MTL PROJECTS LIMITED Financials
- Company number
- 11860971Copy
Copy - Registered office
- Unit 23-25 Innovation House South Church Enterprise Park, Bishop Auckland, Co. Durham DL14 6XB
- Incorporated
- 05/03/2019
Company snapshot
- Status
- Active
- Employees
- 7 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
132.56%vs 20232023: £393.82K
Total Assets
100.69%vs 20232023: £657.54K
Cash in Bank
444.89%vs 20232023: £80.51K
Total Liabilities
53.10%vs 20232023: £263.71K
Employees
-2vs 20232023: 9
In 2024, MTL PROJECTS LIMITED reported net assets of £915.87K. The same filing shows total assets of £1.32M, cash in bank of £438.67K and total liabilities of £403.75K. Reported headcount was 7 in 2024. Total Assets rose from £657.54K in 2023 to £1.32M in 2024 (100.69%). 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
132.56%from £393.82K 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 MTL PROJECTS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+211%vs 2022+76.3% a year compound (CAGR)
Total Assets
+173%vs 2022+65.2% a year compound (CAGR)
Total Liabilities
+114%vs 2022+46.2% a year compound (CAGR)
Employees
+16.7%vs 2022+1Biggest increase
Net Assets+211%
£294.55K in 2022 to £915.87K in 2024
Every indicator Okredo holds for MTL PROJECTS LIMITED rose between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, with total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MTL PROJECTS 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
- 69.40%2024
- Liabilities to total assets
- 30.60%2024
- Cash to liabilities
- 108.65%2024
- Cash to total assets
- 33.24%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.
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 PROJECTS 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£ | 205.15K | 294.55K | 393.82K | 915.87K |
| Total Assets£ | 379.98K | 483.42K | 657.54K | 1.32M |
| Cash in Bank£ | – | – | 80.51K | 438.67K |
| Total Liabilities£ | 174.84K | 188.88K | 263.71K | 403.75K |
| Employees | 6 | 6 | 9 | 7 |
MTL PROJECTS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has MTL PROJECTS LIMITED filed financial statements?
Yes. Okredo holds filed figures for MTL PROJECTS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did MTL PROJECTS LIMITED report in 2024?
MTL PROJECTS LIMITED reported net assets of £915.87K for 2024. That compares with £393.82K in 2023, a change of 132.56%.
What total assets did MTL PROJECTS LIMITED report in 2024?
MTL PROJECTS LIMITED reported total assets of £1.32M for 2024. That compares with £657.54K in 2023, a change of 100.69%.
What cash in bank did MTL PROJECTS LIMITED report in 2024?
MTL PROJECTS LIMITED reported cash in bank of £438.67K for 2024. That compares with £80.51K in 2023, a change of 444.89%.
How many people does MTL PROJECTS LIMITED employ?
MTL PROJECTS LIMITED reported 7 employees in 2024, compared with 9 in 2023.
How have MTL PROJECTS LIMITED financials changed over the last 3 years?
Between 2022 and 2024, MTL PROJECTS LIMITED's net assets rose by 211%, total assets rose by 173%, total liabilities rose by 114% and employee numbers rose by 16.7%. Net assets compounded at 76.3% a year across the two years to 2024, from £294.55K to £915.87K. Reported headcount went from 6 in 2022 to 7 in 2024 (+1).
Which years of MTL PROJECTS LIMITED financial data are available?
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.