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MFIVE CONSULTING SERVICES LTD Financials

Company number
SC682709Copy
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Registered office
28 High Street, Nairn IV12 4AU
Incorporated
03/12/2020

Company snapshot

Status
Active
Employees
4 (2024)
Latest financial data
2024
Accounts type
Micro Entity

Financial highlights

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

Net Assets

£71.07K2024
-57.14%vs 2023

2023: £165.83K

Total Assets

£105.72K2024
-63.07%vs 2023

2023: £286.31K

Total Liabilities

£34.65K2024
-71.24%vs 2023

2023: £120.48K

Employees

42024
0vs 2023

2023: 4

In 2024, MFIVE CONSULTING SERVICES LTD reported net assets of £71.07K. The same filing shows total assets of £105.72K and total liabilities of £34.65K. Reported headcount was 4 in 2024. Total Assets fell from £286.31K in 2023 to £105.72K in 2024 (-63.07%). 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

£71.07K2024
-57.14%from £165.83K 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 MFIVE CONSULTING SERVICES LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£168.41K2022£71.07K2024
-57.8%vs 2022

-35% a year compound (CAGR)

Total Assets

£234.56K2022£105.72K2024
-54.9%vs 2022

-32.9% a year compound (CAGR)

Total Liabilities

£66.15K2022£34.65K2024
-47.6%vs 2022

-27.6% a year compound (CAGR)

Employees

3202242024
+33.3%vs 2022+1

Biggest increase

Employees+33.3%

3 in 2022 to 4 in 2024

Biggest decrease

Net Assets-57.8%

£168.41K in 2022 to £71.07K in 2024

MFIVE CONSULTING SERVICES LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, 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 MFIVE CONSULTING SERVICES 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
67.22%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
32.78%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.

Financial history

Every indicator Okredo tracks, year by year.

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

Indicator2021202220232024
Net Assets£81.97K168.41K165.83K71.07K
Total Assets£133.90K234.56K286.31K105.72K
Cash in Bank£––––
Total Liabilities£51.93K66.15K120.48K34.65K
Employees2344

MFIVE CONSULTING SERVICES LTD financials: frequently asked questions

Answered from this company's own filed figures.

Has MFIVE CONSULTING SERVICES LTD filed financial statements?

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Yes. Okredo holds filed figures for MFIVE CONSULTING SERVICES LTD covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.

What net assets did MFIVE CONSULTING SERVICES LTD report in 2024?

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MFIVE CONSULTING SERVICES LTD reported net assets of £71.07K for 2024. That compares with £165.83K in 2023, a change of -57.14%.

What total assets did MFIVE CONSULTING SERVICES LTD report in 2024?

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MFIVE CONSULTING SERVICES LTD reported total assets of £105.72K for 2024. That compares with £286.31K in 2023, a change of -63.07%.

What total liabilities did MFIVE CONSULTING SERVICES LTD report in 2024?

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MFIVE CONSULTING SERVICES LTD reported total liabilities of £34.65K for 2024. That compares with £120.48K in 2023, a change of -71.24%.

How many people does MFIVE CONSULTING SERVICES LTD employ?

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MFIVE CONSULTING SERVICES LTD reported 4 employees in 2024, compared with 4 in 2023.

How have MFIVE CONSULTING SERVICES LTD financials changed over the last 3 years?

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Between 2022 and 2024, MFIVE CONSULTING SERVICES LTD's net assets fell by 57.8%, total assets fell by 54.9%, total liabilities fell by 47.6% and employee numbers rose by 33.3%. Net assets contracted at 35% a year across the two years to 2024, from £168.41K to £71.07K. Reported headcount went from 3 in 2022 to 4 in 2024 (+1).

Which years of MFIVE CONSULTING SERVICES LTD 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.