2024, from £762.96K to £438.75K. Reported headcount went from 37 in 2022 to 44 in 2024 (+7).
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.