MCHB WEALTH MANAGEMENT LIMITED Financials
- Company number
- SC105200Copy
Copy - Registered office
- Merlin House, Necessity Brae, Perth PH2 0PF
- Incorporated
- 15/06/1987
Company snapshot
- Status
- Active
- Employees
- 32 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-69.04%vs 20232023: £2.07M
Total Assets
-46.84%vs 20232023: £2.88M
Cash in Bank
-99.64%vs 20232023: £201.37K
Total Liabilities
11.55%vs 20232023: £778.96K
Employees
-3vs 20232023: 35
In 2024, MCHB WEALTH MANAGEMENT LIMITED reported net assets of £640.67K. The same filing shows total assets of £1.53M, cash in bank of £723.00 and total liabilities of £868.96K. Reported headcount was 32 in 2024. Net Assets fell from £2.07M in 2023 to £640.67K in 2024 (-69.04%). 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
-69.04%from £2.07M 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 MCHB WEALTH MANAGEMENT LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-68.2%vs 2022-43.6% a year compound (CAGR)
Cash in Bank
-98.5%vs 2022-87.8% a year compound (CAGR)
Total Assets
-53.4%vs 2022-31.7% a year compound (CAGR)
Total Liabilities
-29.5%vs 2022-16% a year compound (CAGR)
Employees
-8.6%vs 2022-3Biggest decrease
Cash in Bank-98.5%
£48.81K in 2022 to £723.00 in 2024
Every indicator Okredo holds for MCHB WEALTH MANAGEMENT LIMITED fell between 2022 and 2024. The steepest fall came in cash in bank, pointing to a tighter cash position, with net assets, total assets, total liabilities and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MCHB WEALTH MANAGEMENT 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
- 41.85%2024
- Liabilities to total assets
- 56.76%2024
- Cash to liabilities
- 0.08%2024
- Cash to total assets
- 0.05%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 MCHB WEALTH MANAGEMENT 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£ | 1.99M | 2.01M | 2.07M | 640.67K |
| Total Assets£ | 3.98M | 3.28M | 2.88M | 1.53M |
| Cash in Bank£ | 121.12K | 48.81K | 201.37K | 723.00 |
| Total Liabilities£ | 1.96M | 1.23M | 778.96K | 868.96K |
| Employees | 36 | 35 | 35 | 32 |
MCHB WEALTH MANAGEMENT LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has MCHB WEALTH MANAGEMENT LIMITED filed financial statements?
Yes. Okredo holds filed figures for MCHB WEALTH MANAGEMENT LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did MCHB WEALTH MANAGEMENT LIMITED report in 2024?
MCHB WEALTH MANAGEMENT LIMITED reported net assets of £640.67K for 2024. That compares with £2.07M in 2023, a change of -69.04%.
What total assets did MCHB WEALTH MANAGEMENT LIMITED report in 2024?
MCHB WEALTH MANAGEMENT LIMITED reported total assets of £1.53M for 2024. That compares with £2.88M in 2023, a change of -46.84%.
What cash in bank did MCHB WEALTH MANAGEMENT LIMITED report in 2024?
MCHB WEALTH MANAGEMENT LIMITED reported cash in bank of £723.00 for 2024. That compares with £201.37K in 2023, a change of -99.64%.
How many people does MCHB WEALTH MANAGEMENT LIMITED employ?
MCHB WEALTH MANAGEMENT LIMITED reported 32 employees in 2024, compared with 35 in 2023.
How have MCHB WEALTH MANAGEMENT LIMITED financials changed over the last 3 years?
Between 2022 and 2024, MCHB WEALTH MANAGEMENT LIMITED's net assets fell by 68.2%, cash in bank fell by 98.5%, total assets fell by 53.4% and total liabilities fell by 29.5%. Net assets contracted at 43.6% a year across the two years to 2024, from £2.01M to £640.67K. Reported headcount went from 35 in 2022 to 32 in 2024 (-3).
Which years of MCHB WEALTH MANAGEMENT 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.