MCDOWELL ENGINEERING SERVICES LIMITED Financials
- Company number
- SC160437Copy
Copy - Registered office
- Unit 2 Block 4, Ward Street, Alloa, Clackmannanshire FK10 1ET
- Incorporated
- 19/09/1995
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
-37.75%vs 20232023: £64.44K
Total Assets
-25.81%vs 20232023: £138.20K
Cash in Bank
-12.05%vs 20232023: £16.05K
Total Liabilities
-15.37%vs 20232023: £73.76K
Employees
0vs 20232023: 4
In 2024, MCDOWELL ENGINEERING SERVICES LIMITED reported net assets of £40.11K. The same filing shows total assets of £102.54K, cash in bank of £14.11K and total liabilities of £62.42K. Reported headcount was 4 in 2024. Total Assets fell from £138.20K in 2023 to £102.54K in 2024 (-25.81%). 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
-37.75%from £64.44K 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 MCDOWELL ENGINEERING SERVICES LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-49.9%vs 2022-29.2% a year compound (CAGR)
Cash in Bank
-15.5%vs 2022-8.1% a year compound (CAGR)
Total Assets
-20.3%vs 2022-10.7% a year compound (CAGR)
Total Liabilities
+28.5%vs 2022+13.4% a year compound (CAGR)
Employees
-33.3%vs 2022-2Biggest increase
Total Liabilities+28.5%
£48.56K in 2022 to £62.42K in 2024
Biggest decrease
Net Assets-49.9%
£80.06K in 2022 to £40.11K in 2024
MCDOWELL ENGINEERING SERVICES LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, 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 MCDOWELL ENGINEERING 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
- 39.12%2024
- Liabilities to total assets
- 60.88%2024
- Cash to liabilities
- 22.61%2024
- Cash to total assets
- 13.76%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 MCDOWELL ENGINEERING SERVICES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 102.23K | 80.06K | 64.44K | 40.11K |
| Total Assets£ | 145.39K | 128.62K | 138.20K | 102.54K |
| Cash in Bank£ | 22.41K | 16.71K | 16.05K | 14.11K |
| Total Liabilities£ | 43.16K | 48.56K | 73.76K | 62.42K |
| Employees | 7 | 6 | 4 | 4 |
MCDOWELL ENGINEERING SERVICES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has MCDOWELL ENGINEERING SERVICES LIMITED filed financial statements?
Yes. Okredo holds filed figures for MCDOWELL ENGINEERING SERVICES LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did MCDOWELL ENGINEERING SERVICES LIMITED report in 2024?
MCDOWELL ENGINEERING SERVICES LIMITED reported net assets of £40.11K for 2024. That compares with £64.44K in 2023, a change of -37.75%.
What total assets did MCDOWELL ENGINEERING SERVICES LIMITED report in 2024?
MCDOWELL ENGINEERING SERVICES LIMITED reported total assets of £102.54K for 2024. That compares with £138.20K in 2023, a change of -25.81%.
What cash in bank did MCDOWELL ENGINEERING SERVICES LIMITED report in 2024?
MCDOWELL ENGINEERING SERVICES LIMITED reported cash in bank of £14.11K for 2024. That compares with £16.05K in 2023, a change of -12.05%.
How many people does MCDOWELL ENGINEERING SERVICES LIMITED employ?
MCDOWELL ENGINEERING SERVICES LIMITED reported 4 employees in 2024, compared with 4 in 2023.
How have MCDOWELL ENGINEERING SERVICES LIMITED financials changed over the last 3 years?
Between 2022 and 2024, MCDOWELL ENGINEERING SERVICES LIMITED's net assets fell by 49.9%, cash in bank fell by 15.5%, total assets fell by 20.3% and total liabilities rose by 28.5%. Net assets contracted at 29.2% a year across the two years to 2024, from £80.06K to £40.11K. Reported headcount went from 6 in 2022 to 4 in 2024 (-2).
Which years of MCDOWELL ENGINEERING SERVICES LIMITED financial data are available?
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.