MORE THAN BAGS LTD Financials
- Company number
- 08359332CopyCopy
- Registered office
- C/O Dafydd Hughes & Co, 6 Church Street, Llangefni, Anglesey LL77 7DU
- Incorporated
- 14/01/2013
Company snapshot
- Status
- Active
- Employees
- 5 (2025)
- Latest financial data
- 2025
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-81.97%vs 20242024: £28.58K
Total Assets
-35.97%vs 20242024: £52.25K
Total Liabilities
19.58%vs 20242024: £23.67K
Employees
0vs 20242024: 5
In 2025, MORE THAN BAGS LTD reported net assets of £5.15K. The same filing shows total assets of £33.45K and total liabilities of £28.30K. Reported headcount was 5 in 2025. Net Assets fell from £28.58K in 2024 to £5.15K in 2025 (-81.97%). 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
-81.97%from £28.58K in 2024Year-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 MORE THAN BAGS LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-86.8%vs 2023-63.7% a year compound (CAGR)
Total Assets
-53%vs 2023-31.4% a year compound (CAGR)
Total Liabilities
-12%vs 2023-6.2% a year compound (CAGR)
Employees
0%vs 2023Biggest decrease
Net Assets-86.8%
£39.03K in 2023 to £5.15K in 2025
Every measure that changed in MORE THAN BAGS LTD's filings between 2023 and 2025 fell. The steepest fall came in net assets, pointing to a weakening balance sheet, with total assets and total liabilities falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MORE THAN BAGS 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
- 15.40%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
- 84.60%2025
- 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 MORE THAN BAGS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 16.51K | 37.82K | 39.03K | 28.58K | 5.15K |
| Total Assets£ | 70.04K | 81.48K | 71.18K | 52.25K | 33.45K |
| Cash in Bank£ | – | – | – | – | – |
| Total Liabilities£ | 53.53K | 43.66K | 32.15K | 23.67K | 28.30K |
| Employees | 6 | 5 | 5 | 5 | 5 |
MORE THAN BAGS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MORE THAN BAGS LTD covering 2021–2025, across 4 reported indicators. The most recent reported year is 2025.
MORE THAN BAGS LTD reported net assets of £5.15K for 2025. That compares with £28.58K in 2024, a change of -81.97%.
MORE THAN BAGS LTD reported total assets of £33.45K for 2025. That compares with £52.25K in 2024, a change of -35.97%.
MORE THAN BAGS LTD reported total liabilities of £28.30K for 2025. That compares with £23.67K in 2024, a change of 19.58%.
MORE THAN BAGS LTD reported 5 employees in 2025, compared with 5 in 2024.
Between 2023 and 2025, MORE THAN BAGS LTD's net assets fell by 86.8%, total assets fell by 53%, total liabilities fell by 12% and employee numbers was unchanged. Net assets contracted at 63.7% a year across the two years to 2025, from £39.03K to £5.15K. Reported headcount went from 5 in 2023 to 5 in 2025.
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.