MEC SCAFFOLDING LIMITED Financials
- Company number
- 07692626CopyCopy
- Registered office
- 60 Newland Street, Coleford GL16 8AL
- Incorporated
- 04/07/2011
Company snapshot
- Status
- Active
- Employees
- 22 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2024.
Net Assets
-4.75%vs 20232023: £1.08M
Total Assets
-0.52%vs 20232023: £2.06M
Cash in Bank
-31.98%vs 20232023: £247.08K
Total Liabilities
-6.98%vs 20232023: £595.27K
Employees
0vs 20232023: 22
In 2024, MEC SCAFFOLDING LIMITED reported net assets of £1.03M. The same filing shows total assets of £2.05M, cash in bank of £168.07K and total liabilities of £553.74K. Reported headcount was 22 in 2024. Cash in Bank fell from £247.08K in 2023 to £168.07K in 2024 (-31.98%). Okredo holds filed figures for 2022–2024; 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
-4.75%from £1.08M in 2023Year-on-year change
Net Assets as filed for 2022–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures MEC SCAFFOLDING LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+7.1%vs 2022+3.5% a year compound (CAGR)
Cash in Bank
-27.7%vs 2022-15% a year compound (CAGR)
Total Assets
+43.6%vs 2022+19.8% a year compound (CAGR)
Total Liabilities
+184%vs 2022+68.6% a year compound (CAGR)
Employees
+4.8%vs 2022+1Biggest increase
Total Liabilities+184%
£194.82K in 2022 to £553.74K in 2024
Biggest decrease
Cash in Bank-27.7%
£232.36K in 2022 to £168.07K in 2024
MEC SCAFFOLDING 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 cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MEC SCAFFOLDING 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
- 50.14%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
- 27.02%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
- 30.35%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
- 8.20%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 MEC SCAFFOLDING LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 |
|---|---|---|---|
| Net Assets£ | 959.68K | 1.08M | 1.03M |
| Total Assets£ | 1.43M | 2.06M | 2.05M |
| Cash in Bank£ | 232.36K | 247.08K | 168.07K |
| Total Liabilities£ | 194.82K | 595.27K | 553.74K |
| Employees | 21 | 22 | 22 |
MEC SCAFFOLDING LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MEC SCAFFOLDING LIMITED covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.
MEC SCAFFOLDING LIMITED reported net assets of £1.03M for 2024. That compares with £1.08M in 2023, a change of -4.75%.
MEC SCAFFOLDING LIMITED reported total assets of £2.05M for 2024. That compares with £2.06M in 2023, a change of -0.52%.
MEC SCAFFOLDING LIMITED reported cash in bank of £168.07K for 2024. That compares with £247.08K in 2023, a change of -31.98%.
MEC SCAFFOLDING LIMITED reported 22 employees in 2024, compared with 22 in 2023.
Between 2022 and 2024, MEC SCAFFOLDING LIMITED's net assets rose by 7.1%, cash in bank fell by 27.7%, total assets rose by 43.6% and total liabilities rose by 184%. Net assets compounded at 3.5% a year across the two years to 2024, from £959.68K to £1.03M. Reported headcount went from 21 in 2022 to 22 in 2024 (+1).
Okredo holds reported figures for the years 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.