MIDDLEPATCH LIMITED Financials
- Company number
- 02148444CopyCopy
- Registered office
- 5 Meadowview Court, Sully, Penarth CF64 5AY
- Incorporated
- 17/07/1987
Company snapshot
- Status
- Active
- Employees
- 105 (2024)
- Latest financial data
- 2024
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
0.12%vs 20232023: £4.00M
Total Assets
6.57%vs 20232023: £4.37M
Cash in Bank
146.39%vs 20232023: £196.71K
Total Liabilities
75.77%vs 20232023: £373.06K
Employees
-1vs 20232023: 106
In 2024, MIDDLEPATCH LIMITED reported net assets of £4.01M. The same filing shows total assets of £4.66M, cash in bank of £484.66K and total liabilities of £655.74K. Reported headcount was 105 in 2024. Cash in Bank rose from £196.71K in 2023 to £484.66K in 2024 (146.39%). 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
0.12%from £4.00M 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 MIDDLEPATCH LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-3.1%vs 2022-1.6% a year compound (CAGR)
Cash in Bank
+39.3%vs 2022+18% a year compound (CAGR)
Total Assets
+8.3%vs 2022+4.1% a year compound (CAGR)
Total Liabilities
+291%vs 2022+97.8% a year compound (CAGR)
Employees
+5%vs 2022+5Biggest increase
Total Liabilities+291%
£167.60K in 2022 to £655.74K in 2024
Biggest decrease
Net Assets-3.1%
£4.14M in 2022 to £4.01M in 2024
MIDDLEPATCH LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, 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 MIDDLEPATCH 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
- 85.94%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
- 14.06%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
- 73.91%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
- 10.39%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 MIDDLEPATCH 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£ | 4.06M | 4.14M | 4.00M | 4.01M |
| Total Assets£ | 4.58M | 4.30M | 4.37M | 4.66M |
| Cash in Bank£ | 899.29K | 347.87K | 196.71K | 484.66K |
| Total Liabilities£ | 516.80K | 167.60K | 373.06K | 655.74K |
| Employees | 112 | 100 | 106 | 105 |
MIDDLEPATCH LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MIDDLEPATCH LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
MIDDLEPATCH LIMITED reported net assets of £4.01M for 2024. That compares with £4.00M in 2023, a change of 0.12%.
MIDDLEPATCH LIMITED reported total assets of £4.66M for 2024. That compares with £4.37M in 2023, a change of 6.57%.
MIDDLEPATCH LIMITED reported cash in bank of £484.66K for 2024. That compares with £196.71K in 2023, a change of 146.39%.
MIDDLEPATCH LIMITED reported 105 employees in 2024, compared with 106 in 2023.
Between 2022 and 2024, MIDDLEPATCH LIMITED's net assets fell by 3.1%, cash in bank rose by 39.3%, total assets rose by 8.3% and total liabilities rose by 291%. Net assets contracted at 1.6% a year across the two years to 2024, from £4.14M to £4.01M. Reported headcount went from 100 in 2022 to 105 in 2024 (+5).
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.