MICHON LIMITED Financials
- Company number
- 03672683Copy
Copy - Registered office
- The Old School Rooms, Main Road, Radcliffe On Trent, Nottinghamshire NG12 2AA
- Incorporated
- 24/11/1998
Company snapshot
- Status
- Active
- Employees
- 20 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
20.72%vs 20232023: £385.21K
Total Assets
31.82%vs 20232023: £725.69K
Cash in Bank
142.86%vs 20232023: £83.30K
Total Liabilities
44.39%vs 20232023: £340.49K
Employees
0vs 20232023: 20
In 2024, MICHON LIMITED reported net assets of £465.01K. The same filing shows total assets of £956.64K, cash in bank of £202.30K and total liabilities of £491.63K. Reported headcount was 20 in 2024. Total Assets rose from £725.69K in 2023 to £956.64K in 2024 (31.82%). 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
20.72%from £385.21K 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 MICHON LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-10.1%vs 2022-5.2% a year compound (CAGR)
Cash in Bank
+82.5%vs 2022+35.1% a year compound (CAGR)
Total Assets
+19.4%vs 2022+9.3% a year compound (CAGR)
Total Liabilities
+73%vs 2022+31.5% a year compound (CAGR)
Employees
-4.8%vs 2022-1Biggest increase
Cash in Bank+82.5%
£110.86K in 2022 to £202.30K in 2024
Biggest decrease
Net Assets-10.1%
£517.25K in 2022 to £465.01K in 2024
MICHON LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, 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 MICHON 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
- 48.61%2024
- Liabilities to total assets
- 51.39%2024
- Cash to liabilities
- 41.15%2024
- Cash to total assets
- 21.15%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.
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 MICHON 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£ | 636.25K | 517.25K | 385.21K | 465.01K |
| Total Assets£ | 999.02K | 801.44K | 725.69K | 956.64K |
| Cash in Bank£ | 329.64K | 110.86K | 83.30K | 202.30K |
| Total Liabilities£ | 362.77K | 284.18K | 340.49K | 491.63K |
| Employees | 23 | 21 | 20 | 20 |
MICHON LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has MICHON LIMITED filed financial statements?
Yes. Okredo holds filed figures for MICHON LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did MICHON LIMITED report in 2024?
MICHON LIMITED reported net assets of £465.01K for 2024. That compares with £385.21K in 2023, a change of 20.72%.
What total assets did MICHON LIMITED report in 2024?
MICHON LIMITED reported total assets of £956.64K for 2024. That compares with £725.69K in 2023, a change of 31.82%.
What cash in bank did MICHON LIMITED report in 2024?
MICHON LIMITED reported cash in bank of £202.30K for 2024. That compares with £83.30K in 2023, a change of 142.86%.
How many people does MICHON LIMITED employ?
MICHON LIMITED reported 20 employees in 2024, compared with 20 in 2023.
How have MICHON LIMITED financials changed over the last 3 years?
Between 2022 and 2024, MICHON LIMITED's net assets fell by 10.1%, cash in bank rose by 82.5%, total assets rose by 19.4% and total liabilities rose by 73%. Net assets contracted at 5.2% a year across the two years to 2024, from £517.25K to £465.01K. Reported headcount went from 21 in 2022 to 20 in 2024 (-1).
Which years of MICHON 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.