MRI SOFTWARE LIMITED Financials
- Company number
- 03341304CopyCopy
- Registered office
- 9 King Street, London EC2V 8EA
- Incorporated
- 27/03/1997
Company snapshot
- Status
- Active
- Employees
- 73 (2023)
- Latest financial data
- 2023
- Accounts type
- Group
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-15.73%vs 20222022: £108.26M
Total Assets
-4.87%vs 20222022: £451.02M
Cash in Bank
41.74%vs 20222022: £8.39M
Total Liabilities
-1.43%vs 20222022: £342.63M
Employees
+16vs 20222022: 57
In 2023, MRI SOFTWARE LIMITED reported net assets of £91.23M. The same filing shows total assets of £429.07M, cash in bank of £11.89M and total liabilities of £337.74M. Reported headcount was 73 in 2023. Total Assets fell from £451.02M in 2022 to £429.07M in 2023 (-4.87%). Okredo holds filed figures for 2021–2023; 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
-15.73%from £108.26M in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures MRI SOFTWARE LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+11.1%vs 2021+5.4% a year compound (CAGR)
Cash in Bank
+56.2%vs 2021+25% a year compound (CAGR)
Total Assets
+1.5%vs 2021+0.8% a year compound (CAGR)
Total Liabilities
-0.8%vs 2021-0.4% a year compound (CAGR)
Employees
+37.7%vs 2021+20Biggest increase
Cash in Bank+56.2%
£7.61M in 2021 to £11.89M in 2023
Biggest decrease
Total Liabilities-0.8%
£340.54M in 2021 to £337.74M in 2023
MRI SOFTWARE LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MRI SOFTWARE 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
- 21.26%2023
- 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
- 78.71%2023
- 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
- 3.52%2023
- 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
- 2.77%2023
- 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 MRI SOFTWARE LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 82.16M | 108.26M | 91.23M |
| Total Assets£ | 422.69M | 451.02M | 429.07M |
| Cash in Bank£ | 7.61M | 8.39M | 11.89M |
| Total Liabilities£ | 340.54M | 342.63M | 337.74M |
| Employees | 53 | 57 | 73 |
MRI SOFTWARE LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MRI SOFTWARE LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
MRI SOFTWARE LIMITED reported net assets of £91.23M for 2023. That compares with £108.26M in 2022, a change of -15.73%.
MRI SOFTWARE LIMITED reported total assets of £429.07M for 2023. That compares with £451.02M in 2022, a change of -4.87%.
MRI SOFTWARE LIMITED reported cash in bank of £11.89M for 2023. That compares with £8.39M in 2022, a change of 41.74%.
MRI SOFTWARE LIMITED reported 73 employees in 2023, compared with 57 in 2022.
Between 2021 and 2023, MRI SOFTWARE LIMITED's net assets rose by 11.1%, cash in bank rose by 56.2%, total assets rose by 1.5% and total liabilities fell by 0.8%. Net assets compounded at 5.4% a year across the two years to 2023, from £82.16M to £91.23M. Reported headcount went from 53 in 2021 to 73 in 2023 (+20).
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.