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MCS AUTO LTD Financials

Company number
11091778Copy
Copy
Registered office
1 Lansdowne Road, Tottenham, London N17 0LL
Incorporated
01/12/2017

Company snapshot

Status
Active
Employees
3 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£44.76K2024
120.93%vs 2023

2023: £20.26K

Total Assets

£90.39K2024
75.37%vs 2023

2023: £51.54K

Cash in Bank

£49.78K2024
30.92%vs 2023

2023: £38.02K

Total Liabilities

£45.64K2024
45.87%vs 2023

2023: £31.29K

Employees

32024
0vs 2023

2023: 3

In 2024, MCS AUTO LTD reported net assets of £44.76K. The same filing shows total assets of £90.39K, cash in bank of £49.78K and total liabilities of £45.64K. Reported headcount was 3 in 2024. Total Assets rose from £51.54K in 2023 to £90.39K in 2024 (75.37%). 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

£44.76K2024
120.93%from £20.26K in 2023

Year-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 MCS AUTO LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£16.33K2022£44.76K2024
+174%vs 2022

+65.6% a year compound (CAGR)

Cash in Bank

£46.33K2022£49.78K2024
+7.4%vs 2022

+3.7% a year compound (CAGR)

Total Assets

£58.28K2022£90.39K2024
+55.1%vs 2022

+24.5% a year compound (CAGR)

Total Liabilities

£41.95K2022£45.64K2024
+8.8%vs 2022

+4.3% a year compound (CAGR)

Employees

3202232024
0%vs 2022

Biggest increase

Net Assets+174%

£16.33K in 2022 to £44.76K in 2024

Every measure that changed in MCS AUTO LTD's filings between 2022 and 2024 rose. The steepest rise came in net assets, pointing to a strengthening balance sheet, with cash in bank, total assets and total liabilities climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from MCS AUTO 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
49.51%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
50.49%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
109.07%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
55.07%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 MCS AUTO LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£12.91K16.33K20.26K44.76K
Total Assets£70.65K58.28K51.54K90.39K
Cash in Bank£34.03K46.33K38.02K49.78K
Total Liabilities£57.74K41.95K31.29K45.64K
Employees3333

MCS AUTO LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for MCS AUTO LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

MCS AUTO LTD reported net assets of £44.76K for 2024. That compares with £20.26K in 2023, a change of 120.93%.

MCS AUTO LTD reported total assets of £90.39K for 2024. That compares with £51.54K in 2023, a change of 75.37%.

MCS AUTO LTD reported cash in bank of £49.78K for 2024. That compares with £38.02K in 2023, a change of 30.92%.

MCS AUTO LTD reported 3 employees in 2024, compared with 3 in 2023.

Between 2022 and 2024, MCS AUTO LTD's net assets rose by 174%, cash in bank rose by 7.4%, total assets rose by 55.1% and total liabilities rose by 8.8%. Net assets compounded at 65.6% a year across the two years to 2024, from £16.33K to £44.76K. Reported headcount went from 3 in 2022 to 3 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.