MIKE NEESAM & SON LIMITED Financials
- Company number
- 07553267CopyCopy
- Registered office
- Unit 5 Coundon Ind Estate, Coundon, Bishop Auckland, Co. Durham DL14 8NR
- Incorporated
- 07/03/2011
Company snapshot
- Status
- Active
- Employees
- 8 (2025)
- Latest financial data
- 2025
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-53.21%vs 20242024: £887.00
Total Assets
-0.11%vs 20242024: £232.73K
Total Liabilities
0.09%vs 20242024: £231.85K
Employees
+1vs 20242024: 7
In 2025, MIKE NEESAM & SON LIMITED reported net assets of £415.00. The same filing shows total assets of £232.48K and total liabilities of £232.06K. Reported headcount was 8 in 2025. Net Assets fell from £887.00 in 2024 to £415.00 in 2025 (-53.21%). Okredo holds filed figures for 2021–2025; 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
-53.21%from £887.00 in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures MIKE NEESAM & SON LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-99.7%vs 2023-94.8% a year compound (CAGR)
Total Assets
-17.2%vs 2023-9% a year compound (CAGR)
Total Liabilities
+81.9%vs 2023+34.9% a year compound (CAGR)
Employees
-20%vs 2023-2Biggest increase
Total Liabilities+81.9%
£127.59K in 2023 to £232.06K in 2025
Biggest decrease
Net Assets-99.7%
£153.11K in 2023 to £415.00 in 2025
MIKE NEESAM & SON LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, 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 MIKE NEESAM & SON 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
- 0.18%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
- 99.82%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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for MIKE NEESAM & SON LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 169.53K | 180.16K | 153.11K | 887.00 | 415.00 |
| Total Assets£ | 308.25K | 316.17K | 280.70K | 232.73K | 232.48K |
| Cash in Bank£ | – | – | – | – | – |
| Total Liabilities£ | 138.72K | 136.01K | 127.59K | 231.85K | 232.06K |
| Employees | 11 | 12 | 10 | 7 | 8 |
MIKE NEESAM & SON LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MIKE NEESAM & SON LIMITED covering 2021–2025, across 4 reported indicators. The most recent reported year is 2025.
MIKE NEESAM & SON LIMITED reported net assets of £415.00 for 2025. That compares with £887.00 in 2024, a change of -53.21%.
MIKE NEESAM & SON LIMITED reported total assets of £232.48K for 2025. That compares with £232.73K in 2024, a change of -0.11%.
MIKE NEESAM & SON LIMITED reported total liabilities of £232.06K for 2025. That compares with £231.85K in 2024, a change of 0.09%.
MIKE NEESAM & SON LIMITED reported 8 employees in 2025, compared with 7 in 2024.
Between 2023 and 2025, MIKE NEESAM & SON LIMITED's net assets fell by 99.7%, total assets fell by 17.2%, total liabilities rose by 81.9% and employee numbers fell by 20%. Net assets contracted at 94.8% a year across the two years to 2025, from £153.11K to £415.00. Reported headcount went from 10 in 2023 to 8 in 2025 (-2).
Okredo holds reported figures for the years 2021, 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.