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MMI ELECTRICAL SERVICES (UK) LIMITED Financials

Company number
08791286Copy
Copy
Registered office
3 Warners Mill, Silks Way, Braintree, Essex CM7 3GB
Incorporated
26/11/2013

Company snapshot

Status
Active
Employees
4 (2024)
Latest financial data
2024
Accounts type
Micro Entity

Financial highlights

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

Net Assets

£347.30K2024
113.36%vs 2023

2023: £162.78K

Total Assets

£282.29K2024
-7.85%vs 2023

2023: £306.34K

Total Liabilities

£-65.01K2024
-145.29%vs 2023

2023: £143.56K

Employees

42024
0vs 2023

2023: 4

In 2024, MMI ELECTRICAL SERVICES (UK) LIMITED reported net assets of £347.30K. The same filing shows total assets of £282.29K and total liabilities of £-65.01K. Reported headcount was 4 in 2024. Total Liabilities fell from £143.56K in 2023 to £-65.01K in 2024 (-145.29%). 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

£347.30K2024
113.36%from £162.78K 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 MMI ELECTRICAL SERVICES (UK) LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£109.05K2022£347.30K2024
+218%vs 2022

+78.5% a year compound (CAGR)

Total Assets

£165.28K2022£282.29K2024
+70.8%vs 2022

+30.7% a year compound (CAGR)

Total Liabilities

£56.23K2022£-65.01K2024
-216%vs 2022

Employees

3202242024
+33.3%vs 2022+1

Biggest increase

Net Assets+218%

£109.05K in 2022 to £347.30K in 2024

Biggest decrease

Total Liabilities-216%

£56.23K in 2022 to £-65.01K in 2024

MMI ELECTRICAL SERVICES (UK) 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 liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.

Ratios from the filed figures

Calculated from MMI ELECTRICAL SERVICES (UK) 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
123.03%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
-23.03%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 MMI ELECTRICAL SERVICES (UK) LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£94.74K109.05K162.78K347.30K
Total Assets£222.98K165.28K306.34K282.29K
Cash in Bank£––––
Total Liabilities£128.24K56.23K143.56K-65.01K
Employees3344

MMI ELECTRICAL SERVICES (UK) LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for MMI ELECTRICAL SERVICES (UK) LIMITED covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.

MMI ELECTRICAL SERVICES (UK) LIMITED reported net assets of £347.30K for 2024. That compares with £162.78K in 2023, a change of 113.36%.

MMI ELECTRICAL SERVICES (UK) LIMITED reported total assets of £282.29K for 2024. That compares with £306.34K in 2023, a change of -7.85%.

MMI ELECTRICAL SERVICES (UK) LIMITED reported total liabilities of £-65.01K for 2024. That compares with £143.56K in 2023, a change of -145.29%.

MMI ELECTRICAL SERVICES (UK) LIMITED reported 4 employees in 2024, compared with 4 in 2023.

Between 2022 and 2024, MMI ELECTRICAL SERVICES (UK) LIMITED's net assets rose by 218%, total assets rose by 70.8%, total liabilities fell by 216% and employee numbers rose by 33.3%. Net assets compounded at 78.5% a year across the two years to 2024, from £109.05K to £347.30K. Reported headcount went from 3 in 2022 to 4 in 2024 (+1).

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.