MILITEC LTD. Financials
- Company number
- 03317741CopyCopy
- Registered office
- Unit 16 Cwm Cynon Business Park, Mountain Ash, Mid-Glamorgan CF45 4ER
- Incorporated
- 13/02/1997
Company snapshot
- Status
- Active
- Employees
- 12 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
4.63%vs 20232023: £47.09K
Total Assets
22.84%vs 20232023: £341.26K
Cash in Bank
17.53%vs 20232023: £62.11K
Total Liabilities
27.41%vs 20232023: £285.42K
Employees
+2vs 20232023: 10
In 2024, MILITEC LTD. reported net assets of £49.28K. The same filing shows total assets of £419.19K, cash in bank of £73.00K and total liabilities of £363.65K. Reported headcount was 12 in 2024. Total Liabilities rose from £285.42K in 2023 to £363.65K in 2024 (27.41%). 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
4.63%from £47.09K 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 MILITEC LTD. filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+12.3%vs 2022+5.9% a year compound (CAGR)
Cash in Bank
+281%vs 2022+95.2% a year compound (CAGR)
Employees
+20%vs 2022+2Biggest increase
Cash in Bank+281%
£19.16K in 2022 to £73.00K in 2024
Every indicator Okredo holds for MILITEC LTD. rose between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MILITEC 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
- 11.75%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
- 86.75%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
- 20.07%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
- 17.41%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 MILITEC 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£ | -55.17K | 43.90K | 47.09K | 49.28K |
| Total Assets£ | 121.31K | – | 341.26K | 419.19K |
| Cash in Bank£ | 18.22K | 19.16K | 62.11K | 73.00K |
| Total Liabilities£ | 175.26K | – | 285.42K | 363.65K |
| Employees | 8 | 10 | 10 | 12 |
MILITEC LTD. financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MILITEC LTD. covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
MILITEC LTD. reported net assets of £49.28K for 2024. That compares with £47.09K in 2023, a change of 4.63%.
MILITEC LTD. reported total assets of £419.19K for 2024. That compares with £341.26K in 2023, a change of 22.84%.
MILITEC LTD. reported cash in bank of £73.00K for 2024. That compares with £62.11K in 2023, a change of 17.53%.
MILITEC LTD. reported 12 employees in 2024, compared with 10 in 2023.
Between 2022 and 2024, MILITEC LTD.'s net assets rose by 12.3%, cash in bank rose by 281% and employee numbers rose by 20%. Net assets compounded at 5.9% a year across the two years to 2024, from £43.90K to £49.28K. Reported headcount went from 10 in 2022 to 12 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.