MIMO CONNECT LTD Financials
- Company number
- 11744508CopyCopy
- Registered office
- Unit 1 Chevron Business Park Lime Kiln Lane, Holbury, Southampton SO45 2QL
- Incorporated
- 31/12/2018
Company snapshot
- Status
- Active
- Employees
- 5 (2025)
- Latest financial data
- 2025
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-0.16%vs 20242024: £274.51K
Total Assets
-26.57%vs 20242024: £391.09K
Cash in Bank
-28.54%vs 20212021: £390.98K
Total Liabilities
-88.76%vs 20242024: £116.59K
Employees
+1vs 20242024: 4
In 2025, MIMO CONNECT LTD reported net assets of £274.08K. The same filing shows total assets of £287.17K, cash in bank of £279.38K and total liabilities of £13.10K. Reported headcount was 5 in 2025. Cash in Bank fell from £390.98K in 2021 to £279.38K in 2022 (-28.54%). 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
-0.16%from £274.51K 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 MIMO CONNECT LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+50.1%vs 2023+22.5% a year compound (CAGR)
Total Assets
-68.7%vs 2023-44.1% a year compound (CAGR)
Total Liabilities
-98.2%vs 2023-86.7% a year compound (CAGR)
Employees
-44.4%vs 2023-4Biggest increase
Net Assets+50.1%
£182.62K in 2023 to £274.08K in 2025
Biggest decrease
Total Liabilities-98.2%
£735.82K in 2023 to £13.10K in 2025
MIMO CONNECT LTD's filings pull in both directions between 2023 and 2025. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MIMO CONNECT 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
- 95.44%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
- 4.56%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.
- Cash to liabilities
- 27.55%2022
- 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
- 20.84%2022
- 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 MIMO CONNECT LTD 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£ | 258.13K | 311.21K | 182.62K | 274.51K | 274.08K |
| Total Assets£ | 1.19M | 1.34M | 918.44K | 391.09K | 287.17K |
| Cash in Bank£ | 390.98K | 279.38K | – | – | – |
| Total Liabilities£ | 925.99K | 1.01M | 735.82K | 116.59K | 13.10K |
| Employees | 5 | 9 | 9 | 4 | 5 |
MIMO CONNECT LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MIMO CONNECT LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
MIMO CONNECT LTD reported net assets of £274.08K for 2025. That compares with £274.51K in 2024, a change of -0.16%.
MIMO CONNECT LTD reported total assets of £287.17K for 2025. That compares with £391.09K in 2024, a change of -26.57%.
MIMO CONNECT LTD reported cash in bank of £279.38K for 2022. That compares with £390.98K in 2021, a change of -28.54%.
MIMO CONNECT LTD reported 5 employees in 2025, compared with 4 in 2024.
Between 2023 and 2025, MIMO CONNECT LTD's net assets rose by 50.1%, total assets fell by 68.7%, total liabilities fell by 98.2% and employee numbers fell by 44.4%. Net assets compounded at 22.5% a year across the two years to 2025, from £182.62K to £274.08K. Reported headcount went from 9 in 2023 to 5 in 2025 (-4).
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.