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MOTORING ASSISTANCE LIMITED Financials

Company number
10467192Copy
Copy
Registered office
100 Barbirolli Square, Manchester M2 3AB
Incorporated
07/11/2016

Company snapshot

Status
Active
Employees
8 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

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

Net Assets

£61.91K2024
55.49%vs 2023

2023: £39.82K

Total Assets

£465.26K2024
68.89%vs 2023

2023: £275.49K

Cash in Bank

£197.81K2024
256.87%vs 2023

2023: £55.43K

Total Liabilities

£399.07K2024
70.69%vs 2023

2023: £233.80K

Employees

82024
+1vs 2023

2023: 7

In 2024, MOTORING ASSISTANCE LIMITED reported net assets of £61.91K. The same filing shows total assets of £465.26K, cash in bank of £197.81K and total liabilities of £399.07K. Reported headcount was 8 in 2024. Total Assets rose from £275.49K in 2023 to £465.26K in 2024 (68.89%). 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

£61.91K2024
55.49%from £39.82K 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 MOTORING ASSISTANCE LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£187.02K2022£61.91K2024
-66.9%vs 2022

-42.5% a year compound (CAGR)

Total Assets

£291.33K2022£465.26K2024
+59.7%vs 2022

+26.4% a year compound (CAGR)

Total Liabilities

£104.31K2022£399.07K2024
+283%vs 2022

+95.6% a year compound (CAGR)

Employees

3202282024
+167%vs 2022+5

Biggest increase

Total Liabilities+283%

£104.31K in 2022 to £399.07K in 2024

Biggest decrease

Net Assets-66.9%

£187.02K in 2022 to £61.91K in 2024

MOTORING ASSISTANCE LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.

Ratios from the filed figures

Calculated from MOTORING ASSISTANCE 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
13.31%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
85.77%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
49.57%2024
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
42.52%2024
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 MOTORING ASSISTANCE LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£131.68K187.02K39.82K61.91K
Total Assets£216.50K291.33K275.49K465.26K
Cash in Bank£––55.43K197.81K
Total Liabilities£84.82K104.31K233.80K399.07K
Employees1378

MOTORING ASSISTANCE LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

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

MOTORING ASSISTANCE LIMITED reported net assets of £61.91K for 2024. That compares with £39.82K in 2023, a change of 55.49%.

MOTORING ASSISTANCE LIMITED reported total assets of £465.26K for 2024. That compares with £275.49K in 2023, a change of 68.89%.

MOTORING ASSISTANCE LIMITED reported cash in bank of £197.81K for 2024. That compares with £55.43K in 2023, a change of 256.87%.

MOTORING ASSISTANCE LIMITED reported 8 employees in 2024, compared with 7 in 2023.

Between 2022 and 2024, MOTORING ASSISTANCE LIMITED's net assets fell by 66.9%, total assets rose by 59.7%, total liabilities rose by 283% and employee numbers rose by 167%. Net assets contracted at 42.5% a year across the two years to 2024, from £187.02K to £61.91K. Reported headcount went from 3 in 2022 to 8 in 2024 (+5).

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.