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MR COILTECH LIMITED Financials

Company number
SC544709Copy
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Registered office
8 Mitchell Drive, Milngavie, Glasgow Uk G62 6PY
Incorporated
06/09/2016

Company snapshot

Status
Active
Employees
10 (2025)
Latest financial data
2025
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£293.66K2025
67.03%vs 2024

2024: £175.82K

Total Assets

£601.64K2025
134.48%vs 2024

2024: £256.58K

Cash in Bank

£559.06K2025
228.46%vs 2024

2024: £170.21K

Total Liabilities

£307.97K2025
281.32%vs 2024

2024: £80.77K

Employees

102025
0vs 2024

2024: 10

In 2025, MR COILTECH LIMITED reported net assets of £293.66K. The same filing shows total assets of £601.64K, cash in bank of £559.06K and total liabilities of £307.97K. Reported headcount was 10 in 2025. Cash in Bank rose from £170.21K in 2024 to £559.06K in 2025 (228.46%). 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

£293.66K2025
67.03%from £175.82K in 2024

Year-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 MR COILTECH LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£91.80K2023£293.66K2025
+220%vs 2023

+78.9% a year compound (CAGR)

Cash in Bank

£202.22K2023£559.06K2025
+176%vs 2023

+66.3% a year compound (CAGR)

Employees

62023102025
+66.7%vs 2023+4

Biggest increase

Net Assets+220%

£91.80K in 2023 to £293.66K in 2025

Every indicator Okredo holds for MR COILTECH LIMITED rose between 2023 and 2025. The steepest rise came in net assets, pointing to a strengthening balance sheet, with cash in bank and employee numbers climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from MR COILTECH 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
48.81%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
51.19%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.

Cash to liabilities
181.53%2025

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
92.92%2025

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 MR COILTECH LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£106.83K87.45K91.80K175.82K293.66K
Total Assets£182.45K178.81K–256.58K601.64K
Cash in Bank£118.72K90.46K202.22K170.21K559.06K
Total Liabilities£75.62K91.36K–80.77K307.97K
Employees5561010

MR COILTECH LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has MR COILTECH LIMITED filed financial statements?

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Yes. Okredo holds filed figures for MR COILTECH LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.

What net assets did MR COILTECH LIMITED report in 2025?

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MR COILTECH LIMITED reported net assets of £293.66K for 2025. That compares with £175.82K in 2024, a change of 67.03%.

What total assets did MR COILTECH LIMITED report in 2025?

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MR COILTECH LIMITED reported total assets of £601.64K for 2025. That compares with £256.58K in 2024, a change of 134.48%.

What cash in bank did MR COILTECH LIMITED report in 2025?

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MR COILTECH LIMITED reported cash in bank of £559.06K for 2025. That compares with £170.21K in 2024, a change of 228.46%.

How many people does MR COILTECH LIMITED employ?

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MR COILTECH LIMITED reported 10 employees in 2025, compared with 10 in 2024.

How have MR COILTECH LIMITED financials changed over the last 3 years?

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Between 2023 and 2025, MR COILTECH LIMITED's net assets rose by 220%, cash in bank rose by 176% and employee numbers rose by 66.7%. Net assets compounded at 78.9% a year across the two years to 2025, from £91.80K to £293.66K. Reported headcount went from 6 in 2023 to 10 in 2025 (+4).

Which years of MR COILTECH LIMITED financial data are available?

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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.