MIDLANDS RESIDENTIAL CARE LTD Financials
- Company number
- 13314132CopyCopy
- Registered office
- 36 Navigation Street, Walsall, West Midlands WS2 9LT
- Incorporated
- 06/04/2021
Company snapshot
- Status
- Active
- Employees
- 18 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2025.
Net Assets
-24.10%vs 20242024: £115.85K
Total Assets
-9.74%vs 20242024: £499.38K
Cash in Bank
-96.28%vs 20242024: £259.19K
Total Liabilities
-19.17%vs 20242024: £346.14K
Employees
+15vs 20242024: 3
In 2025, MIDLANDS RESIDENTIAL CARE LTD reported net assets of £87.93K. The same filing shows total assets of £450.73K, cash in bank of £9.65K and total liabilities of £279.80K. Reported headcount was 18 in 2025. Cash in Bank fell from £259.19K in 2024 to £9.65K in 2025 (-96.28%). Okredo holds filed figures for 2022–2025; 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
-24.10%from £115.85K in 2024Year-on-year change
Net Assets as filed for 2022–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures MIDLANDS RESIDENTIAL CARE LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
Increasedvs 2023Cash in Bank
-54.3%vs 2023-32.4% a year compound (CAGR)
Total Assets
+1908%vs 2023+348% a year compound (CAGR)
Total Liabilities
+893%vs 2023+215% a year compound (CAGR)
Employees
+500%vs 2023+15Biggest increase
Total Assets+1908%
£22.45K in 2023 to £450.73K in 2025
Biggest decrease
Cash in Bank-54.3%
£21.10K in 2023 to £9.65K in 2025
MIDLANDS RESIDENTIAL CARE LTD's filings pull in both directions between 2023 and 2025. The steepest rise came in total assets, pointing to a broader asset base, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MIDLANDS RESIDENTIAL CARE 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
- 19.51%2025
- 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
- 62.08%2025
- 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
- 3.45%2025
- 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
- 2.14%2025
- 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 MIDLANDS RESIDENTIAL CARE LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Net Assets£ | 4.00 | -5.74K | 115.85K | 87.93K |
| Total Assets£ | – | 22.45K | 499.38K | 450.73K |
| Cash in Bank£ | – | 21.10K | 259.19K | 9.65K |
| Total Liabilities£ | – | 28.19K | 346.14K | 279.80K |
| Employees | 2 | 3 | 3 | 18 |
MIDLANDS RESIDENTIAL CARE LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MIDLANDS RESIDENTIAL CARE LTD covering 2022–2025, across 5 reported indicators. The most recent reported year is 2025.
MIDLANDS RESIDENTIAL CARE LTD reported net assets of £87.93K for 2025. That compares with £115.85K in 2024, a change of -24.10%.
MIDLANDS RESIDENTIAL CARE LTD reported total assets of £450.73K for 2025. That compares with £499.38K in 2024, a change of -9.74%.
MIDLANDS RESIDENTIAL CARE LTD reported cash in bank of £9.65K for 2025. That compares with £259.19K in 2024, a change of -96.28%.
MIDLANDS RESIDENTIAL CARE LTD reported 18 employees in 2025, compared with 3 in 2024.
Between 2023 and 2025, MIDLANDS RESIDENTIAL CARE LTD's cash in bank fell by 54.3%, total assets rose by 1908%, total liabilities rose by 893% and employee numbers rose by 500%. Cash in bank contracted at 32.4% a year across the two years to 2025, from £21.10K to £9.65K. Reported headcount went from 3 in 2023 to 18 in 2025 (+15).
Okredo holds reported figures for the years 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.