MICHAEL MCLAUGHLIN & SONS LIMITED Financials
- Company number
- NI012815CopyCopy
- Registered office
- 8 Ballynasilloe Avenue, Derry BT48 7SU
- Incorporated
- 14/06/1978
Company snapshot
- Status
- Active
- Employees
- 7 (2025)
- Latest financial data
- 2025
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
76.40%vs 20242024: £311.92K
Total Assets
57.56%vs 20242024: £358.34K
Total Liabilities
-69.03%vs 20242024: £46.43K
Employees
0vs 20242024: 7
In 2025, MICHAEL MCLAUGHLIN & SONS LIMITED reported net assets of £550.23K. The same filing shows total assets of £564.61K and total liabilities of £14.38K. Reported headcount was 7 in 2025. Net Assets rose from £311.92K in 2024 to £550.23K in 2025 (76.40%). Okredo holds filed figures for 2021–2025; 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
76.40%from £311.92K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures MICHAEL MCLAUGHLIN & SONS LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+41.5%vs 2023+18.9% a year compound (CAGR)
Total Assets
+28.7%vs 2023+13.4% a year compound (CAGR)
Total Liabilities
-71.1%vs 2023-46.3% a year compound (CAGR)
Employees
0%vs 2023Biggest increase
Net Assets+41.5%
£388.88K in 2023 to £550.23K in 2025
Biggest decrease
Total Liabilities-71.1%
£49.80K in 2023 to £14.38K in 2025
MICHAEL MCLAUGHLIN & SONS LIMITED's filings pull in both directions between 2023 and 2025. 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 MICHAEL MCLAUGHLIN & SONS 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
- 97.45%2025
- 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
- 2.55%2025
- 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 MCLAUGHLIN & SONS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 566.56K | 507.66K | 388.88K | 311.92K | 550.23K |
| Total Assets£ | 612.64K | 557.51K | 438.68K | 358.34K | 564.61K |
| Cash in Bank£ | – | – | – | – | – |
| Total Liabilities£ | 46.08K | 49.85K | 49.80K | 46.43K | 14.38K |
| Employees | 7 | 7 | 7 | 7 | 7 |
MICHAEL MCLAUGHLIN & SONS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MICHAEL MCLAUGHLIN & SONS LIMITED covering 2021–2025, across 4 reported indicators. The most recent reported year is 2025.
MICHAEL MCLAUGHLIN & SONS LIMITED reported net assets of £550.23K for 2025. That compares with £311.92K in 2024, a change of 76.40%.
MICHAEL MCLAUGHLIN & SONS LIMITED reported total assets of £564.61K for 2025. That compares with £358.34K in 2024, a change of 57.56%.
MICHAEL MCLAUGHLIN & SONS LIMITED reported total liabilities of £14.38K for 2025. That compares with £46.43K in 2024, a change of -69.03%.
MICHAEL MCLAUGHLIN & SONS LIMITED reported 7 employees in 2025, compared with 7 in 2024.
Between 2023 and 2025, MICHAEL MCLAUGHLIN & SONS LIMITED's net assets rose by 41.5%, total assets rose by 28.7%, total liabilities fell by 71.1% and employee numbers was unchanged. Net assets compounded at 18.9% a year across the two years to 2025, from £388.88K to £550.23K. Reported headcount went from 7 in 2023 to 7 in 2025.
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.