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MEDICAL AIR TECHNOLOGY LIMITED Financials

Company number
04325278Copy
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Registered office
Unit 2 Mercury Way, Trafford Park, Manchester, Greater Manchester M41 7LY
Incorporated
20/11/2001

Company snapshot

Status
Active
Employees
14 (2025)
Latest financial data
2025
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£-1.04M2025
27.54%vs 2024

2024: £-1.43M

Total Assets

£2.26M2025
14.18%vs 2024

2024: £1.98M

Cash in Bank

£2.96K2025
-98.13%vs 2024

2024: £157.72K

Total Liabilities

£3.30M2025
-3.31%vs 2024

2024: £3.41M

Employees

142025
-5vs 2024

2024: 19

In 2025, MEDICAL AIR TECHNOLOGY LIMITED reported net assets of £-1.04M. The same filing shows total assets of £2.26M, cash in bank of £2.96K and total liabilities of £3.30M. Reported headcount was 14 in 2025. Net Assets rose from £-1.43M in 2024 to £-1.04M in 2025 (27.54%). Okredo holds filed figures for 2021–2025; 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

£-1.04M2025
27.54%from £-1.43M in 2024

Year-on-year change

Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.

3-year financial trend (2023–2025)

How the figures MEDICAL AIR TECHNOLOGY LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£119.14K2023£-1.04M2025
-970%vs 2023

Cash in Bank

£477.94K2023£2.96K2025
-99.4%vs 2023

-92.1% a year compound (CAGR)

Total Assets

£3.58M2023£2.26M2025
-36.8%vs 2023

-20.5% a year compound (CAGR)

Total Liabilities

£3.46M2023£3.30M2025
-4.7%vs 2023

-2.4% a year compound (CAGR)

Employees

162023142025
-12.5%vs 2023-2

Biggest decrease

Net Assets-970%

£119.14K in 2023 to £-1.04M in 2025

Every indicator Okredo holds for MEDICAL AIR TECHNOLOGY LIMITED fell between 2023 and 2025. The steepest fall came in net assets, pointing to a weakening balance sheet, with cash in bank, total assets, total liabilities and employee numbers falling alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from MEDICAL AIR TECHNOLOGY 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
-45.79%2025

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
145.79%2025

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
0.09%2025

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
0.13%2025

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 MEDICAL AIR TECHNOLOGY LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£183.73K187.42K119.14K-1.43M-1.04M
Total Assets£2.88M3.96M3.58M1.98M2.26M
Cash in Bank£711.46K575.00K477.94K157.72K2.96K
Total Liabilities£2.70M3.77M3.46M3.41M3.30M
Employees1214161914

MEDICAL AIR TECHNOLOGY LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has MEDICAL AIR TECHNOLOGY LIMITED filed financial statements?

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Yes. Okredo holds filed figures for MEDICAL AIR TECHNOLOGY LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.

What net assets did MEDICAL AIR TECHNOLOGY LIMITED report in 2025?

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MEDICAL AIR TECHNOLOGY LIMITED reported net assets of £-1.04M for 2025. That compares with £-1.43M in 2024, a change of 27.54%.

What total assets did MEDICAL AIR TECHNOLOGY LIMITED report in 2025?

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MEDICAL AIR TECHNOLOGY LIMITED reported total assets of £2.26M for 2025. That compares with £1.98M in 2024, a change of 14.18%.

What cash in bank did MEDICAL AIR TECHNOLOGY LIMITED report in 2025?

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MEDICAL AIR TECHNOLOGY LIMITED reported cash in bank of £2.96K for 2025. That compares with £157.72K in 2024, a change of -98.13%.

How many people does MEDICAL AIR TECHNOLOGY LIMITED employ?

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MEDICAL AIR TECHNOLOGY LIMITED reported 14 employees in 2025, compared with 19 in 2024.

How have MEDICAL AIR TECHNOLOGY LIMITED financials changed over the last 3 years?

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Between 2023 and 2025, MEDICAL AIR TECHNOLOGY LIMITED's net assets fell by 970%, cash in bank fell by 99.4%, total assets fell by 36.8% and total liabilities fell by 4.7%. Cash in bank contracted at 92.1% a year across the two years to 2025, from £477.94K to £2.96K. Reported headcount went from 16 in 2023 to 14 in 2025 (-2).

Which years of MEDICAL AIR TECHNOLOGY LIMITED financial data are available?

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Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.