MCCORMACK INNOVATION LTD Financials
- Company number
- SC530115Copy
Copy - Registered office
- Pentland House, Saltire Centre, Glenrothes KY6 2AH
- Incorporated
- 18/03/2016
Company snapshot
- Status
- Active
- Employees
- 4 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
5.61%vs 20242024: £83.77K
Total Assets
22.33%vs 20242024: £203.95K
Cash in Bank
140.89%vs 20242024: £4.13K
Total Liabilities
33.98%vs 20242024: £120.18K
Employees
0vs 20242024: 4
In 2025, MCCORMACK INNOVATION LTD reported net assets of £88.46K. The same filing shows total assets of £249.48K, cash in bank of £9.94K and total liabilities of £161.02K. Reported headcount was 4 in 2025. Total Assets rose from £203.95K in 2024 to £249.48K in 2025 (22.33%). Okredo holds filed figures for 2021–2025; 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
5.61%from £83.77K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures MCCORMACK INNOVATION LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+70.4%vs 2023+30.5% a year compound (CAGR)
Cash in Bank
+8327%vs 2023+818% a year compound (CAGR)
Total Assets
+42.8%vs 2023+19.5% a year compound (CAGR)
Total Liabilities
+31.2%vs 2023+14.5% a year compound (CAGR)
Employees
0%vs 2023Biggest increase
Cash in Bank+8327%
£118.00 in 2023 to £9.94K in 2025
Every measure that changed in MCCORMACK INNOVATION LTD's filings between 2023 and 2025 rose. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets and total liabilities climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MCCORMACK INNOVATION 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
- 35.46%2025
- Liabilities to total assets
- 64.54%2025
- Cash to liabilities
- 6.18%2025
- Cash to total assets
- 3.99%2025
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 MCCORMACK INNOVATION LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 84.70K | 63.15K | 51.93K | 83.77K | 88.46K |
| Total Assets£ | 189.69K | 135.05K | 174.67K | 203.95K | 249.48K |
| Cash in Bank£ | 80.03K | 601.00 | 118.00 | 4.13K | 9.94K |
| Total Liabilities£ | 104.99K | 71.89K | 122.74K | 120.18K | 161.02K |
| Employees | 4 | 4 | 4 | 4 | 4 |
MCCORMACK INNOVATION LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has MCCORMACK INNOVATION LTD filed financial statements?
Yes. Okredo holds filed figures for MCCORMACK INNOVATION LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
What net assets did MCCORMACK INNOVATION LTD report in 2025?
MCCORMACK INNOVATION LTD reported net assets of £88.46K for 2025. That compares with £83.77K in 2024, a change of 5.61%.
What total assets did MCCORMACK INNOVATION LTD report in 2025?
MCCORMACK INNOVATION LTD reported total assets of £249.48K for 2025. That compares with £203.95K in 2024, a change of 22.33%.
What cash in bank did MCCORMACK INNOVATION LTD report in 2025?
MCCORMACK INNOVATION LTD reported cash in bank of £9.94K for 2025. That compares with £4.13K in 2024, a change of 140.89%.
How many people does MCCORMACK INNOVATION LTD employ?
MCCORMACK INNOVATION LTD reported 4 employees in 2025, compared with 4 in 2024.
How have MCCORMACK INNOVATION LTD financials changed over the last 3 years?
Between 2023 and 2025, MCCORMACK INNOVATION LTD's net assets rose by 70.4%, cash in bank rose by 8327%, total assets rose by 42.8% and total liabilities rose by 31.2%. Net assets compounded at 30.5% a year across the two years to 2025, from £51.93K to £88.46K. Reported headcount went from 4 in 2023 to 4 in 2025.
Which years of MCCORMACK INNOVATION LTD financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.