MEGABITES (NORTHERN IRELAND) LIMITED Financials
- Company number
- NI048983Copy
Copy - Registered office
- 1 Rodden Foot, Ballymoney BT53 6JJ
- Incorporated
- 08/12/2003
Company snapshot
- Status
- Active
- Employees
- 27 (2024)
- Latest financial data
- 2024
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-11.91%vs 20232023: £487.74K
Total Assets
-15.57%vs 20232023: £789.24K
Cash in Bank
-12.73%vs 20232023: £573.33K
Total Liabilities
-22.02%vs 20232023: £202.71K
Employees
0vs 20232023: 27
In 2024, MEGABITES (NORTHERN IRELAND) LIMITED reported net assets of £429.62K. The same filing shows total assets of £666.33K, cash in bank of £500.35K and total liabilities of £158.07K. Reported headcount was 27 in 2024. Total Assets fell from £789.24K in 2023 to £666.33K in 2024 (-15.57%). 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
-11.91%from £487.74K 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 MEGABITES (NORTHERN IRELAND) LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-11.1%vs 2022-5.7% a year compound (CAGR)
Cash in Bank
-10.2%vs 2022-5.2% a year compound (CAGR)
Total Assets
-18.9%vs 2022-9.9% a year compound (CAGR)
Total Liabilities
-30.6%vs 2022-16.7% a year compound (CAGR)
Employees
+3.8%vs 2022+1Biggest increase
Employees+3.8%
26 in 2022 to 27 in 2024
Biggest decrease
Total Liabilities-30.6%
£227.62K in 2022 to £158.07K in 2024
MEGABITES (NORTHERN IRELAND) LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MEGABITES (NORTHERN IRELAND) 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
- 64.48%2024
- Liabilities to total assets
- 23.72%2024
- Cash to liabilities
- 316.54%2024
- Cash to total assets
- 75.09%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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 MEGABITES (NORTHERN IRELAND) 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£ | 420.51K | 483.35K | 487.74K | 429.62K |
| Total Assets£ | 732.76K | 821.18K | 789.24K | 666.33K |
| Cash in Bank£ | 446.97K | 557.24K | 573.33K | 500.35K |
| Total Liabilities£ | 195.71K | 227.62K | 202.71K | 158.07K |
| Employees | 26 | 26 | 27 | 27 |
MEGABITES (NORTHERN IRELAND) LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has MEGABITES (NORTHERN IRELAND) LIMITED filed financial statements?
Yes. Okredo holds filed figures for MEGABITES (NORTHERN IRELAND) LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did MEGABITES (NORTHERN IRELAND) LIMITED report in 2024?
MEGABITES (NORTHERN IRELAND) LIMITED reported net assets of £429.62K for 2024. That compares with £487.74K in 2023, a change of -11.91%.
What total assets did MEGABITES (NORTHERN IRELAND) LIMITED report in 2024?
MEGABITES (NORTHERN IRELAND) LIMITED reported total assets of £666.33K for 2024. That compares with £789.24K in 2023, a change of -15.57%.
What cash in bank did MEGABITES (NORTHERN IRELAND) LIMITED report in 2024?
MEGABITES (NORTHERN IRELAND) LIMITED reported cash in bank of £500.35K for 2024. That compares with £573.33K in 2023, a change of -12.73%.
How many people does MEGABITES (NORTHERN IRELAND) LIMITED employ?
MEGABITES (NORTHERN IRELAND) LIMITED reported 27 employees in 2024, compared with 27 in 2023.
How have MEGABITES (NORTHERN IRELAND) LIMITED financials changed over the last 3 years?
Between 2022 and 2024, MEGABITES (NORTHERN IRELAND) LIMITED's net assets fell by 11.1%, cash in bank fell by 10.2%, total assets fell by 18.9% and total liabilities fell by 30.6%. Net assets contracted at 5.7% a year across the two years to 2024, from £483.35K to £429.62K. Reported headcount went from 26 in 2022 to 27 in 2024 (+1).
Which years of MEGABITES (NORTHERN IRELAND) LIMITED financial data are available?
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.