MRI SOFTWARE SOLUTIONS LIMITED Financials
- Company number
- 04468712CopyCopy
- Registered office
- 9 King Street, London EC2V 8EA
- Incorporated
- 25/06/2002
Company snapshot
- Status
- Active
- Employees
- 109 (2024)
- Latest financial data
- 2024
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
91.71%vs 20232023: £6.31M
Total Assets
35.09%vs 20232023: £24.76M
Cash in Bank
Decreasedvs 20222022: £198.51K
Total Liabilities
15.73%vs 20232023: £18.45M
Employees
-5vs 20232023: 114
In 2024, MRI SOFTWARE SOLUTIONS LIMITED reported net assets of £12.09M. The same filing shows total assets of £33.45M, cash in bank of £3.61K and total liabilities of £21.36M. Reported headcount was 109 in 2024. Total Assets rose from £24.76M in 2023 to £33.45M in 2024 (35.09%). 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
91.71%from £6.31M 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 MRI SOFTWARE SOLUTIONS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+255%vs 2022+88.5% a year compound (CAGR)
Cash in Bank
-98.2%vs 2022-86.5% a year compound (CAGR)
Filed for 2022 and 2024 only
Total Assets
+108%vs 2022+44.3% a year compound (CAGR)
Total Liabilities
+68.7%vs 2022+29.9% a year compound (CAGR)
Employees
-1.8%vs 2022-2Biggest increase
Net Assets+255%
£3.40M in 2022 to £12.09M in 2024
Biggest decrease
Cash in Bank-98.2%
£198.51K in 2022 to £3.61K in 2024
MRI SOFTWARE SOLUTIONS LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MRI SOFTWARE 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
- 36.15%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
- 63.85%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
- 0.02%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
- 0.01%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £165.42K2024
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for MRI SOFTWARE 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£ | 2.08M | 3.40M | 6.31M | 12.09M |
| Total Assets£ | 14.47M | 16.06M | 24.76M | 33.45M |
| Cash in Bank£ | 574.83K | 198.51K | – | 3.61K |
| Total Liabilities£ | 12.38M | 12.66M | 18.45M | 21.36M |
| Employees | 132 | 111 | 114 | 109 |
MRI SOFTWARE SOLUTIONS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MRI SOFTWARE SOLUTIONS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
MRI SOFTWARE SOLUTIONS LIMITED reported net assets of £12.09M for 2024. That compares with £6.31M in 2023, a change of 91.71%.
MRI SOFTWARE SOLUTIONS LIMITED reported total assets of £33.45M for 2024. That compares with £24.76M in 2023, a change of 35.09%.
MRI SOFTWARE SOLUTIONS LIMITED reported cash in bank of £3.61K for 2024. That compares with £198.51K in 2022.
MRI SOFTWARE SOLUTIONS LIMITED reported 109 employees in 2024, compared with 114 in 2023.
Between 2022 and 2024, MRI SOFTWARE SOLUTIONS LIMITED's net assets rose by 255%, cash in bank fell by 98.2%, total assets rose by 108% and total liabilities rose by 68.7%. Net assets compounded at 88.5% a year across the two years to 2024, from £3.40M to £12.09M. Reported headcount went from 111 in 2022 to 109 in 2024 (-2).
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.