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MOUNTSORREL CAR SALES LTD Financials

Company number
12224322Copy
Copy
Registered office
177 Leicester Road, Mountsorrel, Loughborough LE12 7DB
Incorporated
24/09/2019

Company snapshot

Status
Active
Employees
3 (2024)
Latest financial data
2024
Accounts type
Micro Entity

Financial highlights

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

Net Assets

£-33.09K2024
-242.14%vs 2023

2023: £-9.67K

Total Assets

£53.07K2024
-18.46%vs 2023

2023: £65.08K

Total Liabilities

£86.15K2024
15.26%vs 2023

2023: £74.75K

Employees

32024
0vs 2023

2023: 3

In 2024, MOUNTSORREL CAR SALES LTD reported net assets of £-33.09K. The same filing shows total assets of £53.07K and total liabilities of £86.15K. Reported headcount was 3 in 2024. Net Assets fell from £-9.67K in 2023 to £-33.09K in 2024 (-242.14%). 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

£-33.09K2024
-242.14%from £-9.67K 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 MOUNTSORREL CAR SALES LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£57.00K2022£-33.09K2024
-158%vs 2022

Total Assets

£77.34K2022£53.07K2024
-31.4%vs 2022

-17.2% a year compound (CAGR)

Total Liabilities

£20.34K2022£86.15K2024
+324%vs 2022

+106% a year compound (CAGR)

Employees

3202232024
0%vs 2022

Biggest increase

Total Liabilities+324%

£20.34K in 2022 to £86.15K in 2024

Biggest decrease

Net Assets-158%

£57.00K in 2022 to £-33.09K in 2024

MOUNTSORREL CAR SALES LTD'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 MOUNTSORREL CAR SALES 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
-62.35%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
162.35%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 MOUNTSORREL CAR SALES LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£122.72K57.00K-9.67K-33.09K
Total Assets£177.17K77.34K65.08K53.07K
Cash in Bank£––––
Total Liabilities£54.45K20.34K74.75K86.15K
Employees3333

MOUNTSORREL CAR SALES LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for MOUNTSORREL CAR SALES LTD covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.

MOUNTSORREL CAR SALES LTD reported net assets of £-33.09K for 2024. That compares with £-9.67K in 2023, a change of -242.14%.

MOUNTSORREL CAR SALES LTD reported total assets of £53.07K for 2024. That compares with £65.08K in 2023, a change of -18.46%.

MOUNTSORREL CAR SALES LTD reported total liabilities of £86.15K for 2024. That compares with £74.75K in 2023, a change of 15.26%.

MOUNTSORREL CAR SALES LTD reported 3 employees in 2024, compared with 3 in 2023.

Between 2022 and 2024, MOUNTSORREL CAR SALES LTD's net assets fell by 158%, total assets fell by 31.4%, total liabilities rose by 324% and employee numbers was unchanged. Total assets contracted at 17.2% a year across the two years to 2024, from £77.34K to £53.07K. Reported headcount went from 3 in 2022 to 3 in 2024.

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.