MICROMODE MEDICAL LIMITED Financials
- Company number
- 02698578CopyCopy
- Registered office
- Unit 514 Centennial Avenue, Centennial Park, Elstree, Hertfordshire WD6 3FG
- Incorporated
- 19/03/1992
Company snapshot
- Status
- Active
- Employees
- 23 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-34.06%vs 20232023: £2.62M
Total Assets
-4.77%vs 20232023: £3.47M
Cash in Bank
-4.72%vs 20232023: £2.95M
Total Liabilities
86.67%vs 20232023: £841.23K
Employees
0vs 20232023: 23
In 2024, MICROMODE MEDICAL LIMITED reported net assets of £1.73M. The same filing shows total assets of £3.30M, cash in bank of £2.81M and total liabilities of £1.57M. Reported headcount was 23 in 2024. Net Assets fell from £2.62M in 2023 to £1.73M in 2024 (-34.06%). 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
-34.06%from £2.62M 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 MICROMODE MEDICAL LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-49.6%vs 2022-29% a year compound (CAGR)
Cash in Bank
-38.4%vs 2022-21.5% a year compound (CAGR)
Total Assets
-37.3%vs 2022-20.8% a year compound (CAGR)
Total Liabilities
-14.4%vs 2022-7.5% a year compound (CAGR)
Employees
-4.2%vs 2022-1Biggest decrease
Net Assets-49.6%
£3.43M in 2022 to £1.73M in 2024
Every indicator Okredo holds for MICROMODE MEDICAL LIMITED fell between 2022 and 2024. The steepest fall came in net assets, pointing to a weakening balance sheet, with cash in bank, total assets, total liabilities and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MICROMODE MEDICAL 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
- 52.29%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.
- Liabilities to total assets
- 47.52%2024
- 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.
- Cash to liabilities
- 178.90%2024
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 85.02%2024
- 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 MICROMODE MEDICAL 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£ | 3.24M | 3.43M | 2.62M | 1.73M |
| Total Assets£ | 4.97M | 5.27M | 3.47M | 3.30M |
| Cash in Bank£ | 4.71M | 4.56M | 2.95M | 2.81M |
| Total Liabilities£ | 1.73M | 1.83M | 841.23K | 1.57M |
| Employees | 26 | 24 | 23 | 23 |
MICROMODE MEDICAL LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MICROMODE MEDICAL LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
MICROMODE MEDICAL LIMITED reported net assets of £1.73M for 2024. That compares with £2.62M in 2023, a change of -34.06%.
MICROMODE MEDICAL LIMITED reported total assets of £3.30M for 2024. That compares with £3.47M in 2023, a change of -4.77%.
MICROMODE MEDICAL LIMITED reported cash in bank of £2.81M for 2024. That compares with £2.95M in 2023, a change of -4.72%.
MICROMODE MEDICAL LIMITED reported 23 employees in 2024, compared with 23 in 2023.
Between 2022 and 2024, MICROMODE MEDICAL LIMITED's net assets fell by 49.6%, cash in bank fell by 38.4%, total assets fell by 37.3% and total liabilities fell by 14.4%. Net assets contracted at 29% a year across the two years to 2024, from £3.43M to £1.73M. Reported headcount went from 24 in 2022 to 23 in 2024 (-1).
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.