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ME&U APP UK LIMITED Financials

Company number
13016888Copy
Copy
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

£-4.33M2024
-19.10%vs 2023

2023: £-3.64M

Total Assets

£713.44K2024
-21.07%vs 2023

2023: £903.87K

Cash in Bank

£349.06K2024
-24.02%vs 2023

2023: £459.43K

Total Liabilities

£4.94M2024
11.73%vs 2023

2023: £4.42M

Employees

82024
-9vs 2023

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

£-4.33M2024
-19.10%from £-3.64M 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 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

£-2.29M2022£-4.33M2024
Decreasedvs 2022

Cash in Bank

£341.72K2022£349.06K2024
+2.2%vs 2022

+1.1% a year compound (CAGR)

Total Assets

£759.81K2022£713.44K2024
-6.1%vs 2022

-3.1% a year compound (CAGR)

Total Liabilities

£2.92M2022£4.94M2024
+69.2%vs 2022

+30.1% a year compound (CAGR)

Employees

26202282024
-69.2%vs 2022-18

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.

Indicator2021202220232024
Net Assets£-493.55K-2.29M-3.64M-4.33M
Total Assets£182.24K759.81K903.87K713.44K
Cash in Bank£136.45K341.72K459.43K349.06K
Total Liabilities£675.79K2.92M4.42M4.94M
Employees926178

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.