MI THAI LTD Financials
- Company number
- 12349202Copy
Copy - Registered office
- 13 Sadler Street, Wells BA5 2RR
- Incorporated
- 05/12/2019
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
-6.46%vs 20222022: £-37.71K
Total Assets
3.10%vs 20222022: £5.62K
Total Liabilities
6.03%vs 20222022: £43.33K
Employees
0vs 20222022: 4
In 2023, MI THAI LTD reported net assets of £-40.15K. The same filing shows total assets of £5.79K and total liabilities of £45.94K. Reported headcount was 4 in 2023. Total Liabilities rose from £43.33K in 2022 to £45.94K in 2023 (6.03%). 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
-6.46%from £-37.71K in 2022Year-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 MI THAI LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2021Total Assets
+15.9%vs 2021+7.6% a year compound (CAGR)
Total Liabilities
+62.8%vs 2021+27.6% a year compound (CAGR)
Employees
-33.3%vs 2021-2Biggest increase
Total Liabilities+62.8%
£28.22K in 2021 to £45.94K in 2023
Biggest decrease
Employees-33.3%
6 in 2021 to 4 in 2023
MI THAI LTD's filings pull in both directions between 2021 and 2023. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MI THAI 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
- -693.06%2023
- Liabilities to total assets
- 793.06%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.
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 MI THAI LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | -26.87K | -37.71K | -40.15K |
| Total Assets£ | 5.00K | 5.62K | 5.79K |
| Cash in Bank£ | – | – | – |
| Total Liabilities£ | 28.22K | 43.33K | 45.94K |
| Employees | 6 | 4 | 4 |
MI THAI LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has MI THAI LTD filed financial statements?
Yes. Okredo holds filed figures for MI THAI LTD covering 2021–2023, across 4 reported indicators. The most recent reported year is 2023.
What net assets did MI THAI LTD report in 2023?
MI THAI LTD reported net assets of £-40.15K for 2023. That compares with £-37.71K in 2022, a change of -6.46%.
What total assets did MI THAI LTD report in 2023?
MI THAI LTD reported total assets of £5.79K for 2023. That compares with £5.62K in 2022, a change of 3.10%.
What total liabilities did MI THAI LTD report in 2023?
MI THAI LTD reported total liabilities of £45.94K for 2023. That compares with £43.33K in 2022, a change of 6.03%.
How many people does MI THAI LTD employ?
MI THAI LTD reported 4 employees in 2023, compared with 4 in 2022.
How have MI THAI LTD financials changed over the last 3 years?
Between 2021 and 2023, MI THAI LTD's total assets rose by 15.9%, total liabilities rose by 62.8% and employee numbers fell by 33.3%. Total assets compounded at 7.6% a year across the two years to 2023, from £5.00K to £5.79K. Reported headcount went from 6 in 2021 to 4 in 2023 (-2).
Which years of MI THAI LTD financial data are available?
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.