MBC CONTRACTS LTD. Financials
- Company number
- 02806236CopyCopy
- Registered office
- 15 Crittall Road, Witham, Essex CM8 3DR
- Incorporated
- 02/04/1993
Company snapshot
- Status
- Active
- Employees
- 26 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
40.68%vs 20232023: £424.68K
Total Assets
11.19%vs 20232023: £1.05M
Cash in Bank
86.87%vs 20232023: £77.85K
Total Liabilities
-8.83%vs 20232023: £625.53K
Employees
+3vs 20232023: 23
In 2024, MBC CONTRACTS LTD. reported net assets of £597.43K. The same filing shows total assets of £1.17M, cash in bank of £145.47K and total liabilities of £570.30K. Reported headcount was 26 in 2024. Net Assets rose from £424.68K in 2023 to £597.43K in 2024 (40.68%). 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
40.68%from £424.68K 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 MBC CONTRACTS LTD. filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+138%vs 2022+54.3% a year compound (CAGR)
Cash in Bank
+1111%vs 2022+248% a year compound (CAGR)
Employees
+62.5%vs 2022+10Biggest increase
Cash in Bank+1111%
£12.01K in 2022 to £145.47K in 2024
Every indicator Okredo holds for MBC CONTRACTS LTD. rose between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MBC CONTRACTS 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
- 51.16%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
- 48.84%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
- 25.51%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
- 12.46%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 MBC CONTRACTS LTD. by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 87.87K | 250.92K | 424.68K | 597.43K |
| Total Assets£ | 661.92K | – | 1.05M | 1.17M |
| Cash in Bank£ | 66.49K | 12.01K | 77.85K | 145.47K |
| Total Liabilities£ | 574.05K | – | 625.53K | 570.30K |
| Employees | 12 | 16 | 23 | 26 |
MBC CONTRACTS LTD. financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MBC CONTRACTS LTD. covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
MBC CONTRACTS LTD. reported net assets of £597.43K for 2024. That compares with £424.68K in 2023, a change of 40.68%.
MBC CONTRACTS LTD. reported total assets of £1.17M for 2024. That compares with £1.05M in 2023, a change of 11.19%.
MBC CONTRACTS LTD. reported cash in bank of £145.47K for 2024. That compares with £77.85K in 2023, a change of 86.87%.
MBC CONTRACTS LTD. reported 26 employees in 2024, compared with 23 in 2023.
Between 2022 and 2024, MBC CONTRACTS LTD.'s net assets rose by 138%, cash in bank rose by 1111% and employee numbers rose by 62.5%. Net assets compounded at 54.3% a year across the two years to 2024, from £250.92K to £597.43K. Reported headcount went from 16 in 2022 to 26 in 2024 (+10).
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.