MECMESIN LIMITED Financials
- Company number
- 01302639CopyCopy
- Registered office
- Newton House, Spring Copse Business Park, Slinfold, West Sussex RH13 0SZ
- Incorporated
- 14/03/1977
Company snapshot
- Status
- Active
- Employees
- 2 (2024)
- Latest financial data
- 2024
- Accounts type
- Audit Exemption Subsidiary
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-98.10%vs 20232023: £7.18M
Total Assets
First reported yearCash in Bank
First reported yearTotal Liabilities
No changevs 20232023: £0.00
Employees
-2vs 20232023: 4
In 2024, MECMESIN LIMITED reported net assets of £136.14K. The same filing shows total assets of £9.15M, cash in bank of £1.08M and total liabilities of £0.00. Reported headcount was 2 in 2024. Net Assets fell from £7.18M in 2023 to £136.14K in 2024 (-98.10%). 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
-98.10%from £7.18M in 2023Year-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 MECMESIN LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-98.1%vs 2022-86.2% a year compound (CAGR)
Employees
-92.3%vs 2022-24Biggest decrease
Net Assets-98.1%
£7.18M in 2022 to £136.14K in 2024
Every indicator Okredo holds for MECMESIN LIMITED fell between 2022 and 2024. The steepest fall came in net assets, pointing to a weakening balance sheet, with employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MECMESIN 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
- 73.83%2021
- 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
- 24.48%2021
- 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
- 48.02%2021
- 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
- 11.76%2021
- 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 MECMESIN 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£ | 6.76M | 7.18M | 7.18M | 136.14K |
| Total Assets£ | 9.15M | – | – | – |
| Cash in Bank£ | 1.08M | – | – | – |
| Total Liabilities£ | 2.24M | – | 0.00 | 0.00 |
| Employees | 72 | 26 | 4 | 2 |
MECMESIN LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MECMESIN LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
MECMESIN LIMITED reported net assets of £136.14K for 2024. That compares with £7.18M in 2023, a change of -98.10%.
MECMESIN LIMITED reported total assets of £9.15M for 2021. There is no earlier filing to compare it against.
MECMESIN LIMITED reported cash in bank of £1.08M for 2021. There is no earlier filing to compare it against.
MECMESIN LIMITED reported 2 employees in 2024, compared with 4 in 2023.
Between 2022 and 2024, MECMESIN LIMITED's net assets fell by 98.1% and employee numbers fell by 92.3%. Net assets contracted at 86.2% a year across the two years to 2024, from £7.18M to £136.14K. Reported headcount went from 26 in 2022 to 2 in 2024 (-24).
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.