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MENDIP FINISHINGS LTD Financials

Company number
13408243Copy
Copy
Registered office
5 Mandeville Court, Keinton, Somerset TA11 6FJ
Incorporated
19/05/2021

Company snapshot

Status
Active
Employees
3 (2025)
Latest financial data
2025
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2022–2025.

Net Assets

£-3.78K2025
-552.34%vs 2024

2024: £835.00

Total Assets

£42.46K2025
49.59%vs 2024

2024: £28.38K

Total Liabilities

£46.23K2025
67.84%vs 2024

2024: £27.55K

Employees

32025
0vs 2024

2024: 3

In 2025, MENDIP FINISHINGS LTD reported net assets of £-3.78K. The same filing shows total assets of £42.46K and total liabilities of £46.23K. Reported headcount was 3 in 2025. Total Liabilities rose from £27.55K in 2024 to £46.23K in 2025 (67.84%). Okredo holds filed figures for 2022–2025; 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

£-3.78K2025
-552.34%from £835.00 in 2024

Year-on-year change

Net Assets as filed for 2022–2025. Every figure in this chart is also in the financial history table.

3-year financial trend (2023–2025)

How the figures MENDIP FINISHINGS LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£2.34K2023£-3.78K2025
-261%vs 2023

Total Assets

£31.31K2023£42.46K2025
+35.6%vs 2023

+16.5% a year compound (CAGR)

Total Liabilities

£28.97K2023£46.23K2025
+59.6%vs 2023

+26.3% a year compound (CAGR)

Employees

3202332025
0%vs 2023

Biggest increase

Total Liabilities+59.6%

£28.97K in 2023 to £46.23K in 2025

Biggest decrease

Net Assets-261%

£2.34K in 2023 to £-3.78K in 2025

MENDIP FINISHINGS LTD's filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.

Ratios from the filed figures

Calculated from MENDIP FINISHINGS LTD'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
-8.90%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
108.90%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.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for MENDIP FINISHINGS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2022202320242025
Net Assets£2.002.34K835.00-3.78K
Total Assets£2.0031.31K28.38K42.46K
Cash in Bank£––––
Total Liabilities£0.0028.97K27.55K46.23K
Employees2333

MENDIP FINISHINGS LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for MENDIP FINISHINGS LTD covering 2022–2025, across 4 reported indicators. The most recent reported year is 2025.

MENDIP FINISHINGS LTD reported net assets of £-3.78K for 2025. That compares with £835.00 in 2024, a change of -552.34%.

MENDIP FINISHINGS LTD reported total assets of £42.46K for 2025. That compares with £28.38K in 2024, a change of 49.59%.

MENDIP FINISHINGS LTD reported total liabilities of £46.23K for 2025. That compares with £27.55K in 2024, a change of 67.84%.

MENDIP FINISHINGS LTD reported 3 employees in 2025, compared with 3 in 2024.

Between 2023 and 2025, MENDIP FINISHINGS LTD's net assets fell by 261%, total assets rose by 35.6%, total liabilities rose by 59.6% and employee numbers was unchanged. Total assets compounded at 16.5% a year across the two years to 2025, from £31.31K to £42.46K. Reported headcount went from 3 in 2023 to 3 in 2025.

Okredo holds reported figures for the years 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.