MIDLAND FIXING SERVICES LIMITED Financials
- Company number
- 01444930CopyCopy
- Registered office
- Unit 21 Bordesley Trading Estate, Bordesley Green Road, Birmingham B8 1BZ
- Incorporated
- 21/08/1979
Company snapshot
- Status
- Active
- Employees
- 11 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-29.52%vs 20232023: £205.36K
Total Assets
-22.01%vs 20232023: £686.04K
Cash in Bank
-39.01%vs 20232023: £86.27K
Total Liabilities
-18.80%vs 20232023: £480.68K
Employees
0vs 20232023: 11
In 2024, MIDLAND FIXING SERVICES LIMITED reported net assets of £144.73K. The same filing shows total assets of £535.03K, cash in bank of £52.62K and total liabilities of £390.30K. Reported headcount was 11 in 2024. Total Assets fell from £686.04K in 2023 to £535.03K in 2024 (-22.01%). 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
-29.52%from £205.36K 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 MIDLAND FIXING SERVICES LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-28.5%vs 2022-15.4% a year compound (CAGR)
Cash in Bank
+26.9%vs 2022+12.7% a year compound (CAGR)
Total Assets
-25.1%vs 2022-13.4% a year compound (CAGR)
Total Liabilities
-23.7%vs 2022-12.6% a year compound (CAGR)
Employees
-8.3%vs 2022-1Biggest increase
Cash in Bank+26.9%
£41.45K in 2022 to £52.62K in 2024
Biggest decrease
Net Assets-28.5%
£202.41K in 2022 to £144.73K in 2024
MIDLAND FIXING SERVICES LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, 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 MIDLAND FIXING SERVICES 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
- 27.05%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
- 72.95%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
- 13.48%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
- 9.83%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 MIDLAND FIXING SERVICES 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£ | 231.81K | 202.41K | 205.36K | 144.73K |
| Total Assets£ | 588.22K | 713.95K | 686.04K | 535.03K |
| Cash in Bank£ | 47.53K | 41.45K | 86.27K | 52.62K |
| Total Liabilities£ | 356.41K | 511.53K | 480.68K | 390.30K |
| Employees | 13 | 12 | 11 | 11 |
MIDLAND FIXING SERVICES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MIDLAND FIXING SERVICES LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
MIDLAND FIXING SERVICES LIMITED reported net assets of £144.73K for 2024. That compares with £205.36K in 2023, a change of -29.52%.
MIDLAND FIXING SERVICES LIMITED reported total assets of £535.03K for 2024. That compares with £686.04K in 2023, a change of -22.01%.
MIDLAND FIXING SERVICES LIMITED reported cash in bank of £52.62K for 2024. That compares with £86.27K in 2023, a change of -39.01%.
MIDLAND FIXING SERVICES LIMITED reported 11 employees in 2024, compared with 11 in 2023.
Between 2022 and 2024, MIDLAND FIXING SERVICES LIMITED's net assets fell by 28.5%, cash in bank rose by 26.9%, total assets fell by 25.1% and total liabilities fell by 23.7%. Net assets contracted at 15.4% a year across the two years to 2024, from £202.41K to £144.73K. Reported headcount went from 12 in 2022 to 11 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.