MCGILL MICROWAVE SYSTEMS LTD Financials
- Company number
- SC630441CopyCopy
- Registered office
- 17 West Vows Walk, Kirkcaldy, Fife KY1 1RX
- Incorporated
- 14/05/2019
Company snapshot
- Status
- Active
- Employees
- 12 (2025)
- Latest financial data
- 2025
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
15.64%vs 20242024: £2.50M
Total Assets
22.53%vs 20242024: £3.53M
Cash in Bank
47.09%vs 20242024: £1.43M
Total Liabilities
40.49%vs 20242024: £841.19K
Employees
+5vs 20242024: 7
In 2025, MCGILL MICROWAVE SYSTEMS LTD reported net assets of £2.89M. The same filing shows total assets of £4.33M, cash in bank of £2.10M and total liabilities of £1.18M. Reported headcount was 12 in 2025. Total Assets rose from £3.53M in 2024 to £4.33M in 2025 (22.53%). 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
15.64%from £2.50M 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 MCGILL MICROWAVE SYSTEMS LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+13%vs 2023+6.3% a year compound (CAGR)
Cash in Bank
+67.6%vs 2023+29.5% a year compound (CAGR)
Total Assets
+40.2%vs 2023+18.4% a year compound (CAGR)
Total Liabilities
+144%vs 2023+56.1% a year compound (CAGR)
Employees
+71.4%vs 2023+5Biggest increase
Total Liabilities+144%
£484.70K in 2023 to £1.18M in 2025
Every indicator Okredo holds for MCGILL MICROWAVE SYSTEMS LTD rose between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, with net assets, cash in bank, total assets and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MCGILL MICROWAVE SYSTEMS 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
- 66.69%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.
- Liabilities to total assets
- 27.31%2025
- 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
- 177.36%2025
- 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
- 48.44%2025
- 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 MCGILL MICROWAVE SYSTEMS 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£ | 837.52K | 1.76M | 2.55M | 2.50M | 2.89M |
| Total Assets£ | 1.32M | 2.82M | 3.09M | 3.53M | 4.33M |
| Cash in Bank£ | 635.21K | 1.44M | 1.25M | 1.43M | 2.10M |
| Total Liabilities£ | 448.01K | 1.01M | 484.70K | 841.19K | 1.18M |
| Employees | 3 | 7 | 7 | 7 | 12 |
MCGILL MICROWAVE SYSTEMS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MCGILL MICROWAVE SYSTEMS LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
MCGILL MICROWAVE SYSTEMS LTD reported net assets of £2.89M for 2025. That compares with £2.50M in 2024, a change of 15.64%.
MCGILL MICROWAVE SYSTEMS LTD reported total assets of £4.33M for 2025. That compares with £3.53M in 2024, a change of 22.53%.
MCGILL MICROWAVE SYSTEMS LTD reported cash in bank of £2.10M for 2025. That compares with £1.43M in 2024, a change of 47.09%.
MCGILL MICROWAVE SYSTEMS LTD reported 12 employees in 2025, compared with 7 in 2024.
Between 2023 and 2025, MCGILL MICROWAVE SYSTEMS LTD's net assets rose by 13%, cash in bank rose by 67.6%, total assets rose by 40.2% and total liabilities rose by 144%. Net assets compounded at 6.3% a year across the two years to 2025, from £2.55M to £2.89M. Reported headcount went from 7 in 2023 to 12 in 2025 (+5).
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.