MEPG LTD Financials
- Company number
- SC659885CopyCopy
- Registered office
- 23 Newmarket, Isle Of Lewis HS2 0DZ
- Incorporated
- 24/04/2020
Company snapshot
- Status
- Active
- Employees
- 3 (2023)
- Latest financial data
- 2023
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-87.60%vs 20222022: £20.59K
Total Assets
-59.64%vs 20222022: £30.24K
Total Liabilities
-89.93%vs 20222022: £9.65K
Employees
0vs 20222022: 3
In 2023, MEPG LTD reported net assets of £2.55K. The same filing shows total assets of £12.21K and total liabilities of £972.00. Reported headcount was 3 in 2023. Net Assets fell from £20.59K in 2022 to £2.55K in 2023 (-87.60%). Okredo holds filed figures for 2021–2023; 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
-87.60%from £20.59K in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures MEPG LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-87.6%vs 2021-64.8% a year compound (CAGR)
Total Assets
-59.6%vs 2021-36.5% a year compound (CAGR)
Total Liabilities
-89.9%vs 2021-68.3% a year compound (CAGR)
Employees
0%vs 2021Biggest decrease
Total Liabilities-89.9%
£9.65K in 2021 to £972.00 in 2023
Every measure that changed in MEPG LTD's filings between 2021 and 2023 fell. The steepest fall came in total liabilities, pointing to lighter outstanding obligations, with net assets and total assets falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MEPG 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
- 20.92%2023
- 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
- 7.96%2023
- 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 MEPG LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 20.59K | 20.59K | 2.55K |
| Total Assets£ | 30.24K | 30.24K | 12.21K |
| Cash in Bank£ | – | – | – |
| Total Liabilities£ | 9.65K | 9.65K | 972.00 |
| Employees | 3 | 3 | 3 |
MEPG LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MEPG LTD covering 2021–2023, across 4 reported indicators. The most recent reported year is 2023.
MEPG LTD reported net assets of £2.55K for 2023. That compares with £20.59K in 2022, a change of -87.60%.
MEPG LTD reported total assets of £12.21K for 2023. That compares with £30.24K in 2022, a change of -59.64%.
MEPG LTD reported total liabilities of £972.00 for 2023. That compares with £9.65K in 2022, a change of -89.93%.
MEPG LTD reported 3 employees in 2023, compared with 3 in 2022.
Between 2021 and 2023, MEPG LTD's net assets fell by 87.6%, total assets fell by 59.6%, total liabilities fell by 89.9% and employee numbers was unchanged. Net assets contracted at 64.8% a year across the two years to 2023, from £20.59K to £2.55K. Reported headcount went from 3 in 2021 to 3 in 2023.
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.