MRN (LEGAL COSTS) LIMITED Financials
- Company number
- 05251625Copy
Copy - Registered office
- 2nd Floor Parkgates, Bury New Road, Prestwich M25 0TL
- Incorporated
- 06/10/2004
Company snapshot
- Status
- Active
- Employees
- 4 (2025)
- Latest financial data
- 2025
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-60.89%vs 20242024: £537.00
Total Assets
-11.16%vs 20242024: £51.64K
Total Liabilities
-31.58%vs 20242024: £16.91K
Employees
-2vs 20242024: 6
In 2025, MRN (LEGAL COSTS) LIMITED reported net assets of £210.00. The same filing shows total assets of £45.88K and total liabilities of £11.57K. Reported headcount was 4 in 2025. Total Assets fell from £51.64K in 2024 to £45.88K in 2025 (-11.16%). 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
-60.89%from £537.00 in 2024Year-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 MRN (LEGAL COSTS) LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-66.3%vs 2023-42% a year compound (CAGR)
Total Assets
-41%vs 2023-23.2% a year compound (CAGR)
Total Liabilities
-50.1%vs 2023-29.4% a year compound (CAGR)
Employees
-20%vs 2023-1Biggest decrease
Net Assets-66.3%
£624.00 in 2023 to £210.00 in 2025
Every indicator Okredo holds for MRN (LEGAL COSTS) LIMITED fell between 2023 and 2025. The steepest fall came in net assets, pointing to a weakening balance sheet, with total assets, total liabilities and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MRN (LEGAL COSTS) 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
- 0.46%2025
- Liabilities to total assets
- 25.21%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.
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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for MRN (LEGAL COSTS) LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 745.00 | 850.00 | 624.00 | 537.00 | 210.00 |
| Total Assets£ | 109.48K | 102.12K | 77.74K | 51.64K | 45.88K |
| Cash in Bank£ | – | – | – | – | – |
| Total Liabilities£ | 32.07K | 29.95K | 23.18K | 16.91K | 11.57K |
| Employees | 4 | 5 | 5 | 6 | 4 |
MRN (LEGAL COSTS) LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has MRN (LEGAL COSTS) LIMITED filed financial statements?
Yes. Okredo holds filed figures for MRN (LEGAL COSTS) LIMITED covering 2021–2025, across 4 reported indicators. The most recent reported year is 2025.
What net assets did MRN (LEGAL COSTS) LIMITED report in 2025?
MRN (LEGAL COSTS) LIMITED reported net assets of £210.00 for 2025. That compares with £537.00 in 2024, a change of -60.89%.
What total assets did MRN (LEGAL COSTS) LIMITED report in 2025?
MRN (LEGAL COSTS) LIMITED reported total assets of £45.88K for 2025. That compares with £51.64K in 2024, a change of -11.16%.
What total liabilities did MRN (LEGAL COSTS) LIMITED report in 2025?
MRN (LEGAL COSTS) LIMITED reported total liabilities of £11.57K for 2025. That compares with £16.91K in 2024, a change of -31.58%.
How many people does MRN (LEGAL COSTS) LIMITED employ?
MRN (LEGAL COSTS) LIMITED reported 4 employees in 2025, compared with 6 in 2024.
How have MRN (LEGAL COSTS) LIMITED financials changed over the last 3 years?
Between 2023 and 2025, MRN (LEGAL COSTS) LIMITED's net assets fell by 66.3%, total assets fell by 41%, total liabilities fell by 50.1% and employee numbers fell by 20%. Net assets contracted at 42% a year across the two years to 2025, from £624.00 to £210.00. Reported headcount went from 5 in 2023 to 4 in 2025 (-1).
Which years of MRN (LEGAL COSTS) LIMITED financial data are available?
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.