MID1Y LTD Financials
- Company number
- 08177889CopyCopy
- Registered office
- 30 Forest Road, Moseley, Birmingham, West Midlands B13 9DH
- Incorporated
- 13/08/2012
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
26.67%vs 20232023: £412.29K
Total Assets
-5.02%vs 20232023: £467.83K
Total Liabilities
-240.22%vs 20232023: £55.55K
Employees
+2vs 20232023: 5
In 2024, MID1Y LTD reported net assets of £522.23K. The same filing shows total assets of £444.35K and total liabilities of £-77.88K. Reported headcount was 7 in 2024. Total Liabilities fell from £55.55K in 2023 to £-77.88K in 2024 (-240.22%). 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
26.67%from £412.29K 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 MID1Y LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+90.4%vs 2022+38% a year compound (CAGR)
Total Assets
-3.7%vs 2022-1.9% a year compound (CAGR)
Total Liabilities
-142%vs 2022Employees
+40%vs 2022+2Biggest increase
Net Assets+90.4%
£274.34K in 2022 to £522.23K in 2024
Biggest decrease
Total Liabilities-142%
£187.26K in 2022 to £-77.88K in 2024
MID1Y 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 total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MID1Y 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
- 117.53%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
- -17.53%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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for MID1Y 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£ | 206.12K | 274.34K | 412.29K | 522.23K |
| Total Assets£ | 451.83K | 461.60K | 467.83K | 444.35K |
| Cash in Bank£ | – | – | – | – |
| Total Liabilities£ | 245.71K | 187.26K | 55.55K | -77.88K |
| Employees | 3 | 5 | 5 | 7 |
MID1Y LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MID1Y LTD covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.
MID1Y LTD reported net assets of £522.23K for 2024. That compares with £412.29K in 2023, a change of 26.67%.
MID1Y LTD reported total assets of £444.35K for 2024. That compares with £467.83K in 2023, a change of -5.02%.
MID1Y LTD reported total liabilities of £-77.88K for 2024. That compares with £55.55K in 2023, a change of -240.22%.
MID1Y LTD reported 7 employees in 2024, compared with 5 in 2023.
Between 2022 and 2024, MID1Y LTD's net assets rose by 90.4%, total assets fell by 3.7%, total liabilities fell by 142% and employee numbers rose by 40%. Net assets compounded at 38% a year across the two years to 2024, from £274.34K to £522.23K. Reported headcount went from 5 in 2022 to 7 in 2024 (+2).
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.