MCGARRITY BROS. LTD Financials
- Company number
- NI053062CopyCopy
- Registered office
- 15 Inishative Road, Sixmilecross, Omagh BT79 9HS
- Incorporated
- 24/11/2004
Company snapshot
- Status
- Active
- Employees
- 25 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
21.41%vs 20232023: £2.62M
Total Assets
30.43%vs 20232023: £6.29M
Cash in Bank
45.35%vs 20232023: £370.81K
Total Liabilities
46.87%vs 20232023: £1.40M
Employees
+1vs 20232023: 24
In 2024, MCGARRITY BROS. LTD reported net assets of £3.18M. The same filing shows total assets of £8.20M, cash in bank of £538.97K and total liabilities of £2.06M. Reported headcount was 25 in 2024. Total Assets rose from £6.29M in 2023 to £8.20M in 2024 (30.43%). 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
21.41%from £2.62M 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 MCGARRITY BROS. LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+66.2%vs 2022+28.9% a year compound (CAGR)
Cash in Bank
+65.5%vs 2022+28.6% a year compound (CAGR)
Total Assets
+53.1%vs 2022+23.7% a year compound (CAGR)
Total Liabilities
+20.9%vs 2022+10% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Net Assets+66.2%
£1.92M in 2022 to £3.18M in 2024
Every measure that changed in MCGARRITY BROS. LTD's filings between 2022 and 2024 rose. The steepest rise came in net assets, pointing to a strengthening balance sheet, with cash in bank, total assets and total liabilities climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MCGARRITY BROS. 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
- 38.80%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
- 25.06%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
- 26.22%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
- 6.57%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 MCGARRITY BROS. 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£ | 1.84M | 1.92M | 2.62M | 3.18M |
| Total Assets£ | 5.61M | 5.36M | 6.29M | 8.20M |
| Cash in Bank£ | 212.30K | 325.74K | 370.81K | 538.97K |
| Total Liabilities£ | 2.07M | 1.70M | 1.40M | 2.06M |
| Employees | 27 | 25 | 24 | 25 |
MCGARRITY BROS. LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MCGARRITY BROS. LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
MCGARRITY BROS. LTD reported net assets of £3.18M for 2024. That compares with £2.62M in 2023, a change of 21.41%.
MCGARRITY BROS. LTD reported total assets of £8.20M for 2024. That compares with £6.29M in 2023, a change of 30.43%.
MCGARRITY BROS. LTD reported cash in bank of £538.97K for 2024. That compares with £370.81K in 2023, a change of 45.35%.
MCGARRITY BROS. LTD reported 25 employees in 2024, compared with 24 in 2023.
Between 2022 and 2024, MCGARRITY BROS. LTD's net assets rose by 66.2%, cash in bank rose by 65.5%, total assets rose by 53.1% and total liabilities rose by 20.9%. Net assets compounded at 28.9% a year across the two years to 2024, from £1.92M to £3.18M. Reported headcount went from 25 in 2022 to 25 in 2024.
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.