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MKL ACCOUNTANTS LIMITED Financials

Company number
04445157Copy
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Registered office
Herston Cross House, 230 High Street, Swanage, Dorset BH19 2PQ
Incorporated
22/05/2002

Company snapshot

Status
Active
Employees
10 (2024)
Latest financial data
2024
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£561.52K2024
5.13%vs 2023

2023: £534.13K

Total Assets

£850.16K2024
-18.95%vs 2023

2023: £1.05M

Cash in Bank

£175.49K2023
9.00%vs 2022

2022: £160.99K

Total Liabilities

£288.65K2024
-16.33%vs 2023

2023: £344.97K

Employees

102024
0vs 2023

2023: 10

In 2024, MKL ACCOUNTANTS LIMITED reported net assets of £561.52K. The same filing shows total assets of £850.16K, cash in bank of £175.49K and total liabilities of £288.65K. Reported headcount was 10 in 2024. Total Assets fell from £1.05M in 2023 to £850.16K in 2024 (-18.95%). 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

£561.52K2024
5.13%from £534.13K in 2023

Year-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 MKL ACCOUNTANTS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£548.51K2022£561.52K2024
+2.4%vs 2022

+1.2% a year compound (CAGR)

Total Assets

£1.05M2022£850.16K2024
-18.9%vs 2022

-9.9% a year compound (CAGR)

Total Liabilities

£325.45K2022£288.65K2024
-11.3%vs 2022

-5.8% a year compound (CAGR)

Employees

112022102024
-9.1%vs 2022-1

Biggest increase

Net Assets+2.4%

£548.51K in 2022 to £561.52K in 2024

Biggest decrease

Total Assets-18.9%

£1.05M in 2022 to £850.16K in 2024

MKL ACCOUNTANTS LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in total assets, pointing to a narrowing asset base. See the full year-by-year figures.

Ratios from the filed figures

Calculated from MKL ACCOUNTANTS 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
66.05%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
33.95%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.

Cash to liabilities
50.87%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
16.73%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 MKL ACCOUNTANTS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£566.13K548.51K534.13K561.52K
Total Assets£1.05M1.05M1.05M850.16K
Cash in Bank£210.91K160.99K175.49K–
Total Liabilities£307.54K325.45K344.97K288.65K
Employees12111010

MKL ACCOUNTANTS LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has MKL ACCOUNTANTS LIMITED filed financial statements?

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Yes. Okredo holds filed figures for MKL ACCOUNTANTS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

What net assets did MKL ACCOUNTANTS LIMITED report in 2024?

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MKL ACCOUNTANTS LIMITED reported net assets of £561.52K for 2024. That compares with £534.13K in 2023, a change of 5.13%.

What total assets did MKL ACCOUNTANTS LIMITED report in 2024?

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MKL ACCOUNTANTS LIMITED reported total assets of £850.16K for 2024. That compares with £1.05M in 2023, a change of -18.95%.

What cash in bank did MKL ACCOUNTANTS LIMITED report in 2023?

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MKL ACCOUNTANTS LIMITED reported cash in bank of £175.49K for 2023. That compares with £160.99K in 2022, a change of 9.00%.

How many people does MKL ACCOUNTANTS LIMITED employ?

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MKL ACCOUNTANTS LIMITED reported 10 employees in 2024, compared with 10 in 2023.

How have MKL ACCOUNTANTS LIMITED financials changed over the last 3 years?

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Between 2022 and 2024, MKL ACCOUNTANTS LIMITED's net assets rose by 2.4%, total assets fell by 18.9%, total liabilities fell by 11.3% and employee numbers fell by 9.1%. Net assets compounded at 1.2% a year across the two years to 2024, from £548.51K to £561.52K. Reported headcount went from 11 in 2022 to 10 in 2024 (-1).

Which years of MKL ACCOUNTANTS LIMITED financial data are available?

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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.