MERKLAND TANK HOLDINGS LIMITED Financials
- Company number
- SC573000Copy
Copy - Registered office
- 221 West George Street, Glasgow, Scotland G2 2ND
- Incorporated
- 07/08/2017
Company snapshot
- Status
- Active
- Employees
- 5 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-2.72%vs 20232023: £2.74M
Total Assets
21.29%vs 20232023: £49.69K
Cash in Bank
-69.40%vs 20212021: £56.98K
Total Liabilities
3.76%vs 20232023: £2.26M
Employees
-1vs 20232023: 6
In 2024, MERKLAND TANK HOLDINGS LIMITED reported net assets of £2.66M. The same filing shows total assets of £60.27K, cash in bank of £17.44K and total liabilities of £2.35M. Reported headcount was 5 in 2024. Total Liabilities rose from £2.26M in 2023 to £2.35M in 2024 (3.76%). 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
-2.72%from £2.74M 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 MERKLAND TANK HOLDINGS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-5.7%vs 2022-2.9% a year compound (CAGR)
Total Assets
+76%vs 2022+32.7% a year compound (CAGR)
Total Liabilities
+8.7%vs 2022+4.2% a year compound (CAGR)
Employees
-16.7%vs 2022-1Biggest increase
Total Assets+76%
£34.25K in 2022 to £60.27K in 2024
Biggest decrease
Employees-16.7%
6 in 2022 to 5 in 2024
MERKLAND TANK HOLDINGS LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total assets, pointing to a broader asset base, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MERKLAND TANK HOLDINGS 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
- 4,418.36%2024
- Liabilities to total assets
- 3,895.08%2024
- Cash to liabilities
- 0.81%2022
- Cash to total assets
- 50.92%2022
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 MERKLAND TANK HOLDINGS 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£ | 2.87M | 2.82M | 2.74M | 2.66M |
| Total Assets£ | 72.93K | 34.25K | 49.69K | 60.27K |
| Cash in Bank£ | 56.98K | 17.44K | – | – |
| Total Liabilities£ | 2.15M | 2.16M | 2.26M | 2.35M |
| Employees | 6 | 6 | 6 | 5 |
MERKLAND TANK HOLDINGS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has MERKLAND TANK HOLDINGS LIMITED filed financial statements?
Yes. Okredo holds filed figures for MERKLAND TANK HOLDINGS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did MERKLAND TANK HOLDINGS LIMITED report in 2024?
MERKLAND TANK HOLDINGS LIMITED reported net assets of £2.66M for 2024. That compares with £2.74M in 2023, a change of -2.72%.
What total assets did MERKLAND TANK HOLDINGS LIMITED report in 2024?
MERKLAND TANK HOLDINGS LIMITED reported total assets of £60.27K for 2024. That compares with £49.69K in 2023, a change of 21.29%.
What cash in bank did MERKLAND TANK HOLDINGS LIMITED report in 2022?
MERKLAND TANK HOLDINGS LIMITED reported cash in bank of £17.44K for 2022. That compares with £56.98K in 2021, a change of -69.40%.
How many people does MERKLAND TANK HOLDINGS LIMITED employ?
MERKLAND TANK HOLDINGS LIMITED reported 5 employees in 2024, compared with 6 in 2023.
How have MERKLAND TANK HOLDINGS LIMITED financials changed over the last 3 years?
Between 2022 and 2024, MERKLAND TANK HOLDINGS LIMITED's net assets fell by 5.7%, total assets rose by 76%, total liabilities rose by 8.7% and employee numbers fell by 16.7%. Net assets contracted at 2.9% a year across the two years to 2024, from £2.82M to £2.66M. Reported headcount went from 6 in 2022 to 5 in 2024 (-1).
Which years of MERKLAND TANK HOLDINGS 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.