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MERRYHILL ACCOUNTANCY SERVICES LIMITED Financials

Company number
06544952Copy
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Registered office
1 Cottesbrooke Park, Heartlands Business Park, Daventry, Northamptonshire NN11 8YL
Incorporated
26/03/2008

Company snapshot

Status
Active
Employees
8 (2023)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£173.13K2024
19.14%vs 2023

2023: £145.31K

Total Assets

£187.71K2024
-47.67%vs 2023

2023: £358.67K

Cash in Bank

£15.43K2024
-89.80%vs 2023

2023: £151.33K

Total Liabilities

£14.58K2024
-92.82%vs 2023

2023: £203.22K

Employees

82023
-1vs 2022

2022: 9

In 2024, MERRYHILL ACCOUNTANCY SERVICES LIMITED reported net assets of £173.13K. The same filing shows total assets of £187.71K, cash in bank of £15.43K and total liabilities of £14.58K. Reported headcount was 8 in 2023. Total Liabilities fell from £203.22K in 2023 to £14.58K in 2024 (-92.82%). 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

£173.13K2024
19.14%from £145.31K in 2023

Year-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 MERRYHILL ACCOUNTANCY SERVICES LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£146.98K2022£173.13K2024
+17.8%vs 2022

+8.5% a year compound (CAGR)

Cash in Bank

£190.23K2022£15.43K2024
-91.9%vs 2022

-71.5% a year compound (CAGR)

Total Assets

£281.77K2022£187.71K2024
-33.4%vs 2022

-18.4% a year compound (CAGR)

Total Liabilities

£123.09K2022£14.58K2024
-88.2%vs 2022

-65.6% a year compound (CAGR)

Biggest increase

Net Assets+17.8%

£146.98K in 2022 to £173.13K in 2024

Biggest decrease

Cash in Bank-91.9%

£190.23K in 2022 to £15.43K in 2024

MERRYHILL ACCOUNTANCY SERVICES LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.

Ratios from the filed figures

Calculated from MERRYHILL ACCOUNTANCY SERVICES 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
92.23%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
7.77%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
105.84%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
8.22%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 MERRYHILL ACCOUNTANCY SERVICES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£106.30K146.98K145.31K173.13K
Total Assets£166.51K281.77K358.67K187.71K
Cash in Bank£–190.23K151.33K15.43K
Total Liabilities£60.21K123.09K203.22K14.58K
Employees1198–

MERRYHILL ACCOUNTANCY SERVICES LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has MERRYHILL ACCOUNTANCY SERVICES LIMITED filed financial statements?

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Yes. Okredo holds filed figures for MERRYHILL ACCOUNTANCY SERVICES LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

What net assets did MERRYHILL ACCOUNTANCY SERVICES LIMITED report in 2024?

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MERRYHILL ACCOUNTANCY SERVICES LIMITED reported net assets of £173.13K for 2024. That compares with £145.31K in 2023, a change of 19.14%.

What total assets did MERRYHILL ACCOUNTANCY SERVICES LIMITED report in 2024?

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MERRYHILL ACCOUNTANCY SERVICES LIMITED reported total assets of £187.71K for 2024. That compares with £358.67K in 2023, a change of -47.67%.

What cash in bank did MERRYHILL ACCOUNTANCY SERVICES LIMITED report in 2024?

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MERRYHILL ACCOUNTANCY SERVICES LIMITED reported cash in bank of £15.43K for 2024. That compares with £151.33K in 2023, a change of -89.80%.

How many people does MERRYHILL ACCOUNTANCY SERVICES LIMITED employ?

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MERRYHILL ACCOUNTANCY SERVICES LIMITED reported 8 employees in 2023, compared with 9 in 2022.

How have MERRYHILL ACCOUNTANCY SERVICES LIMITED financials changed over the last 3 years?

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Between 2022 and 2024, MERRYHILL ACCOUNTANCY SERVICES LIMITED's net assets rose by 17.8%, cash in bank fell by 91.9%, total assets fell by 33.4% and total liabilities fell by 88.2%. Net assets compounded at 8.5% a year across the two years to 2024, from £146.98K to £173.13K. No reported indicator grew more than net assets over the period.

Which years of MERRYHILL ACCOUNTANCY SERVICES LIMITED financial data are available?

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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.