ML RESTAURANTS LTD Financials
- Company number
- SC501395Copy
Copy - Registered office
- 14 Newton Place, Glasgow G3 7PY
- Incorporated
- 24/03/2015
Company snapshot
- Status
- Active
- Employees
- 33 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
10.34%vs 20232023: £46.69K
Total Assets
1.06%vs 20232023: £355.90K
Cash in Bank
32.84%vs 20232023: £35.31K
Total Liabilities
3.10%vs 20232023: £246.71K
Employees
+1vs 20232023: 32
In 2024, ML RESTAURANTS LTD reported net assets of £51.52K. The same filing shows total assets of £359.66K, cash in bank of £46.91K and total liabilities of £254.37K. Reported headcount was 33 in 2024. Cash in Bank rose from £35.31K in 2023 to £46.91K in 2024 (32.84%). 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
10.34%from £46.69K 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 ML RESTAURANTS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+51.2%vs 2022+23% a year compound (CAGR)
Cash in Bank
+15.5%vs 2022+7.5% a year compound (CAGR)
Total Assets
-5.4%vs 2022-2.7% a year compound (CAGR)
Total Liabilities
-8.6%vs 2022-4.4% a year compound (CAGR)
Employees
+26.9%vs 2022+7Biggest increase
Net Assets+51.2%
£34.08K in 2022 to £51.52K in 2024
Biggest decrease
Total Liabilities-8.6%
£278.21K in 2022 to £254.37K in 2024
ML RESTAURANTS LTD'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 liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from ML RESTAURANTS 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
- 14.32%2024
- Liabilities to total assets
- 70.72%2024
- Cash to liabilities
- 18.44%2024
- Cash to total assets
- 13.04%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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 ML RESTAURANTS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 921.00 | 34.08K | 46.69K | 51.52K |
| Total Assets£ | 338.44K | 380.27K | 355.90K | 359.66K |
| Cash in Bank£ | 29.96K | 40.60K | 35.31K | 46.91K |
| Total Liabilities£ | 258.83K | 278.21K | 246.71K | 254.37K |
| Employees | 22 | 26 | 32 | 33 |
ML RESTAURANTS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has ML RESTAURANTS LTD filed financial statements?
Yes. Okredo holds filed figures for ML RESTAURANTS LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did ML RESTAURANTS LTD report in 2024?
ML RESTAURANTS LTD reported net assets of £51.52K for 2024. That compares with £46.69K in 2023, a change of 10.34%.
What total assets did ML RESTAURANTS LTD report in 2024?
ML RESTAURANTS LTD reported total assets of £359.66K for 2024. That compares with £355.90K in 2023, a change of 1.06%.
What cash in bank did ML RESTAURANTS LTD report in 2024?
ML RESTAURANTS LTD reported cash in bank of £46.91K for 2024. That compares with £35.31K in 2023, a change of 32.84%.
How many people does ML RESTAURANTS LTD employ?
ML RESTAURANTS LTD reported 33 employees in 2024, compared with 32 in 2023.
How have ML RESTAURANTS LTD financials changed over the last 3 years?
Between 2022 and 2024, ML RESTAURANTS LTD's net assets rose by 51.2%, cash in bank rose by 15.5%, total assets fell by 5.4% and total liabilities fell by 8.6%. Net assets compounded at 23% a year across the two years to 2024, from £34.08K to £51.52K. Reported headcount went from 26 in 2022 to 33 in 2024 (+7).
Which years of ML RESTAURANTS LTD financial data are available?
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.