MICRO TECHNOLOGY LTD Financials
- Company number
- 04863743Copy
Copy - Registered office
- 8 Old Forge Court Colchester Road, Elmstead, Colchester CO7 7EA
- Incorporated
- 12/08/2003
Company snapshot
- Status
- Active
- Employees
- 3 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
4.80%vs 20232023: £64.56K
Total Assets
17.37%vs 20232023: £114.52K
Cash in Bank
-32.76%vs 20232023: £18.95K
Total Liabilities
33.60%vs 20232023: £49.96K
Employees
0vs 20232023: 3
In 2024, MICRO TECHNOLOGY LTD reported net assets of £67.66K. The same filing shows total assets of £134.41K, cash in bank of £12.74K and total liabilities of £66.75K. Reported headcount was 3 in 2024. Total Assets rose from £114.52K in 2023 to £134.41K in 2024 (17.37%). 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
4.80%from £64.56K 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 MICRO TECHNOLOGY LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+7.9%vs 2022+3.9% a year compound (CAGR)
Cash in Bank
-30.7%vs 2022-16.8% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Net Assets+7.9%
£62.69K in 2022 to £67.66K in 2024
Biggest decrease
Cash in Bank-30.7%
£18.39K in 2022 to £12.74K in 2024
MICRO TECHNOLOGY LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MICRO TECHNOLOGY 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
- 50.34%2024
- Liabilities to total assets
- 49.66%2024
- Cash to liabilities
- 19.08%2024
- Cash to total assets
- 9.48%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 MICRO TECHNOLOGY LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 59.76K | 62.69K | 64.56K | 67.66K |
| Total Assets£ | 88.95K | – | 114.52K | 134.41K |
| Cash in Bank£ | 23.35K | 18.39K | 18.95K | 12.74K |
| Total Liabilities£ | 29.19K | – | 49.96K | 66.75K |
| Employees | 3 | 3 | 3 | 3 |
MICRO TECHNOLOGY LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has MICRO TECHNOLOGY LTD filed financial statements?
Yes. Okredo holds filed figures for MICRO TECHNOLOGY LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did MICRO TECHNOLOGY LTD report in 2024?
MICRO TECHNOLOGY LTD reported net assets of £67.66K for 2024. That compares with £64.56K in 2023, a change of 4.80%.
What total assets did MICRO TECHNOLOGY LTD report in 2024?
MICRO TECHNOLOGY LTD reported total assets of £134.41K for 2024. That compares with £114.52K in 2023, a change of 17.37%.
What cash in bank did MICRO TECHNOLOGY LTD report in 2024?
MICRO TECHNOLOGY LTD reported cash in bank of £12.74K for 2024. That compares with £18.95K in 2023, a change of -32.76%.
How many people does MICRO TECHNOLOGY LTD employ?
MICRO TECHNOLOGY LTD reported 3 employees in 2024, compared with 3 in 2023.
How have MICRO TECHNOLOGY LTD financials changed over the last 3 years?
Between 2022 and 2024, MICRO TECHNOLOGY LTD's net assets rose by 7.9%, cash in bank fell by 30.7% and employee numbers was unchanged. Net assets compounded at 3.9% a year across the two years to 2024, from £62.69K to £67.66K. Reported headcount went from 3 in 2022 to 3 in 2024.
Which years of MICRO TECHNOLOGY LTD 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.