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MBS SERVICES LIMITED Financials

Company number
NI065222Copy
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Registered office
6 Doagh Road, Ballyclare, County Antrim BT39 9BG
Incorporated
14/06/2007

Company snapshot

Status
Active
Employees
6 (2024)
Latest financial data
2024
Accounts type
Micro Entity

Financial highlights

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

Net Assets

£29.64K2024
-29.02%vs 2023

2023: £41.76K

Total Assets

£418.96K2024
-5.93%vs 2023

2023: £445.38K

Total Liabilities

£389.32K2024
-3.54%vs 2023

2023: £403.61K

Employees

62024
0vs 2023

2023: 6

In 2024, MBS SERVICES LIMITED reported net assets of £29.64K. The same filing shows total assets of £418.96K and total liabilities of £389.32K. Reported headcount was 6 in 2024. Total Assets fell from £445.38K in 2023 to £418.96K in 2024 (-5.93%). 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

£29.64K2024
-29.02%from £41.76K 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 MBS SERVICES LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£20.95K2022£29.64K2024
+41.5%vs 2022

+18.9% a year compound (CAGR)

Total Assets

£531.00K2022£418.96K2024
-21.1%vs 2022

-11.2% a year compound (CAGR)

Total Liabilities

£510.04K2022£389.32K2024
-23.7%vs 2022

-12.6% a year compound (CAGR)

Employees

6202262024
0%vs 2022

Biggest increase

Net Assets+41.5%

£20.95K in 2022 to £29.64K in 2024

Biggest decrease

Total Liabilities-23.7%

£510.04K in 2022 to £389.32K in 2024

MBS SERVICES LIMITED'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 MBS SERVICES 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
7.08%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
92.92%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.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for MBS SERVICES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£10.66K20.95K41.76K29.64K
Total Assets£623.65K531.00K445.38K418.96K
Cash in Bank£––––
Total Liabilities£612.99K510.04K403.61K389.32K
Employees6666

MBS SERVICES LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has MBS SERVICES LIMITED filed financial statements?

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Yes. Okredo holds filed figures for MBS SERVICES LIMITED covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.

What net assets did MBS SERVICES LIMITED report in 2024?

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MBS SERVICES LIMITED reported net assets of £29.64K for 2024. That compares with £41.76K in 2023, a change of -29.02%.

What total assets did MBS SERVICES LIMITED report in 2024?

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MBS SERVICES LIMITED reported total assets of £418.96K for 2024. That compares with £445.38K in 2023, a change of -5.93%.

What total liabilities did MBS SERVICES LIMITED report in 2024?

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MBS SERVICES LIMITED reported total liabilities of £389.32K for 2024. That compares with £403.61K in 2023, a change of -3.54%.

How many people does MBS SERVICES LIMITED employ?

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MBS SERVICES LIMITED reported 6 employees in 2024, compared with 6 in 2023.

How have MBS SERVICES LIMITED financials changed over the last 3 years?

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Between 2022 and 2024, MBS SERVICES LIMITED's net assets rose by 41.5%, total assets fell by 21.1%, total liabilities fell by 23.7% and employee numbers was unchanged. Net assets compounded at 18.9% a year across the two years to 2024, from £20.95K to £29.64K. Reported headcount went from 6 in 2022 to 6 in 2024.

Which years of MBS SERVICES LIMITED financial data are available?

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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.