MCGRATH (COCKERMOUTH) LIMITED Financials
- Company number
- 04567173CopyCopy
- Registered office
- Unit 7b Lakeland Business Park, Lamplugh Road, Cockermouth, Cumbria CA13 0QT
- Incorporated
- 18/10/2002
Company snapshot
- Status
- Active
- Employees
- 3 (2023)
- Latest financial data
- 2023
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-9.05%vs 20222022: £384.91K
Total Assets
-0.33%vs 20222022: £446.77K
Cash in Bank
0.85%vs 20222022: £421.49K
Total Liabilities
53.98%vs 20222022: £61.86K
Employees
0vs 20222022: 3
In 2023, MCGRATH (COCKERMOUTH) LIMITED reported net assets of £350.06K. The same filing shows total assets of £445.31K, cash in bank of £425.07K and total liabilities of £95.25K. Reported headcount was 3 in 2023. Net Assets fell from £384.91K in 2022 to £350.06K in 2023 (-9.05%). Okredo holds filed figures for 2021–2023; 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
-9.05%from £384.91K in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures MCGRATH (COCKERMOUTH) LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-19.6%vs 2021-10.3% a year compound (CAGR)
Cash in Bank
-8.9%vs 2021-4.5% a year compound (CAGR)
Total Assets
-9.5%vs 2021-4.9% a year compound (CAGR)
Total Liabilities
+68%vs 2021+29.6% a year compound (CAGR)
Employees
0%vs 2021Biggest increase
Total Liabilities+68%
£56.71K in 2021 to £95.25K in 2023
Biggest decrease
Net Assets-19.6%
£435.55K in 2021 to £350.06K in 2023
MCGRATH (COCKERMOUTH) LIMITED's filings pull in both directions between 2021 and 2023. 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 MCGRATH (COCKERMOUTH) 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
- 78.61%2023
- 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
- 21.39%2023
- 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
- 446.25%2023
- 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
- 95.45%2023
- 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 MCGRATH (COCKERMOUTH) LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 435.55K | 384.91K | 350.06K |
| Total Assets£ | 492.25K | 446.77K | 445.31K |
| Cash in Bank£ | 466.46K | 421.49K | 425.07K |
| Total Liabilities£ | 56.71K | 61.86K | 95.25K |
| Employees | 3 | 3 | 3 |
MCGRATH (COCKERMOUTH) LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MCGRATH (COCKERMOUTH) LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
MCGRATH (COCKERMOUTH) LIMITED reported net assets of £350.06K for 2023. That compares with £384.91K in 2022, a change of -9.05%.
MCGRATH (COCKERMOUTH) LIMITED reported total assets of £445.31K for 2023. That compares with £446.77K in 2022, a change of -0.33%.
MCGRATH (COCKERMOUTH) LIMITED reported cash in bank of £425.07K for 2023. That compares with £421.49K in 2022, a change of 0.85%.
MCGRATH (COCKERMOUTH) LIMITED reported 3 employees in 2023, compared with 3 in 2022.
Between 2021 and 2023, MCGRATH (COCKERMOUTH) LIMITED's net assets fell by 19.6%, cash in bank fell by 8.9%, total assets fell by 9.5% and total liabilities rose by 68%. Net assets contracted at 10.3% a year across the two years to 2023, from £435.55K to £350.06K. Reported headcount went from 3 in 2021 to 3 in 2023.
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.