MTEC FREIGHT SERVICES LIMITED Financials
- Company number
- 04888903CopyCopy
- Registered office
- Unit 11 Drayton Manor Business Park, Coleshill, Tamworth, Staffordshire B78 3TL
- Incorporated
- 05/09/2003
Company snapshot
- Status
- Active
- Employees
- 13 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-31.22%vs 20242024: £320.82K
Total Assets
7.71%vs 20242024: £636.52K
Cash in Bank
-45.49%vs 20232023: £58.47K
Total Liabilities
47.27%vs 20242024: £315.70K
Employees
-1vs 20242024: 14
In 2025, MTEC FREIGHT SERVICES LIMITED reported net assets of £220.67K. The same filing shows total assets of £685.61K, cash in bank of £31.88K and total liabilities of £464.93K. Reported headcount was 13 in 2025. Total Liabilities rose from £315.70K in 2024 to £464.93K in 2025 (47.27%). 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
-31.22%from £320.82K 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 MTEC FREIGHT SERVICES LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-47%vs 2023-27.2% a year compound (CAGR)
Total Assets
-10.9%vs 2023-5.6% a year compound (CAGR)
Total Liabilities
+31.8%vs 2023+14.8% a year compound (CAGR)
Employees
-7.1%vs 2023-1Biggest increase
Total Liabilities+31.8%
£352.86K in 2023 to £464.93K in 2025
Biggest decrease
Net Assets-47%
£416.54K in 2023 to £220.67K in 2025
MTEC FREIGHT SERVICES LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MTEC FREIGHT SERVICES 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
- 32.19%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.
- Liabilities to total assets
- 67.81%2025
- 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
- 10.10%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
- 5.01%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 MTEC FREIGHT SERVICES 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£ | 344.96K | 327.44K | 416.54K | 320.82K | 220.67K |
| Total Assets£ | 795.72K | 656.68K | 769.41K | 636.52K | 685.61K |
| Cash in Bank£ | 189.44K | 136.74K | 58.47K | 31.88K | – |
| Total Liabilities£ | 450.76K | 329.24K | 352.86K | 315.70K | 464.93K |
| Employees | 15 | 15 | 14 | 14 | 13 |
MTEC FREIGHT SERVICES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MTEC FREIGHT SERVICES LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
MTEC FREIGHT SERVICES LIMITED reported net assets of £220.67K for 2025. That compares with £320.82K in 2024, a change of -31.22%.
MTEC FREIGHT SERVICES LIMITED reported total assets of £685.61K for 2025. That compares with £636.52K in 2024, a change of 7.71%.
MTEC FREIGHT SERVICES LIMITED reported cash in bank of £31.88K for 2024. That compares with £58.47K in 2023, a change of -45.49%.
MTEC FREIGHT SERVICES LIMITED reported 13 employees in 2025, compared with 14 in 2024.
Between 2023 and 2025, MTEC FREIGHT SERVICES LIMITED's net assets fell by 47%, total assets fell by 10.9%, total liabilities rose by 31.8% and employee numbers fell by 7.1%. Net assets contracted at 27.2% a year across the two years to 2025, from £416.54K to £220.67K. Reported headcount went from 14 in 2023 to 13 in 2025 (-1).
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.