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MR YIP CATERING LIMITED Financials

Company number
SC277251Copy
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Registered office
9 Ainslie Place, Edinburgh, Midlothian EH3 6AT
Incorporated
09/12/2004

Company snapshot

Status
Active
Employees
15 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

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

Net Assets

£-114.34K2024
-14.67%vs 2023

2023: £-99.71K

Total Assets

£55.85K2024
61.75%vs 2023

2023: £34.53K

Cash in Bank

£16.99K2024
9.75%vs 2023

2023: £15.48K

Total Liabilities

£169.05K2024
28.81%vs 2023

2023: £131.24K

Employees

152024
-1vs 2023

2023: 16

In 2024, MR YIP CATERING LIMITED reported net assets of £-114.34K. The same filing shows total assets of £55.85K, cash in bank of £16.99K and total liabilities of £169.05K. Reported headcount was 15 in 2024. Total Liabilities rose from £131.24K in 2023 to £169.05K in 2024 (28.81%). 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

£-114.34K2024
-14.67%from £-99.71K 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 MR YIP CATERING LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£-68.09K2022£-114.34K2024
Decreasedvs 2022

Cash in Bank

£10.16K2022£16.99K2024
+67.3%vs 2022

+29.4% a year compound (CAGR)

Total Assets

£35.39K2022£55.85K2024
+57.8%vs 2022

+25.6% a year compound (CAGR)

Total Liabilities

£98.62K2022£169.05K2024
+71.4%vs 2022

+30.9% a year compound (CAGR)

Employees

162022152024
-6.3%vs 2022-1

Biggest increase

Total Liabilities+71.4%

£98.62K in 2022 to £169.05K in 2024

Biggest decrease

Employees-6.3%

16 in 2022 to 15 in 2024

MR YIP CATERING 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 employee numbers, pointing to a smaller workforce. See the full year-by-year figures.

Ratios from the filed figures

Calculated from MR YIP CATERING 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
-204.73%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
302.69%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
10.05%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
30.42%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 MR YIP CATERING LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£-16.44K-68.09K-99.71K-114.34K
Total Assets£82.68K35.39K34.53K55.85K
Cash in Bank£61.75K10.16K15.48K16.99K
Total Liabilities£94.88K98.62K131.24K169.05K
Employees15161615

MR YIP CATERING LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has MR YIP CATERING LIMITED filed financial statements?

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

What net assets did MR YIP CATERING LIMITED report in 2024?

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MR YIP CATERING LIMITED reported net assets of £-114.34K for 2024. That compares with £-99.71K in 2023, a change of -14.67%.

What total assets did MR YIP CATERING LIMITED report in 2024?

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MR YIP CATERING LIMITED reported total assets of £55.85K for 2024. That compares with £34.53K in 2023, a change of 61.75%.

What cash in bank did MR YIP CATERING LIMITED report in 2024?

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MR YIP CATERING LIMITED reported cash in bank of £16.99K for 2024. That compares with £15.48K in 2023, a change of 9.75%.

How many people does MR YIP CATERING LIMITED employ?

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MR YIP CATERING LIMITED reported 15 employees in 2024, compared with 16 in 2023.

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

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Between 2022 and 2024, MR YIP CATERING LIMITED's cash in bank rose by 67.3%, total assets rose by 57.8%, total liabilities rose by 71.4% and employee numbers fell by 6.3%. Cash in bank compounded at 29.4% a year across the two years to 2024, from £10.16K to £16.99K. Reported headcount went from 16 in 2022 to 15 in 2024 (-1).

Which years of MR YIP CATERING LIMITED financial data are available?

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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.