MAYFIELD GARAGE (SCOTLAND) LTD. Financials
- Company number
- SC376114CopyCopy
- Registered office
- Anchor One Studio 16, 1st Floor, 7 Thread Street, Paisley PA1 1JR
- Incorporated
- 01/04/2010
Company snapshot
- Status
- Active
- Employees
- 5 (2023)
- Latest financial data
- 2023
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
14.09%vs 20222022: £596.00
Total Assets
-4.85%vs 20222022: £49.22K
Cash in Bank
36.19%vs 20222022: £13.40K
Total Liabilities
-5.08%vs 20222022: £48.63K
Employees
0vs 20222022: 5
In 2023, MAYFIELD GARAGE (SCOTLAND) LTD. reported net assets of £680.00. The same filing shows total assets of £46.84K, cash in bank of £18.25K and total liabilities of £46.16K. Reported headcount was 5 in 2023. Cash in Bank rose from £13.40K in 2022 to £18.25K in 2023 (36.19%). 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
14.09%from £596.00 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 MAYFIELD GARAGE (SCOTLAND) LTD. filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-18%vs 2021-9.4% a year compound (CAGR)
Cash in Bank
+12.5%vs 2021+6.1% a year compound (CAGR)
Total Assets
-17.9%vs 2021-9.4% a year compound (CAGR)
Total Liabilities
-17.9%vs 2021-9.4% a year compound (CAGR)
Employees
+25%vs 2021+1Biggest increase
Employees+25%
4 in 2021 to 5 in 2023
Biggest decrease
Net Assets-18%
£829.00 in 2021 to £680.00 in 2023
MAYFIELD GARAGE (SCOTLAND) LTD.'s filings pull in both directions between 2021 and 2023. 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 MAYFIELD GARAGE (SCOTLAND) 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
- 1.45%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
- 98.55%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
- 39.54%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
- 38.96%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 MAYFIELD GARAGE (SCOTLAND) LTD. by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 829.00 | 596.00 | 680.00 |
| Total Assets£ | 57.06K | 49.22K | 46.84K |
| Cash in Bank£ | 16.22K | 13.40K | 18.25K |
| Total Liabilities£ | 56.23K | 48.63K | 46.16K |
| Employees | 4 | 5 | 5 |
MAYFIELD GARAGE (SCOTLAND) LTD. financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MAYFIELD GARAGE (SCOTLAND) LTD. covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
MAYFIELD GARAGE (SCOTLAND) LTD. reported net assets of £680.00 for 2023. That compares with £596.00 in 2022, a change of 14.09%.
MAYFIELD GARAGE (SCOTLAND) LTD. reported total assets of £46.84K for 2023. That compares with £49.22K in 2022, a change of -4.85%.
MAYFIELD GARAGE (SCOTLAND) LTD. reported cash in bank of £18.25K for 2023. That compares with £13.40K in 2022, a change of 36.19%.
MAYFIELD GARAGE (SCOTLAND) LTD. reported 5 employees in 2023, compared with 5 in 2022.
Between 2021 and 2023, MAYFIELD GARAGE (SCOTLAND) LTD.'s net assets fell by 18%, cash in bank rose by 12.5%, total assets fell by 17.9% and total liabilities fell by 17.9%. Net assets contracted at 9.4% a year across the two years to 2023, from £829.00 to £680.00. Reported headcount went from 4 in 2021 to 5 in 2023 (+1).
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.