MCGREEVY ENGINEERING LTD Financials
- Company number
- NI065770CopyCopy
- Industry
- Machining (25.62 - SIC 2007)
- Registered office
- Maryland Industrial Estate 286 Ballygowan Road, Moneyrea, Belfast BT23 6BL
- Incorporated
- 01/08/2007
Company snapshot
- Status
- Active
- Employees
- 9 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
- Industry
- Machining (25.62 - SIC 2007)
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-21.46%vs 20232023: £110.26K
Total Assets
5.11%vs 20232023: £413.01K
Total Liabilities
70.25%vs 20232023: £-77.09K
Employees
0vs 20232023: 9
In 2024, MCGREEVY ENGINEERING LTD reported net assets of £86.60K. The same filing shows total assets of £434.13K and total liabilities of £-22.94K. Reported headcount was 9 in 2024. Total Liabilities rose from £-77.09K in 2023 to £-22.94K in 2024 (70.25%). 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
-21.46%from £110.26K 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 MCGREEVY ENGINEERING LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-17.9%vs 2022-9.4% a year compound (CAGR)
Total Assets
-4.6%vs 2022-2.3% a year compound (CAGR)
Total Liabilities
Increasedvs 2022Employees
0%vs 2022Biggest decrease
Net Assets-17.9%
£105.42K in 2022 to £86.60K in 2024
MCGREEVY ENGINEERING LTD's filings pull in both directions between 2022 and 2024. The steepest fall came in net assets, pointing to a weakening balance sheet, with total assets falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MCGREEVY ENGINEERING 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
- 19.95%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
- -5.28%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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for MCGREEVY ENGINEERING 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£ | 253.98K | 105.42K | 110.26K | 86.60K |
| Total Assets£ | 502.54K | 455.24K | 413.01K | 434.13K |
| Cash in Bank£ | – | – | – | – |
| Total Liabilities£ | 49.29K | -105.05K | -77.09K | -22.94K |
| Employees | 9 | 9 | 9 | 9 |
MCGREEVY ENGINEERING LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MCGREEVY ENGINEERING LTD covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.
MCGREEVY ENGINEERING LTD reported net assets of £86.60K for 2024. That compares with £110.26K in 2023, a change of -21.46%.
MCGREEVY ENGINEERING LTD reported total assets of £434.13K for 2024. That compares with £413.01K in 2023, a change of 5.11%.
MCGREEVY ENGINEERING LTD reported total liabilities of £-22.94K for 2024. That compares with £-77.09K in 2023, a change of 70.25%.
MCGREEVY ENGINEERING LTD reported 9 employees in 2024, compared with 9 in 2023.
Between 2022 and 2024, MCGREEVY ENGINEERING LTD's net assets fell by 17.9%, total assets fell by 4.6% and employee numbers was unchanged. Net assets contracted at 9.4% a year across the two years to 2024, from £105.42K to £86.60K. Reported headcount went from 9 in 2022 to 9 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.