MATCO ENGINEERING LIMITED Financials
- Company number
- 06448668CopyCopy
- Industry
- Machining (25.62 - SIC 2007)
- Registered office
- 1 Wharf Road, Tyseley, Birmingham B11 2DX
- Incorporated
- 10/12/2007
Company snapshot
- Status
- Active
- Employees
- 13 (2023)
- Latest financial data
- 2023
- Accounts type
- Small
- Industry
- Machining (25.62 - SIC 2007)
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
21.88%vs 20222022: £1.24M
Total Assets
19.89%vs 20222022: £2.47M
Cash in Bank
-98.88%vs 20222022: £51.23K
Total Liabilities
17.87%vs 20222022: £1.23M
Employees
0vs 20222022: 13
In 2023, MATCO ENGINEERING LIMITED reported net assets of £1.52M. The same filing shows total assets of £2.96M, cash in bank of £575.00 and total liabilities of £1.45M. Reported headcount was 13 in 2023. Total Assets rose from £2.47M in 2022 to £2.96M in 2023 (19.89%). 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
21.88%from £1.24M in 2022Year-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 MATCO ENGINEERING LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+44.7%vs 2021+20.3% a year compound (CAGR)
Cash in Bank
-97.7%vs 2021-84.9% a year compound (CAGR)
Total Assets
+51.7%vs 2021+23.2% a year compound (CAGR)
Total Liabilities
+59.7%vs 2021+26.4% a year compound (CAGR)
Employees
0%vs 2021Biggest increase
Total Liabilities+59.7%
£905.97K in 2021 to £1.45M in 2023
Biggest decrease
Cash in Bank-97.7%
£25.08K in 2021 to £575.00 in 2023
MATCO ENGINEERING 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 cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MATCO ENGINEERING 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
- 51.19%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
- 48.81%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
- 0.04%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
- 0.02%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 MATCO ENGINEERING LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 1.05M | 1.24M | 1.52M |
| Total Assets£ | 1.95M | 2.47M | 2.96M |
| Cash in Bank£ | 25.08K | 51.23K | 575.00 |
| Total Liabilities£ | 905.97K | 1.23M | 1.45M |
| Employees | 13 | 13 | 13 |
MATCO ENGINEERING LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MATCO ENGINEERING LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
MATCO ENGINEERING LIMITED reported net assets of £1.52M for 2023. That compares with £1.24M in 2022, a change of 21.88%.
MATCO ENGINEERING LIMITED reported total assets of £2.96M for 2023. That compares with £2.47M in 2022, a change of 19.89%.
MATCO ENGINEERING LIMITED reported cash in bank of £575.00 for 2023. That compares with £51.23K in 2022, a change of -98.88%.
MATCO ENGINEERING LIMITED reported 13 employees in 2023, compared with 13 in 2022.
Between 2021 and 2023, MATCO ENGINEERING LIMITED's net assets rose by 44.7%, cash in bank fell by 97.7%, total assets rose by 51.7% and total liabilities rose by 59.7%. Net assets compounded at 20.3% a year across the two years to 2023, from £1.05M to £1.52M. Reported headcount went from 13 in 2021 to 13 in 2023.
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.