ME&U APP UK LIMITED Financials
- Company number
- 13016888CopyCopy
- Registered office
- C/O Irwin Mitchell Llp Riverside East, 2 Millsands, Sheffield, South Yorkshire S3 8DT
- Incorporated
- 13/11/2020
Company snapshot
- Status
- Active
- Employees
- 8 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
2023: £-3.64M
Total Assets
2023: £903.87K
Cash in Bank
2023: £459.43K
Total Liabilities
2023: £4.42M
Employees
2023: 17
In 2024, ME&U APP UK LIMITED reported net assets of £-4.33M. The same filing shows total assets of £713.44K, cash in bank of £349.06K and total liabilities of £4.94M. Reported headcount was 8 in 2024. Net Assets fell from £-3.64M in 2023 to £-4.33M in 2024 (-19.10%). 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
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 ME&U APP UK LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Cash in Bank
+1.1% a year compound (CAGR)
Total Assets
-3.1% a year compound (CAGR)
Total Liabilities
+30.1% a year compound (CAGR)
Employees
Biggest increase
Total Liabilities+69.2%
£2.92M in 2022 to £4.94M in 2024
Biggest decrease
Employees-69.2%
26 in 2022 to 8 in 2024
ME&U APP UK LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from ME&U APP UK 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
- -607.49%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
- 692.32%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
- 7.07%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
- 48.93%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 ME&U APP UK 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£ | -493.55K | -2.29M | -3.64M | -4.33M |
| Total Assets£ | 182.24K | 759.81K | 903.87K | 713.44K |
| Cash in Bank£ | 136.45K | 341.72K | 459.43K | 349.06K |
| Total Liabilities£ | 675.79K | 2.92M | 4.42M | 4.94M |
| Employees | 9 | 26 | 17 | 8 |
ME&U APP UK LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for ME&U APP UK LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
ME&U APP UK LIMITED reported net assets of £-4.33M for 2024. That compares with £-3.64M in 2023, a change of -19.10%.
ME&U APP UK LIMITED reported total assets of £713.44K for 2024. That compares with £903.87K in 2023, a change of -21.07%.
ME&U APP UK LIMITED reported cash in bank of £349.06K for 2024. That compares with £459.43K in 2023, a change of -24.02%.
ME&U APP UK LIMITED reported 8 employees in 2024, compared with 17 in 2023.
Between 2022 and 2024, ME&U APP UK LIMITED's cash in bank rose by 2.2%, total assets fell by 6.1%, total liabilities rose by 69.2% and employee numbers fell by 69.2%. Cash in bank compounded at 1.1% a year across the two years to 2024, from £341.72K to £349.06K. Reported headcount went from 26 in 2022 to 8 in 2024 (-18).
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.