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MRL CONSULTING GROUP LIMITED Financials

Company number
03359812Copy
Copy
Registered office
The Agora, Ellen Street, Hove, East Sussex BN3 3LN
Incorporated
21/04/1997

Company snapshot

Status
Active
Employees
33 (2024)
Latest financial data
2024
Accounts type
Unaudited abridged

Financial highlights

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

Net Assets

£-1.94M2024
-15.29%vs 2023

2023: £-1.69M

Total Assets

£1.65M2024
-13.66%vs 2023

2023: £1.91M

Cash in Bank

£35.31K2024
17.35%vs 2023

2023: £30.09K

Total Liabilities

£3.58M2024
0.41%vs 2023

2023: £3.57M

Employees

332024
-3vs 2023

2023: 36

In 2024, MRL CONSULTING GROUP LIMITED reported net assets of £-1.94M. The same filing shows total assets of £1.65M, cash in bank of £35.31K and total liabilities of £3.58M. Reported headcount was 33 in 2024. Total Assets fell from £1.91M in 2023 to £1.65M in 2024 (-13.66%). 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

£-1.94M2024
-15.29%from £-1.69M 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 MRL CONSULTING GROUP LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£-777.44K2022£-1.94M2024
Decreasedvs 2022

Cash in Bank

£63.59K2022£35.31K2024
-44.5%vs 2022

-25.5% a year compound (CAGR)

Total Assets

£3.05M2022£1.65M2024
-45.9%vs 2022

-26.5% a year compound (CAGR)

Total Liabilities

£3.79M2022£3.58M2024
-5.6%vs 2022

-2.8% a year compound (CAGR)

Employees

392022332024
-15.4%vs 2022-6

Biggest decrease

Total Assets-45.9%

£3.05M in 2022 to £1.65M in 2024

Every indicator Okredo holds for MRL CONSULTING GROUP LIMITED fell between 2022 and 2024. The steepest fall came in total assets, pointing to a narrowing asset base, with net assets, cash in bank, total liabilities and employee numbers falling alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from MRL CONSULTING GROUP 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
-118.03%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
217.33%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
0.99%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
2.14%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 MRL CONSULTING GROUP LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£-893.21K-777.44K-1.69M-1.94M
Total Assets£2.08M3.05M1.91M1.65M
Cash in Bank£53.82K63.59K30.09K35.31K
Total Liabilities£2.93M3.79M3.57M3.58M
Employees31393633

MRL CONSULTING GROUP LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for MRL CONSULTING GROUP LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

MRL CONSULTING GROUP LIMITED reported net assets of £-1.94M for 2024. That compares with £-1.69M in 2023, a change of -15.29%.

MRL CONSULTING GROUP LIMITED reported total assets of £1.65M for 2024. That compares with £1.91M in 2023, a change of -13.66%.

MRL CONSULTING GROUP LIMITED reported cash in bank of £35.31K for 2024. That compares with £30.09K in 2023, a change of 17.35%.

MRL CONSULTING GROUP LIMITED reported 33 employees in 2024, compared with 36 in 2023.

Between 2022 and 2024, MRL CONSULTING GROUP LIMITED's cash in bank fell by 44.5%, total assets fell by 45.9%, total liabilities fell by 5.6% and employee numbers fell by 15.4%. Cash in bank contracted at 25.5% a year across the two years to 2024, from £63.59K to £35.31K. Reported headcount went from 39 in 2022 to 33 in 2024 (-6).

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.