MH DEVELOPMENTS NW LTD Financials
- Company number
- 13475314CopyCopy
- Registered office
- 11 Ruddpark Road, Manchester, Lancashire M22 0FH
- Incorporated
- 24/06/2021
Company snapshot
- Status
- Active
- Employees
- 6 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2024.
Net Assets
19.19%vs 20232023: £172.00
Total Assets
41.10%vs 20232023: £14.21K
Total Liabilities
-23.25%vs 20222022: £18.29K
Employees
+1vs 20232023: 5
In 2024, MH DEVELOPMENTS NW LTD reported net assets of £205.00. The same filing shows total assets of £20.05K and total liabilities of £14.04K. Reported headcount was 6 in 2024. Total Assets rose from £14.21K in 2023 to £20.05K in 2024 (41.10%). 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
19.19%from £172.00 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 MH DEVELOPMENTS NW LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-35.1%vs 2022-19.5% a year compound (CAGR)
Total Assets
+7.8%vs 2022+3.8% a year compound (CAGR)
Employees
+50%vs 2022+2Biggest increase
Employees+50%
4 in 2022 to 6 in 2024
Biggest decrease
Net Assets-35.1%
£316.00 in 2022 to £205.00 in 2024
MH DEVELOPMENTS NW 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 MH DEVELOPMENTS NW 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
- 1.02%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
- 98.79%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 MH DEVELOPMENTS NW LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 |
|---|---|---|---|
| Net Assets£ | 316.00 | 172.00 | 205.00 |
| Total Assets£ | 18.61K | 14.21K | 20.05K |
| Cash in Bank£ | – | – | – |
| Total Liabilities£ | 18.29K | 14.04K | – |
| Employees | 4 | 5 | 6 |
MH DEVELOPMENTS NW LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MH DEVELOPMENTS NW LTD covering 2022–2024, across 4 reported indicators. The most recent reported year is 2024.
MH DEVELOPMENTS NW LTD reported net assets of £205.00 for 2024. That compares with £172.00 in 2023, a change of 19.19%.
MH DEVELOPMENTS NW LTD reported total assets of £20.05K for 2024. That compares with £14.21K in 2023, a change of 41.10%.
MH DEVELOPMENTS NW LTD reported total liabilities of £14.04K for 2023. That compares with £18.29K in 2022, a change of -23.25%.
MH DEVELOPMENTS NW LTD reported 6 employees in 2024, compared with 5 in 2023.
Between 2022 and 2024, MH DEVELOPMENTS NW LTD's net assets fell by 35.1%, total assets rose by 7.8% and employee numbers rose by 50%. Net assets contracted at 19.5% a year across the two years to 2024, from £316.00 to £205.00. Reported headcount went from 4 in 2022 to 6 in 2024 (+2).
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.