MBS ENGINEERING SOLUTIONS LIMITED Financials
- Company number
- 13545798Copy
Copy - Registered office
- 91 Holt Lane, Leeds LS16 7PJ
- Incorporated
- 03/08/2021
Company snapshot
- Status
- Active
- Employees
- 7 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2024.
Net Assets
-39.51%vs 20232023: £75.24K
Total Assets
84.49%vs 20232023: £275.09K
Cash in Bank
-56.09%vs 20232023: £47.69K
Total Liabilities
179.27%vs 20232023: £146.19K
Employees
+1vs 20232023: 6
In 2024, MBS ENGINEERING SOLUTIONS LIMITED reported net assets of £45.51K. The same filing shows total assets of £507.50K, cash in bank of £20.94K and total liabilities of £408.25K. Reported headcount was 7 in 2024. Total Liabilities rose from £146.19K in 2023 to £408.25K in 2024 (179.27%). 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
-39.51%from £75.24K in 2023Year-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 MBS ENGINEERING SOLUTIONS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-22.5%vs 2022-12% a year compound (CAGR)
Cash in Bank
+2009%vs 2022+359% a year compound (CAGR)
Total Assets
+339%vs 2022+109% a year compound (CAGR)
Total Liabilities
+1168%vs 2022+256% a year compound (CAGR)
Employees
+133%vs 2022+4Biggest increase
Cash in Bank+2009%
£993.00 in 2022 to £20.94K in 2024
Biggest decrease
Net Assets-22.5%
£58.75K in 2022 to £45.51K in 2024
MBS ENGINEERING SOLUTIONS LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, 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 MBS ENGINEERING SOLUTIONS 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
- 8.97%2024
- Liabilities to total assets
- 80.44%2024
- Cash to liabilities
- 5.13%2024
- Cash to total assets
- 4.13%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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 MBS ENGINEERING SOLUTIONS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 |
|---|---|---|---|
| Net Assets£ | 58.75K | 75.24K | 45.51K |
| Total Assets£ | 115.73K | 275.09K | 507.50K |
| Cash in Bank£ | 993.00 | 47.69K | 20.94K |
| Total Liabilities£ | 32.19K | 146.19K | 408.25K |
| Employees | 3 | 6 | 7 |
MBS ENGINEERING SOLUTIONS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has MBS ENGINEERING SOLUTIONS LIMITED filed financial statements?
Yes. Okredo holds filed figures for MBS ENGINEERING SOLUTIONS LIMITED covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did MBS ENGINEERING SOLUTIONS LIMITED report in 2024?
MBS ENGINEERING SOLUTIONS LIMITED reported net assets of £45.51K for 2024. That compares with £75.24K in 2023, a change of -39.51%.
What total assets did MBS ENGINEERING SOLUTIONS LIMITED report in 2024?
MBS ENGINEERING SOLUTIONS LIMITED reported total assets of £507.50K for 2024. That compares with £275.09K in 2023, a change of 84.49%.
What cash in bank did MBS ENGINEERING SOLUTIONS LIMITED report in 2024?
MBS ENGINEERING SOLUTIONS LIMITED reported cash in bank of £20.94K for 2024. That compares with £47.69K in 2023, a change of -56.09%.
How many people does MBS ENGINEERING SOLUTIONS LIMITED employ?
MBS ENGINEERING SOLUTIONS LIMITED reported 7 employees in 2024, compared with 6 in 2023.
How have MBS ENGINEERING SOLUTIONS LIMITED financials changed over the last 3 years?
Between 2022 and 2024, MBS ENGINEERING SOLUTIONS LIMITED's net assets fell by 22.5%, cash in bank rose by 2009%, total assets rose by 339% and total liabilities rose by 1168%. Net assets contracted at 12% a year across the two years to 2024, from £58.75K to £45.51K. Reported headcount went from 3 in 2022 to 7 in 2024 (+4).
Which years of MBS ENGINEERING SOLUTIONS LIMITED financial data are available?
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.