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ME SPORTS IN THE COMMUNITY CIC Financials

Company number
12494736Copy
Copy
Registered office
Mayflower Close, Markfield, Leicester, Leicestershire LE67 9ST
Incorporated
03/03/2020

Company snapshot

Status
Active
Employees
14 (2024)
Latest financial data
2024
Accounts type
Micro Entity

Financial highlights

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

Net Assets

£37.34K2024
98.83%vs 2023

2023: £18.78K

Total Assets

£90.47K2024
114.72%vs 2023

2023: £42.13K

Cash in Bank

£45.22K2024
89.46%vs 2023

2023: £23.87K

Total Liabilities

£52.00K2024
130.54%vs 2023

2023: £22.55K

Employees

142024
+7vs 2023

2023: 7

In 2024, ME SPORTS IN THE COMMUNITY CIC reported net assets of £37.34K. The same filing shows total assets of £90.47K, cash in bank of £45.22K and total liabilities of £52.00K. Reported headcount was 14 in 2024. Total Assets rose from £42.13K in 2023 to £90.47K in 2024 (114.72%). 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

£37.34K2024
98.83%from £18.78K 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 SPORTS IN THE COMMUNITY CIC filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£8.13K2022£37.34K2024
+359%vs 2022

+114% a year compound (CAGR)

Cash in Bank

£20.72K2022£45.22K2024
+118%vs 2022

+47.7% a year compound (CAGR)

Total Assets

£20.94K2022£90.47K2024
+332%vs 2022

+108% a year compound (CAGR)

Total Liabilities

£12.81K2022£52.00K2024
+306%vs 2022

+101% a year compound (CAGR)

Employees

42022142024
+250%vs 2022+10

Biggest increase

Net Assets+359%

£8.13K in 2022 to £37.34K in 2024

Every indicator Okredo holds for ME SPORTS IN THE COMMUNITY CIC rose between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, with cash in bank, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from ME SPORTS IN THE COMMUNITY CIC'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
41.28%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
57.47%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
86.96%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
49.98%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 SPORTS IN THE COMMUNITY CIC by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£-3.44K8.13K18.78K37.34K
Total Assets£6.56K20.94K42.13K90.47K
Cash in Bank£6.33K20.72K23.87K45.22K
Total Liabilities£10.00K12.81K22.55K52.00K
Employees04714

ME SPORTS IN THE COMMUNITY CIC financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for ME SPORTS IN THE COMMUNITY CIC covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

ME SPORTS IN THE COMMUNITY CIC reported net assets of £37.34K for 2024. That compares with £18.78K in 2023, a change of 98.83%.

ME SPORTS IN THE COMMUNITY CIC reported total assets of £90.47K for 2024. That compares with £42.13K in 2023, a change of 114.72%.

ME SPORTS IN THE COMMUNITY CIC reported cash in bank of £45.22K for 2024. That compares with £23.87K in 2023, a change of 89.46%.

ME SPORTS IN THE COMMUNITY CIC reported 14 employees in 2024, compared with 7 in 2023.

Between 2022 and 2024, ME SPORTS IN THE COMMUNITY CIC's net assets rose by 359%, cash in bank rose by 118%, total assets rose by 332% and total liabilities rose by 306%. Net assets compounded at 114% a year across the two years to 2024, from £8.13K to £37.34K. Reported headcount went from 4 in 2022 to 14 in 2024 (+10).

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.