MPS PLUMBING SOLUTIONS LIMITED Financials
- Company number
- 05992669CopyCopy
- Registered office
- Market House, 21 Lenten Street, Alton, Hampshire GU34 1HG
- Incorporated
- 08/11/2006
Company snapshot
- Status
- Active
- Employees
- 6 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-92.14%vs 20232023: £7.83K
Total Assets
11.77%vs 20232023: £272.62K
Cash in Bank
-3.59%vs 20232023: £106.33K
Total Liabilities
14.85%vs 20232023: £264.79K
Employees
0vs 20232023: 6
In 2024, MPS PLUMBING SOLUTIONS LIMITED reported net assets of £615.00. The same filing shows total assets of £304.71K, cash in bank of £102.51K and total liabilities of £304.10K. Reported headcount was 6 in 2024. Total Liabilities rose from £264.79K in 2023 to £304.10K in 2024 (14.85%). 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
-92.14%from £7.83K 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 MPS PLUMBING SOLUTIONS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-98.5%vs 2022-87.9% a year compound (CAGR)
Cash in Bank
+6.4%vs 2022+3.2% a year compound (CAGR)
Total Assets
+31.3%vs 2022+14.6% a year compound (CAGR)
Total Liabilities
+60%vs 2022+26.5% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Total Liabilities+60%
£190.06K in 2022 to £304.10K in 2024
Biggest decrease
Net Assets-98.5%
£42.07K in 2022 to £615.00 in 2024
MPS PLUMBING SOLUTIONS 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 MPS PLUMBING SOLUTIONS 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
- 0.20%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
- 99.80%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
- 33.71%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
- 33.64%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 MPS PLUMBING SOLUTIONS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | -2.01K | 42.07K | 7.83K | 615.00 |
| Total Assets£ | 240.65K | 232.13K | 272.62K | 304.71K |
| Cash in Bank£ | 96.16K | 96.32K | 106.33K | 102.51K |
| Total Liabilities£ | 197.29K | 190.06K | 264.79K | 304.10K |
| Employees | 6 | 6 | 6 | 6 |
MPS PLUMBING SOLUTIONS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MPS PLUMBING SOLUTIONS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
MPS PLUMBING SOLUTIONS LIMITED reported net assets of £615.00 for 2024. That compares with £7.83K in 2023, a change of -92.14%.
MPS PLUMBING SOLUTIONS LIMITED reported total assets of £304.71K for 2024. That compares with £272.62K in 2023, a change of 11.77%.
MPS PLUMBING SOLUTIONS LIMITED reported cash in bank of £102.51K for 2024. That compares with £106.33K in 2023, a change of -3.59%.
MPS PLUMBING SOLUTIONS LIMITED reported 6 employees in 2024, compared with 6 in 2023.
Between 2022 and 2024, MPS PLUMBING SOLUTIONS LIMITED's net assets fell by 98.5%, cash in bank rose by 6.4%, total assets rose by 31.3% and total liabilities rose by 60%. Net assets contracted at 87.9% a year across the two years to 2024, from £42.07K to £615.00. Reported headcount went from 6 in 2022 to 6 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.