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MKW HEATING CONTROLS LTD Financials

Company number
03688310Copy
Copy
Registered office
Hamill House, 112-116 Chorley New Road, Bolton BL1 4DH
Incorporated
24/12/1998

Company snapshot

Status
Active
Employees
6 (2025)
Latest financial data
2025
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£190.54K2025
-2.00%vs 2024

2024: £194.43K

Total Assets

£346.76K2025
-2.33%vs 2024

2024: £355.02K

Cash in Bank

£93.88K2025
-6.68%vs 2024

2024: £100.59K

Total Liabilities

£154.01K2022
30.52%vs 2021

2021: £118.00K

Employees

62025
+1vs 2024

2024: 5

In 2025, MKW HEATING CONTROLS LTD reported net assets of £190.54K. The same filing shows total assets of £346.76K, cash in bank of £93.88K and total liabilities of £154.01K. Reported headcount was 6 in 2025. Total Liabilities rose from £118.00K in 2021 to £154.01K in 2022 (30.52%). 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

£190.54K2025
-2.00%from £194.43K in 2024

Year-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 MKW HEATING CONTROLS LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£297.25K2023£190.54K2025
-35.9%vs 2023

-19.9% a year compound (CAGR)

Cash in Bank

£153.21K2023£93.88K2025
-38.7%vs 2023

-21.7% a year compound (CAGR)

Total Assets

£460.44K2023£346.76K2025
-24.7%vs 2023

-13.2% a year compound (CAGR)

Employees

5202362025
+20%vs 2023+1

Biggest increase

Employees+20%

5 in 2023 to 6 in 2025

Biggest decrease

Cash in Bank-38.7%

£153.21K in 2023 to £93.88K in 2025

MKW HEATING CONTROLS LTD's filings pull in both directions between 2023 and 2025. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.

Ratios from the filed figures

Calculated from MKW HEATING CONTROLS 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
54.95%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
40.19%2022
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
122.07%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
27.07%2025
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 MKW HEATING CONTROLS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£192.50K229.18K297.25K194.43K190.54K
Total Assets£310.50K383.19K460.44K355.02K346.76K
Cash in Bank£98.86K188.00K153.21K100.59K93.88K
Total Liabilities£118.00K154.01K–––
Employees63556

MKW HEATING CONTROLS LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for MKW HEATING CONTROLS LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.

MKW HEATING CONTROLS LTD reported net assets of £190.54K for 2025. That compares with £194.43K in 2024, a change of -2.00%.

MKW HEATING CONTROLS LTD reported total assets of £346.76K for 2025. That compares with £355.02K in 2024, a change of -2.33%.

MKW HEATING CONTROLS LTD reported cash in bank of £93.88K for 2025. That compares with £100.59K in 2024, a change of -6.68%.

MKW HEATING CONTROLS LTD reported 6 employees in 2025, compared with 5 in 2024.

Between 2023 and 2025, MKW HEATING CONTROLS LTD's net assets fell by 35.9%, cash in bank fell by 38.7%, total assets fell by 24.7% and employee numbers rose by 20%. Net assets contracted at 19.9% a year across the two years to 2025, from £297.25K to £190.54K. Reported headcount went from 5 in 2023 to 6 in 2025 (+1).

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.