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MB FINE ARTS LTD Financials

Company number
04615388Copy
Copy
Registered office
Longford House, Clynderwen, Dyfed SA66 7HB
Incorporated
12/12/2002

Company snapshot

Status
Active
Employees
4 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£28.30K2024
-26.33%vs 2023

2023: £38.42K

Total Assets

£54.37K2024
-24.61%vs 2023

2023: £72.12K

Cash in Bank

£25.42K2024
-27.21%vs 2023

2023: £34.92K

Total Liabilities

£22.44K2024
-20.03%vs 2023

2023: £28.05K

Employees

42024
0vs 2023

2023: 4

In 2024, MB FINE ARTS LTD reported net assets of £28.30K. The same filing shows total assets of £54.37K, cash in bank of £25.42K and total liabilities of £22.44K. Reported headcount was 4 in 2024. Total Assets fell from £72.12K in 2023 to £54.37K in 2024 (-24.61%). 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

£28.30K2024
-26.33%from £38.42K in 2023

Year-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 MB FINE ARTS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£13.82K2022£28.30K2024
+105%vs 2022

+43.1% a year compound (CAGR)

Cash in Bank

£17.10K2022£25.42K2024
+48.7%vs 2022

+21.9% a year compound (CAGR)

Total Assets

£54.39K2022£54.37K2024
-<0.1%vs 2022

-<0.1% a year compound (CAGR)

Total Liabilities

£33.02K2022£22.44K2024
-32.1%vs 2022

-17.6% a year compound (CAGR)

Employees

4202242024
0%vs 2022

Biggest increase

Net Assets+105%

£13.82K in 2022 to £28.30K in 2024

Biggest decrease

Total Liabilities-32.1%

£33.02K in 2022 to £22.44K in 2024

MB FINE ARTS LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.

Ratios from the filed figures

Calculated from MB FINE ARTS 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
52.06%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
41.26%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
113.30%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
46.75%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 MB FINE ARTS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£12.71K13.82K38.42K28.30K
Total Assets£52.31K54.39K72.12K54.37K
Cash in Bank£23.03K17.10K34.92K25.42K
Total Liabilities£35.74K33.02K28.05K22.44K
Employees4444

MB FINE ARTS LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for MB FINE ARTS LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

MB FINE ARTS LTD reported net assets of £28.30K for 2024. That compares with £38.42K in 2023, a change of -26.33%.

MB FINE ARTS LTD reported total assets of £54.37K for 2024. That compares with £72.12K in 2023, a change of -24.61%.

MB FINE ARTS LTD reported cash in bank of £25.42K for 2024. That compares with £34.92K in 2023, a change of -27.21%.

MB FINE ARTS LTD reported 4 employees in 2024, compared with 4 in 2023.

Between 2022 and 2024, MB FINE ARTS LTD's net assets rose by 105%, cash in bank rose by 48.7%, total assets fell by <0.1% and total liabilities fell by 32.1%. Net assets compounded at 43.1% a year across the two years to 2024, from £13.82K to £28.30K. Reported headcount went from 4 in 2022 to 4 in 2024.

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.