MIKINA ENGINEERING LIMITED Financials
- Company number
- 04920505CopyCopy
- Registered office
- 898-902 Wimborne Road, Moordown Bournemouth, Dorset BH9 2DW
- Incorporated
- 03/10/2003
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
-129.40%vs 20232023: £93.46K
Total Assets
-2.24%vs 20232023: £555.44K
Cash in Bank
445.12%vs 20232023: £3.58K
Total Liabilities
28.52%vs 20232023: £421.06K
Employees
-2vs 20232023: 13
In 2024, MIKINA ENGINEERING LIMITED reported net assets of £-27.48K. The same filing shows total assets of £542.98K, cash in bank of £19.54K and total liabilities of £541.16K. Reported headcount was 11 in 2024. Net Assets fell from £93.46K in 2023 to £-27.48K in 2024 (-129.40%). 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
-129.40%from £93.46K 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 MIKINA ENGINEERING LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-153%vs 2022Cash in Bank
-8.1%vs 2022-4.1% a year compound (CAGR)
Total Assets
-10.3%vs 2022-5.3% a year compound (CAGR)
Total Liabilities
+8.6%vs 2022+4.2% a year compound (CAGR)
Employees
-15.4%vs 2022-2Biggest increase
Total Liabilities+8.6%
£498.41K in 2022 to £541.16K in 2024
Biggest decrease
Net Assets-153%
£51.94K in 2022 to £-27.48K in 2024
MIKINA ENGINEERING LIMITED's filings pull in both directions between 2022 and 2024. 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 MIKINA ENGINEERING 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
- -5.06%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
- 99.66%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
- 3.61%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
- 3.60%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 MIKINA ENGINEERING 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£ | 2.72K | 51.94K | 93.46K | -27.48K |
| Total Assets£ | 522.60K | 605.36K | 555.44K | 542.98K |
| Cash in Bank£ | 7.38K | 21.26K | 3.58K | 19.54K |
| Total Liabilities£ | 453.29K | 498.41K | 421.06K | 541.16K |
| Employees | 14 | 13 | 13 | 11 |
MIKINA ENGINEERING LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MIKINA ENGINEERING LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
MIKINA ENGINEERING LIMITED reported net assets of £-27.48K for 2024. That compares with £93.46K in 2023, a change of -129.40%.
MIKINA ENGINEERING LIMITED reported total assets of £542.98K for 2024. That compares with £555.44K in 2023, a change of -2.24%.
MIKINA ENGINEERING LIMITED reported cash in bank of £19.54K for 2024. That compares with £3.58K in 2023, a change of 445.12%.
MIKINA ENGINEERING LIMITED reported 11 employees in 2024, compared with 13 in 2023.
Between 2022 and 2024, MIKINA ENGINEERING LIMITED's net assets fell by 153%, cash in bank fell by 8.1%, total assets fell by 10.3% and total liabilities rose by 8.6%. Cash in bank contracted at 4.1% a year across the two years to 2024, from £21.26K to £19.54K. Reported headcount went from 13 in 2022 to 11 in 2024 (-2).
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.