ME&U UK TRADING LTD Financials
- Company number
- 13055559CopyCopy
- Registered office
- C/O Irwin Mitchell Llp Riverside East, 2 Millsands, Sheffield, South Yorkshire S3 8DT
- Incorporated
- 02/12/2020
Company snapshot
- Status
- Active
- Employees
- 19 (2024)
- Latest financial data
- 2024
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
2023: £-6.39M
Total Assets
2023: £1.22M
Cash in Bank
2023: £172.25K
Total Liabilities
2023: £7.61M
Employees
2023: 19
In 2024, ME&U UK TRADING LTD reported net assets of £-7.04M. The same filing shows total assets of £967.27K, cash in bank of £63.74K and total liabilities of £8.01M. Reported headcount was 19 in 2024. Net Assets fell from £-6.39M in 2023 to £-7.04M in 2024 (-10.11%). 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 UK TRADING LTD 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
-67% a year compound (CAGR)
Total Assets
-18.6% a year compound (CAGR)
Total Liabilities
+19.3% a year compound (CAGR)
Employees
Biggest increase
Total Liabilities+42.2%
£5.63M in 2022 to £8.01M in 2024
Biggest decrease
Cash in Bank-89.1%
£586.00K in 2022 to £63.74K in 2024
ME&U UK TRADING LTD'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 cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from ME&U UK TRADING 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
- -727.62%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
- 827.62%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
- 0.80%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
- 6.59%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 UK TRADING 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£ | -520.67K | -4.17M | -6.39M | -7.04M |
| Total Assets£ | 510.96K | 1.46M | 1.22M | 967.27K |
| Cash in Bank£ | 408.89K | 586.00K | 172.25K | 63.74K |
| Total Liabilities£ | 1.03M | 5.63M | 7.61M | 8.01M |
| Employees | 6 | 24 | 19 | 19 |
ME&U UK TRADING LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for ME&U UK TRADING LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
ME&U UK TRADING LTD reported net assets of £-7.04M for 2024. That compares with £-6.39M in 2023, a change of -10.11%.
ME&U UK TRADING LTD reported total assets of £967.27K for 2024. That compares with £1.22M in 2023, a change of -20.74%.
ME&U UK TRADING LTD reported cash in bank of £63.74K for 2024. That compares with £172.25K in 2023, a change of -62.99%.
ME&U UK TRADING LTD reported 19 employees in 2024, compared with 19 in 2023.
Between 2022 and 2024, ME&U UK TRADING LTD's cash in bank fell by 89.1%, total assets fell by 33.7%, total liabilities rose by 42.2% and employee numbers fell by 20.8%. Cash in bank contracted at 67% a year across the two years to 2024, from £586.00K to £63.74K. Reported headcount went from 24 in 2022 to 19 in 2024 (-5).
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.