MIDNIGHT CONTRACTING LTD Financials
- Company number
- 07309580CopyCopy
- Registered office
- 5th Floor 16 Great Queen Street, Covent Garden, London WC2B 5DG
- Incorporated
- 09/07/2010
Company snapshot
- Status
- Active
- Employees
- 4 (2023)
- Latest financial data
- 2023
- Accounts type
- Group
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
28.68%vs 20222022: £44.41K
Total Assets
-9.31%vs 20222022: £1.52M
Cash in Bank
-28.83%vs 20222022: £1.13M
Total Liabilities
First reported yearEmployees
0vs 20222022: 4
In 2023, MIDNIGHT CONTRACTING LTD reported net assets of £57.15K. The same filing shows total assets of £1.38M, cash in bank of £805.75K and total liabilities of £1.17M. Reported headcount was 4 in 2023. Cash in Bank fell from £1.13M in 2022 to £805.75K in 2023 (-28.83%). Okredo holds filed figures for 2021–2023; 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
28.68%from £44.41K in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures MIDNIGHT CONTRACTING LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-64.1%vs 2021-40.1% a year compound (CAGR)
Cash in Bank
-12%vs 2021-6.2% a year compound (CAGR)
Total Assets
+3.6%vs 2021+1.8% a year compound (CAGR)
Employees
0%vs 2021Biggest increase
Total Assets+3.6%
£1.33M in 2021 to £1.38M in 2023
Biggest decrease
Net Assets-64.1%
£159.02K in 2021 to £57.15K in 2023
MIDNIGHT CONTRACTING LTD's filings pull in both directions between 2021 and 2023. The steepest rise came in total assets, pointing to a broader asset base, 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 MIDNIGHT CONTRACTING 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
- 4.15%2023
- 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
- 88.13%2021
- 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
- 78.03%2021
- 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
- 58.45%2023
- 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 MIDNIGHT CONTRACTING LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 159.02K | 44.41K | 57.15K |
| Total Assets£ | 1.33M | 1.52M | 1.38M |
| Cash in Bank£ | 915.45K | 1.13M | 805.75K |
| Total Liabilities£ | 1.17M | – | – |
| Employees | 4 | 4 | 4 |
MIDNIGHT CONTRACTING LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MIDNIGHT CONTRACTING LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
MIDNIGHT CONTRACTING LTD reported net assets of £57.15K for 2023. That compares with £44.41K in 2022, a change of 28.68%.
MIDNIGHT CONTRACTING LTD reported total assets of £1.38M for 2023. That compares with £1.52M in 2022, a change of -9.31%.
MIDNIGHT CONTRACTING LTD reported cash in bank of £805.75K for 2023. That compares with £1.13M in 2022, a change of -28.83%.
MIDNIGHT CONTRACTING LTD reported 4 employees in 2023, compared with 4 in 2022.
Between 2021 and 2023, MIDNIGHT CONTRACTING LTD's net assets fell by 64.1%, cash in bank fell by 12%, total assets rose by 3.6% and employee numbers was unchanged. Net assets contracted at 40.1% a year across the two years to 2023, from £159.02K to £57.15K. Reported headcount went from 4 in 2021 to 4 in 2023.
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.