MICHAEL AMBROSE LIMITED Financials
- Company number
- 01602819Copy
Copy - Registered office
- Ground Floor, Reading Bridge House, George Street, Reading RG1 8LS
- Incorporated
- 08/12/1981
Company snapshot
- Status
- Active
- Employees
- 22 (2023)
- Latest financial data
- 2023
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
6.68%vs 20222022: £290.97K
Total Assets
3.95%vs 20222022: £524.69K
Cash in Bank
8.99%vs 20222022: £374.97K
Total Liabilities
0.56%vs 20222022: £233.72K
Employees
-1vs 20222022: 23
In 2023, MICHAEL AMBROSE LIMITED reported net assets of £310.41K. The same filing shows total assets of £545.43K, cash in bank of £408.68K and total liabilities of £235.03K. Reported headcount was 22 in 2023. Cash in Bank rose from £374.97K in 2022 to £408.68K in 2023 (8.99%). 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
6.68%from £290.97K 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 MICHAEL AMBROSE LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-47.2%vs 2021-27.4% a year compound (CAGR)
Cash in Bank
-40.9%vs 2021-23.1% a year compound (CAGR)
Total Assets
-33.7%vs 2021-18.6% a year compound (CAGR)
Total Liabilities
+0.3%vs 2021+0.1% a year compound (CAGR)
Employees
-4.3%vs 2021-1Biggest increase
Total Liabilities+0.3%
£234.40K in 2021 to £235.03K in 2023
Biggest decrease
Net Assets-47.2%
£588.25K in 2021 to £310.41K in 2023
MICHAEL AMBROSE LIMITED'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 net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MICHAEL AMBROSE 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
- 56.91%2023
- Liabilities to total assets
- 43.09%2023
- Cash to liabilities
- 173.89%2023
- Cash to total assets
- 74.93%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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 MICHAEL AMBROSE LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 588.25K | 290.97K | 310.41K |
| Total Assets£ | 822.65K | 524.69K | 545.43K |
| Cash in Bank£ | 691.44K | 374.97K | 408.68K |
| Total Liabilities£ | 234.40K | 233.72K | 235.03K |
| Employees | 23 | 23 | 22 |
MICHAEL AMBROSE LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has MICHAEL AMBROSE LIMITED filed financial statements?
Yes. Okredo holds filed figures for MICHAEL AMBROSE LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
What net assets did MICHAEL AMBROSE LIMITED report in 2023?
MICHAEL AMBROSE LIMITED reported net assets of £310.41K for 2023. That compares with £290.97K in 2022, a change of 6.68%.
What total assets did MICHAEL AMBROSE LIMITED report in 2023?
MICHAEL AMBROSE LIMITED reported total assets of £545.43K for 2023. That compares with £524.69K in 2022, a change of 3.95%.
What cash in bank did MICHAEL AMBROSE LIMITED report in 2023?
MICHAEL AMBROSE LIMITED reported cash in bank of £408.68K for 2023. That compares with £374.97K in 2022, a change of 8.99%.
How many people does MICHAEL AMBROSE LIMITED employ?
MICHAEL AMBROSE LIMITED reported 22 employees in 2023, compared with 23 in 2022.
How have MICHAEL AMBROSE LIMITED financials changed over the last 3 years?
Between 2021 and 2023, MICHAEL AMBROSE LIMITED's net assets fell by 47.2%, cash in bank fell by 40.9%, total assets fell by 33.7% and total liabilities rose by 0.3%. Net assets contracted at 27.4% a year across the two years to 2023, from £588.25K to £310.41K. Reported headcount went from 23 in 2021 to 22 in 2023 (-1).
Which years of MICHAEL AMBROSE LIMITED 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.