MERLIN INDUSTRIAL PRODUCTS LIMITED Financials
- Company number
- 02906480CopyCopy
- Registered office
- Unit 6, The Workshed, Fairpark Road, Liskeard, Cornwall PL14 4BA
- Incorporated
- 09/03/1994
Company snapshot
- Status
- Active
- Employees
- 4 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2024.
Net Assets
-127.94%vs 20232023: £33.10K
Total Assets
-20.63%vs 20232023: £116.76K
Cash in Bank
-20.27%vs 20232023: £108.87K
Total Liabilities
22.23%vs 20232023: £82.95K
Employees
-1vs 20232023: 5
In 2024, MERLIN INDUSTRIAL PRODUCTS LIMITED reported net assets of £-9.25K. The same filing shows total assets of £92.67K, cash in bank of £86.81K and total liabilities of £101.39K. Reported headcount was 4 in 2024. Net Assets fell from £33.10K in 2023 to £-9.25K in 2024 (-127.94%). Okredo holds filed figures for 2022–2024; 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
-127.94%from £33.10K in 2023Year-on-year change
Net Assets as filed for 2022–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures MERLIN INDUSTRIAL PRODUCTS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-113%vs 2022Cash in Bank
-58.1%vs 2022-35.3% a year compound (CAGR)
Total Assets
-60.3%vs 2022-37% a year compound (CAGR)
Total Liabilities
-38.3%vs 2022-21.4% a year compound (CAGR)
Employees
0%vs 2022Biggest decrease
Net Assets-113%
£69.08K in 2022 to £-9.25K in 2024
Every measure that changed in MERLIN INDUSTRIAL PRODUCTS LIMITED's filings between 2022 and 2024 fell. The steepest fall came in net assets, pointing to a weakening balance sheet, with cash in bank, total assets and total liabilities falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MERLIN INDUSTRIAL PRODUCTS 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
- -9.98%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.
- Liabilities to total assets
- 109.41%2024
- 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
- 85.61%2024
- 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
- 93.67%2024
- 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 MERLIN INDUSTRIAL PRODUCTS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 |
|---|---|---|---|
| Net Assets£ | 69.08K | 33.10K | -9.25K |
| Total Assets£ | 233.27K | 116.76K | 92.67K |
| Cash in Bank£ | 207.21K | 108.87K | 86.81K |
| Total Liabilities£ | 164.20K | 82.95K | 101.39K |
| Employees | 4 | 5 | 4 |
MERLIN INDUSTRIAL PRODUCTS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MERLIN INDUSTRIAL PRODUCTS LIMITED covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.
MERLIN INDUSTRIAL PRODUCTS LIMITED reported net assets of £-9.25K for 2024. That compares with £33.10K in 2023, a change of -127.94%.
MERLIN INDUSTRIAL PRODUCTS LIMITED reported total assets of £92.67K for 2024. That compares with £116.76K in 2023, a change of -20.63%.
MERLIN INDUSTRIAL PRODUCTS LIMITED reported cash in bank of £86.81K for 2024. That compares with £108.87K in 2023, a change of -20.27%.
MERLIN INDUSTRIAL PRODUCTS LIMITED reported 4 employees in 2024, compared with 5 in 2023.
Between 2022 and 2024, MERLIN INDUSTRIAL PRODUCTS LIMITED's net assets fell by 113%, cash in bank fell by 58.1%, total assets fell by 60.3% and total liabilities fell by 38.3%. Cash in bank contracted at 35.3% a year across the two years to 2024, from £207.21K to £86.81K. Reported headcount went from 4 in 2022 to 4 in 2024.
Okredo holds reported figures for the years 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.