MTL FINANCIAL LTD Financials
- Company number
- 10923992Copy
Copy - Registered office
- 71-75 Shelton Street, Covent Garden, London WC2H 9JQ
- Incorporated
- 21/08/2017
Company snapshot
- Status
- Active
- Employees
- 12 (2025)
- Latest financial data
- 2025
- Accounts type
- Group
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-60.65%vs 20242024: £5.78M
Total Assets
1.36K%vs 20242024: £9.61M
Cash in Bank
525.20%vs 20242024: £423.77K
Total Liabilities
3.51K%vs 20242024: £3.82M
Employees
-26vs 20242024: 38
In 2025, MTL FINANCIAL LTD reported net assets of £2.27M. The same filing shows total assets of £139.94M, cash in bank of £2.65M and total liabilities of £137.66M. Reported headcount was 12 in 2025. Total Liabilities rose from £3.82M in 2024 to £137.66M in 2025 (3.51K%). 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
-60.65%from £5.78M 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 MTL FINANCIAL LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-70.8%vs 2023-46% a year compound (CAGR)
Cash in Bank
-34.4%vs 2023-19% a year compound (CAGR)
Total Assets
+864%vs 2023+211% a year compound (CAGR)
Total Liabilities
+1961%vs 2023+354% a year compound (CAGR)
Employees
-75.5%vs 2023-37Biggest increase
Total Liabilities+1961%
£6.68M in 2023 to £137.66M in 2025
Biggest decrease
Employees-75.5%
49 in 2023 to 12 in 2025
MTL FINANCIAL LTD'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 employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MTL FINANCIAL LTD'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
- 1.62%2025
- Liabilities to total assets
- 98.37%2025
- Cash to liabilities
- 1.92%2025
- Cash to total assets
- 1.89%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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 MTL FINANCIAL LTD 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£ | 3.62M | 1.88M | 7.80M | 5.78M | 2.27M |
| Total Assets£ | 4.34M | 8.35M | 14.51M | 9.61M | 139.94M |
| Cash in Bank£ | 2.93M | 3.47M | 4.04M | 423.77K | 2.65M |
| Total Liabilities£ | 712.11K | 6.44M | 6.68M | 3.82M | 137.66M |
| Employees | 6 | 37 | 49 | 38 | 12 |
MTL FINANCIAL LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has MTL FINANCIAL LTD filed financial statements?
Yes. Okredo holds filed figures for MTL FINANCIAL LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
What net assets did MTL FINANCIAL LTD report in 2025?
MTL FINANCIAL LTD reported net assets of £2.27M for 2025. That compares with £5.78M in 2024, a change of -60.65%.
What total assets did MTL FINANCIAL LTD report in 2025?
MTL FINANCIAL LTD reported total assets of £139.94M for 2025. That compares with £9.61M in 2024, a change of 1.36K%.
What cash in bank did MTL FINANCIAL LTD report in 2025?
MTL FINANCIAL LTD reported cash in bank of £2.65M for 2025. That compares with £423.77K in 2024, a change of 525.20%.
How many people does MTL FINANCIAL LTD employ?
MTL FINANCIAL LTD reported 12 employees in 2025, compared with 38 in 2024.
How have MTL FINANCIAL LTD financials changed over the last 3 years?
Between 2023 and 2025, MTL FINANCIAL LTD's net assets fell by 70.8%, cash in bank fell by 34.4%, total assets rose by 864% and total liabilities rose by 1961%. Net assets contracted at 46% a year across the two years to 2025, from £7.80M to £2.27M. Reported headcount went from 49 in 2023 to 12 in 2025 (-37).
Which years of MTL FINANCIAL LTD 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.