MCHUGHS TYRES AND FUEL LTD Financials
- Company number
- NI614962CopyCopy
- Registered office
- 15 Railway Street, Strabane, Co. Tyrone BT82 8EG
- Incorporated
- 15/10/2012
Company snapshot
- Status
- Active
- Employees
- 9 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
6.21%vs 20232023: £534.35K
Total Assets
28.24%vs 20232023: £1.03M
Cash in Bank
-45.23%vs 20232023: £88.89K
Total Liabilities
-2.89%vs 20232023: £307.35K
Employees
0vs 20232023: 9
In 2024, MCHUGHS TYRES AND FUEL LTD reported net assets of £567.54K. The same filing shows total assets of £1.32M, cash in bank of £48.68K and total liabilities of £298.46K. Reported headcount was 9 in 2024. Total Assets rose from £1.03M in 2023 to £1.32M in 2024 (28.24%). 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
6.21%from £534.35K 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 MCHUGHS TYRES AND FUEL LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+20.4%vs 2022+9.7% a year compound (CAGR)
Cash in Bank
-4.1%vs 2022-2.1% a year compound (CAGR)
Total Assets
+21.5%vs 2022+10.2% a year compound (CAGR)
Total Liabilities
-31.1%vs 2022-17% a year compound (CAGR)
Employees
-10%vs 2022-1Biggest increase
Total Assets+21.5%
£1.09M in 2022 to £1.32M in 2024
Biggest decrease
Total Liabilities-31.1%
£433.08K in 2022 to £298.46K in 2024
MCHUGHS TYRES AND FUEL LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in total assets, pointing to a broader asset base, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MCHUGHS TYRES AND FUEL 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
- 43.05%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.
- Liabilities to total assets
- 22.64%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
- 16.31%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
- 3.69%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 MCHUGHS TYRES AND FUEL 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£ | 305.16K | 471.27K | 534.35K | 567.54K |
| Total Assets£ | 819.05K | 1.09M | 1.03M | 1.32M |
| Cash in Bank£ | 53.83K | 50.78K | 88.89K | 48.68K |
| Total Liabilities£ | 335.96K | 433.08K | 307.35K | 298.46K |
| Employees | 12 | 10 | 9 | 9 |
MCHUGHS TYRES AND FUEL LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MCHUGHS TYRES AND FUEL LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
MCHUGHS TYRES AND FUEL LTD reported net assets of £567.54K for 2024. That compares with £534.35K in 2023, a change of 6.21%.
MCHUGHS TYRES AND FUEL LTD reported total assets of £1.32M for 2024. That compares with £1.03M in 2023, a change of 28.24%.
MCHUGHS TYRES AND FUEL LTD reported cash in bank of £48.68K for 2024. That compares with £88.89K in 2023, a change of -45.23%.
MCHUGHS TYRES AND FUEL LTD reported 9 employees in 2024, compared with 9 in 2023.
Between 2022 and 2024, MCHUGHS TYRES AND FUEL LTD's net assets rose by 20.4%, cash in bank fell by 4.1%, total assets rose by 21.5% and total liabilities fell by 31.1%. Net assets compounded at 9.7% a year across the two years to 2024, from £471.27K to £567.54K. Reported headcount went from 10 in 2022 to 9 in 2024 (-1).
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.