MICHAEL BRADFORD ACCOUNTANTS LIMITED Financials
- Company number
- 05004980Copy
Copy - Registered office
- 16 Market Street, Hednesford, Cannock WS12 1AF
- Incorporated
- 31/12/2003
Company snapshot
- Status
- Active
- Employees
- 7 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
12.72%vs 20232023: £9.63K
Total Assets
-12.72%vs 20232023: £39.36K
Total Liabilities
-20.96%vs 20232023: £29.73K
Employees
0vs 20232023: 7
In 2024, MICHAEL BRADFORD ACCOUNTANTS LIMITED reported net assets of £10.85K. The same filing shows total assets of £34.35K and total liabilities of £23.50K. Reported headcount was 7 in 2024. Total Liabilities fell from £29.73K in 2023 to £23.50K in 2024 (-20.96%). 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
12.72%from £9.63K in 2023Year-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 MICHAEL BRADFORD ACCOUNTANTS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-11.3%vs 2022-5.8% a year compound (CAGR)
Total Assets
-25.7%vs 2022-13.8% a year compound (CAGR)
Total Liabilities
-30.8%vs 2022-16.8% a year compound (CAGR)
Employees
0%vs 2022Biggest decrease
Total Liabilities-30.8%
£33.97K in 2022 to £23.50K in 2024
Every measure that changed in MICHAEL BRADFORD ACCOUNTANTS LIMITED's filings between 2022 and 2024 fell. The steepest fall came in total liabilities, pointing to lighter outstanding obligations, with net assets and total assets falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MICHAEL BRADFORD ACCOUNTANTS 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
- 31.60%2024
- Liabilities to total assets
- 68.40%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.
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 MICHAEL BRADFORD ACCOUNTANTS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 447.00 | 12.24K | 9.63K | 10.85K |
| Total Assets£ | 100.88K | 46.21K | 39.36K | 34.35K |
| Cash in Bank£ | – | – | – | – |
| Total Liabilities£ | 100.43K | 33.97K | 29.73K | 23.50K |
| Employees | 0 | 7 | 7 | 7 |
MICHAEL BRADFORD ACCOUNTANTS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has MICHAEL BRADFORD ACCOUNTANTS LIMITED filed financial statements?
Yes. Okredo holds filed figures for MICHAEL BRADFORD ACCOUNTANTS LIMITED covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.
What net assets did MICHAEL BRADFORD ACCOUNTANTS LIMITED report in 2024?
MICHAEL BRADFORD ACCOUNTANTS LIMITED reported net assets of £10.85K for 2024. That compares with £9.63K in 2023, a change of 12.72%.
What total assets did MICHAEL BRADFORD ACCOUNTANTS LIMITED report in 2024?
MICHAEL BRADFORD ACCOUNTANTS LIMITED reported total assets of £34.35K for 2024. That compares with £39.36K in 2023, a change of -12.72%.
What total liabilities did MICHAEL BRADFORD ACCOUNTANTS LIMITED report in 2024?
MICHAEL BRADFORD ACCOUNTANTS LIMITED reported total liabilities of £23.50K for 2024. That compares with £29.73K in 2023, a change of -20.96%.
How many people does MICHAEL BRADFORD ACCOUNTANTS LIMITED employ?
MICHAEL BRADFORD ACCOUNTANTS LIMITED reported 7 employees in 2024, compared with 7 in 2023.
How have MICHAEL BRADFORD ACCOUNTANTS LIMITED financials changed over the last 3 years?
Between 2022 and 2024, MICHAEL BRADFORD ACCOUNTANTS LIMITED's net assets fell by 11.3%, total assets fell by 25.7%, total liabilities fell by 30.8% and employee numbers was unchanged. Net assets contracted at 5.8% a year across the two years to 2024, from £12.24K to £10.85K. Reported headcount went from 7 in 2022 to 7 in 2024.
Which years of MICHAEL BRADFORD ACCOUNTANTS LIMITED financial data are available?
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.