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MIDLAND COACHES LIMITED Financials

Company number
12129091Copy
Copy
Registered office
33 Worthington Close, Mitcham CR4 1JQ
Incorporated
30/07/2019

Company snapshot

Status
Active
Employees
9 (2024)
Latest financial data
2024
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£230.49K2024
26.85%vs 2023

2023: £181.70K

Total Assets

£438.49K2024
97.79%vs 2023

2023: £221.70K

Total Liabilities

£208.00K2024
420.00%vs 2023

2023: £40.00K

Employees

92024
+1vs 2023

2023: 8

In 2024, MIDLAND COACHES LIMITED reported net assets of £230.49K. The same filing shows total assets of £438.49K and total liabilities of £208.00K. Reported headcount was 9 in 2024. Total Assets rose from £221.70K in 2023 to £438.49K in 2024 (97.79%). 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

£230.49K2024
26.85%from £181.70K in 2023

Year-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 MIDLAND COACHES LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£181.70K2022£230.49K2024
+26.9%vs 2022

+12.6% a year compound (CAGR)

Total Assets

£221.70K2022£438.49K2024
+97.8%vs 2022

+40.6% a year compound (CAGR)

Total Liabilities

£40.00K2022£208.00K2024
+420%vs 2022

+128% a year compound (CAGR)

Employees

6202292024
+50%vs 2022+3

Biggest increase

Total Liabilities+420%

£40.00K in 2022 to £208.00K in 2024

Every indicator Okredo holds for MIDLAND COACHES LIMITED rose between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, with net assets, total assets and employee numbers climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from MIDLAND COACHES 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
52.56%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
47.44%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 MIDLAND COACHES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£14.60K181.70K181.70K230.49K
Total Assets£258.74K221.70K221.70K438.49K
Cash in Bank£––––
Total Liabilities£244.14K40.00K40.00K208.00K
Employees6689

MIDLAND COACHES LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for MIDLAND COACHES LIMITED covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.

MIDLAND COACHES LIMITED reported net assets of £230.49K for 2024. That compares with £181.70K in 2023, a change of 26.85%.

MIDLAND COACHES LIMITED reported total assets of £438.49K for 2024. That compares with £221.70K in 2023, a change of 97.79%.

MIDLAND COACHES LIMITED reported total liabilities of £208.00K for 2024. That compares with £40.00K in 2023, a change of 420.00%.

MIDLAND COACHES LIMITED reported 9 employees in 2024, compared with 8 in 2023.

Between 2022 and 2024, MIDLAND COACHES LIMITED's net assets rose by 26.9%, total assets rose by 97.8%, total liabilities rose by 420% and employee numbers rose by 50%. Net assets compounded at 12.6% a year across the two years to 2024, from £181.70K to £230.49K. Reported headcount went from 6 in 2022 to 9 in 2024 (+3).

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.