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MAYDOWN HOLDINGS LTD Financials

Company number
NI678620Copy
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Registered office
13b Carrakeel Drive, Maydown, Londonderry BT47 6UQ
Incorporated
21/04/2021

Company snapshot

Status
Active
Employees
86 (2024)
Latest financial data
2024
Accounts type
Medium

Financial highlights

Latest reported figures. Okredo holds filed data for 2022–2024.

Net Assets

£504.56K2024
-0.19%vs 2023

2023: £505.51K

Total Assets

£521.54K2024
Increasedvs 2022

2022: £505.51K

Cash in Bank

£519.79K2024
First reported year

Total Liabilities

£16.98K2024
Increasedvs 2023

2023: £0.00

Employees

862024
+23vs 2023

2023: 63

In 2024, MAYDOWN HOLDINGS LTD reported net assets of £504.56K. The same filing shows total assets of £521.54K, cash in bank of £519.79K and total liabilities of £16.98K. Reported headcount was 86 in 2024. Total Liabilities rose from £0.00 in 2023 to £16.98K in 2024. Okredo holds filed figures for 2022–2024; 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

£504.56K2024
-0.19%from £505.51K in 2023

Year-on-year change

Net Assets as filed for 2022–2024. Every figure in this chart is also in the financial history table.

3-year financial trend (2022–2024)

How the figures MAYDOWN HOLDINGS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£505.51K2022£504.56K2024
-0.2%vs 2022

-<0.1% a year compound (CAGR)

Total Assets

£505.51K2022£521.54K2024
+3.2%vs 2022

+1.6% a year compound (CAGR)

Filed for 2022 and 2024 only

Total Liabilities

£0.002022£16.98K2024
Increasedvs 2022

Employees

122022862024
+617%vs 2022+74

Biggest increase

Employees+617%

12 in 2022 to 86 in 2024

Biggest decrease

Net Assets-0.2%

£505.51K in 2022 to £504.56K in 2024

MAYDOWN HOLDINGS LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, 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 MAYDOWN HOLDINGS LTD'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
96.75%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
3.25%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.

Cash to liabilities
3,062.06%2024

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
99.66%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 MAYDOWN HOLDINGS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202220232024
Net Assets£505.51K505.51K504.56K
Total Assets£505.51K–521.54K
Cash in Bank£––519.79K
Total Liabilities£0.000.0016.98K
Employees126386

MAYDOWN HOLDINGS LTD financials: frequently asked questions

Answered from this company's own filed figures.

Has MAYDOWN HOLDINGS LTD filed financial statements?

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Yes. Okredo holds filed figures for MAYDOWN HOLDINGS LTD covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.

What net assets did MAYDOWN HOLDINGS LTD report in 2024?

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MAYDOWN HOLDINGS LTD reported net assets of £504.56K for 2024. That compares with £505.51K in 2023, a change of -0.19%.

What total assets did MAYDOWN HOLDINGS LTD report in 2024?

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MAYDOWN HOLDINGS LTD reported total assets of £521.54K for 2024. That compares with £505.51K in 2022.

What cash in bank did MAYDOWN HOLDINGS LTD report in 2024?

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MAYDOWN HOLDINGS LTD reported cash in bank of £519.79K for 2024. There is no earlier filing to compare it against.

How many people does MAYDOWN HOLDINGS LTD employ?

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MAYDOWN HOLDINGS LTD reported 86 employees in 2024, compared with 63 in 2023.

How have MAYDOWN HOLDINGS LTD financials changed over the last 3 years?

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Between 2022 and 2024, MAYDOWN HOLDINGS LTD's net assets fell by 0.2%, total assets rose by 3.2% and employee numbers rose by 617%. Net assets contracted at <0.1% a year across the two years to 2024, from £505.51K to £504.56K. Reported headcount went from 12 in 2022 to 86 in 2024 (+74).

Which years of MAYDOWN HOLDINGS LTD financial data are available?

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