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MFOODS LIMITED Financials

Company number
10757056Copy
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Registered office
Chicken Lickin, 40a Upper Parliament Street, Nottingham NG1 2AD
Incorporated
05/05/2017

Company snapshot

Status
Active
Employees
4 (2023)
Latest financial data
2023
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2023.

Net Assets

£52.49K2023
118.85%vs 2022

2022: £23.98K

Total Assets

£16.65K2023
-40.69%vs 2022

2022: £28.08K

Total Liabilities

£-42.75K2023
-1.14K%vs 2022

2022: £4.09K

Employees

42023
-1vs 2022

2022: 5

In 2023, MFOODS LIMITED reported net assets of £52.49K. The same filing shows total assets of £16.65K and total liabilities of £-42.75K. Reported headcount was 4 in 2023. Total Liabilities fell from £4.09K in 2022 to £-42.75K in 2023 (-1.14K%). 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

£52.49K2023
118.85%from £23.98K in 2022

Year-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 MFOODS LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.

Net Assets

£8.26K2021£52.49K2023
+535%vs 2021

+152% a year compound (CAGR)

Total Assets

£72.66K2021£16.65K2023
-77.1%vs 2021

-52.1% a year compound (CAGR)

Total Liabilities

£64.40K2021£-42.75K2023
-166%vs 2021

Employees

5202142023
-20%vs 2021-1

Biggest increase

Net Assets+535%

£8.26K in 2021 to £52.49K in 2023

Biggest decrease

Total Liabilities-166%

£64.40K in 2021 to £-42.75K in 2023

MFOODS LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.

Ratios from the filed figures

Calculated from MFOODS 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
315.20%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
-256.69%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 MFOODS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator202120222023
Net Assets£8.26K23.98K52.49K
Total Assets£72.66K28.08K16.65K
Cash in Bank£–––
Total Liabilities£64.40K4.09K-42.75K
Employees554

MFOODS LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has MFOODS LIMITED filed financial statements?

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Yes. Okredo holds filed figures for MFOODS LIMITED covering 2021–2023, across 4 reported indicators. The most recent reported year is 2023.

What net assets did MFOODS LIMITED report in 2023?

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MFOODS LIMITED reported net assets of £52.49K for 2023. That compares with £23.98K in 2022, a change of 118.85%.

What total assets did MFOODS LIMITED report in 2023?

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MFOODS LIMITED reported total assets of £16.65K for 2023. That compares with £28.08K in 2022, a change of -40.69%.

What total liabilities did MFOODS LIMITED report in 2023?

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MFOODS LIMITED reported total liabilities of £-42.75K for 2023. That compares with £4.09K in 2022, a change of -1.14K%.

How many people does MFOODS LIMITED employ?

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MFOODS LIMITED reported 4 employees in 2023, compared with 5 in 2022.

How have MFOODS LIMITED financials changed over the last 3 years?

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Between 2021 and 2023, MFOODS LIMITED's net assets rose by 535%, total assets fell by 77.1%, total liabilities fell by 166% and employee numbers fell by 20%. Net assets compounded at 152% a year across the two years to 2023, from £8.26K to £52.49K. Reported headcount went from 5 in 2021 to 4 in 2023 (-1).

Which years of MFOODS LIMITED financial data are available?

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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.