MIDNIGHT MOTOR ZONE LTD Financials
- Company number
- 08237238CopyCopy
- Registered office
- 204 St. Vincent Street West, Birmingham B16 8RP
- Incorporated
- 02/10/2012
Company snapshot
- Status
- Active
- Employees
- 2 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
5.16%vs 20232023: £17.26K
Total Assets
-88.84%vs 20232023: £309.18K
Total Liabilities
-94.40%vs 20232023: £291.92K
Employees
-2vs 20232023: 4
In 2024, MIDNIGHT MOTOR ZONE LTD reported net assets of £18.15K. The same filing shows total assets of £34.50K and total liabilities of £16.35K. Reported headcount was 2 in 2024. Total Liabilities fell from £291.92K in 2023 to £16.35K in 2024 (-94.40%). 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
5.16%from £17.26K 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 MIDNIGHT MOTOR ZONE LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-77.7%vs 2022-52.8% a year compound (CAGR)
Total Assets
-90%vs 2022-68.3% a year compound (CAGR)
Total Liabilities
-93.8%vs 2022-75.1% a year compound (CAGR)
Employees
-60%vs 2022-3Biggest decrease
Total Liabilities-93.8%
£262.83K in 2022 to £16.35K in 2024
Every indicator Okredo holds for MIDNIGHT MOTOR ZONE LTD fell between 2022 and 2024. The steepest fall came in total liabilities, pointing to lighter outstanding obligations, with net assets, total assets and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MIDNIGHT MOTOR ZONE 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
- 52.60%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
- 47.40%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 MIDNIGHT MOTOR ZONE LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 1.35K | 81.36K | 17.26K | 18.15K |
| Total Assets£ | 103.21K | 344.19K | 309.18K | 34.50K |
| Cash in Bank£ | – | – | – | – |
| Total Liabilities£ | 101.86K | 262.83K | 291.92K | 16.35K |
| Employees | 5 | 5 | 4 | 2 |
MIDNIGHT MOTOR ZONE LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MIDNIGHT MOTOR ZONE LTD covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.
MIDNIGHT MOTOR ZONE LTD reported net assets of £18.15K for 2024. That compares with £17.26K in 2023, a change of 5.16%.
MIDNIGHT MOTOR ZONE LTD reported total assets of £34.50K for 2024. That compares with £309.18K in 2023, a change of -88.84%.
MIDNIGHT MOTOR ZONE LTD reported total liabilities of £16.35K for 2024. That compares with £291.92K in 2023, a change of -94.40%.
MIDNIGHT MOTOR ZONE LTD reported 2 employees in 2024, compared with 4 in 2023.
Between 2022 and 2024, MIDNIGHT MOTOR ZONE LTD's net assets fell by 77.7%, total assets fell by 90%, total liabilities fell by 93.8% and employee numbers fell by 60%. Net assets contracted at 52.8% a year across the two years to 2024, from £81.36K to £18.15K. Reported headcount went from 5 in 2022 to 2 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.