MJASSOCIATES STAFFS LTD Financials
- Company number
- 07144033CopyCopy
- Registered office
- 1 & 2 Heritage Park, Hayes Way, Cannock, Staffordshire WS11 7LT
- Incorporated
- 02/02/2010
Company snapshot
- Status
- Active
- Employees
- 5 (2023)
- Latest financial data
- 2023
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-54.86%vs 20222022: £69.78K
Total Assets
17.54%vs 20222022: £292.15K
Cash in Bank
-61.13%vs 20222022: £81.92K
Total Liabilities
40.26%vs 20222022: £222.37K
Employees
-1vs 20222022: 6
In 2023, MJASSOCIATES STAFFS LTD reported net assets of £31.50K. The same filing shows total assets of £343.40K, cash in bank of £31.84K and total liabilities of £311.90K. Reported headcount was 5 in 2023. Total Liabilities rose from £222.37K in 2022 to £311.90K in 2023 (40.26%). Okredo holds filed figures for 2021–2023; 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
-54.86%from £69.78K in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures MJASSOCIATES STAFFS LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-44.2%vs 2021-25.3% a year compound (CAGR)
Cash in Bank
-25.8%vs 2021-13.8% a year compound (CAGR)
Total Assets
-15.4%vs 2021-8% a year compound (CAGR)
Total Liabilities
-10.8%vs 2021-5.5% a year compound (CAGR)
Employees
0%vs 2021Biggest decrease
Net Assets-44.2%
£56.42K in 2021 to £31.50K in 2023
Every measure that changed in MJASSOCIATES STAFFS LTD's filings between 2021 and 2023 fell. The steepest fall came in net assets, pointing to a weakening balance sheet, with cash in bank, total assets and total liabilities falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MJASSOCIATES STAFFS 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
- 9.17%2023
- 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
- 90.83%2023
- 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
- 10.21%2023
- 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
- 9.27%2023
- 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 MJASSOCIATES STAFFS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 56.42K | 69.78K | 31.50K |
| Total Assets£ | 405.94K | 292.15K | 343.40K |
| Cash in Bank£ | 42.90K | 81.92K | 31.84K |
| Total Liabilities£ | 349.52K | 222.37K | 311.90K |
| Employees | 5 | 6 | 5 |
MJASSOCIATES STAFFS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MJASSOCIATES STAFFS LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
MJASSOCIATES STAFFS LTD reported net assets of £31.50K for 2023. That compares with £69.78K in 2022, a change of -54.86%.
MJASSOCIATES STAFFS LTD reported total assets of £343.40K for 2023. That compares with £292.15K in 2022, a change of 17.54%.
MJASSOCIATES STAFFS LTD reported cash in bank of £31.84K for 2023. That compares with £81.92K in 2022, a change of -61.13%.
MJASSOCIATES STAFFS LTD reported 5 employees in 2023, compared with 6 in 2022.
Between 2021 and 2023, MJASSOCIATES STAFFS LTD's net assets fell by 44.2%, cash in bank fell by 25.8%, total assets fell by 15.4% and total liabilities fell by 10.8%. Net assets contracted at 25.3% a year across the two years to 2023, from £56.42K to £31.50K. Reported headcount went from 5 in 2021 to 5 in 2023.
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.