MINNS LIMITED Financials
- Company number
- 07867424CopyCopy
- Registered office
- 586 Room 5, 586 Bearwood Road, Smethwick B66 4BW
- Incorporated
- 01/12/2011
Company snapshot
- Status
- Active
- Employees
- 15 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-16.13%vs 20232023: £171.58K
Total Assets
25.39%vs 20232023: £220.49K
Total Liabilities
171.06%vs 20232023: £48.91K
Employees
-2vs 20232023: 17
In 2024, MINNS LIMITED reported net assets of £143.91K. The same filing shows total assets of £276.47K and total liabilities of £132.56K. Reported headcount was 15 in 2024. Total Liabilities rose from £48.91K in 2023 to £132.56K in 2024 (171.06%). 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
-16.13%from £171.58K 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 MINNS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-24%vs 2022-12.8% a year compound (CAGR)
Total Assets
+10.3%vs 2022+5% a year compound (CAGR)
Total Liabilities
+116%vs 2022+46.9% a year compound (CAGR)
Employees
-11.8%vs 2022-2Biggest increase
Total Liabilities+116%
£61.41K in 2022 to £132.56K in 2024
Biggest decrease
Net Assets-24%
£189.31K in 2022 to £143.91K in 2024
MINNS 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 MINNS 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
- 52.05%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
- 47.95%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 MINNS 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£ | 229.88K | 189.31K | 171.58K | 143.91K |
| Total Assets£ | 322.87K | 250.72K | 220.49K | 276.47K |
| Cash in Bank£ | – | – | – | – |
| Total Liabilities£ | 92.99K | 61.41K | 48.91K | 132.56K |
| Employees | 17 | 17 | 17 | 15 |
MINNS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MINNS LIMITED covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.
MINNS LIMITED reported net assets of £143.91K for 2024. That compares with £171.58K in 2023, a change of -16.13%.
MINNS LIMITED reported total assets of £276.47K for 2024. That compares with £220.49K in 2023, a change of 25.39%.
MINNS LIMITED reported total liabilities of £132.56K for 2024. That compares with £48.91K in 2023, a change of 171.06%.
MINNS LIMITED reported 15 employees in 2024, compared with 17 in 2023.
Between 2022 and 2024, MINNS LIMITED's net assets fell by 24%, total assets rose by 10.3%, total liabilities rose by 116% and employee numbers fell by 11.8%. Net assets contracted at 12.8% a year across the two years to 2024, from £189.31K to £143.91K. Reported headcount went from 17 in 2022 to 15 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.