MULTI QUICK POWDER COATING LIMITED Financials
- Company number
- 06176568CopyCopy
- Registered office
- 27 Mornington Road, Smethwick B66 2JE
- Incorporated
- 21/03/2007
Company snapshot
- Status
- Active
- Employees
- 21 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
14.11%vs 20232023: £794.75K
Total Assets
9.10%vs 20232023: £3.65M
Cash in Bank
-90.35%vs 20232023: £10.98K
Total Liabilities
3.25%vs 20232023: £1.41M
Employees
-1vs 20232023: 22
In 2024, MULTI QUICK POWDER COATING LIMITED reported net assets of £906.88K. The same filing shows total assets of £3.98M, cash in bank of £1.06K and total liabilities of £1.45M. Reported headcount was 21 in 2024. Total Assets rose from £3.65M in 2023 to £3.98M in 2024 (9.10%). 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
14.11%from £794.75K 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 MULTI QUICK POWDER COATING LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+29.9%vs 2022+14% a year compound (CAGR)
Cash in Bank
-97.8%vs 2022-85.1% a year compound (CAGR)
Total Assets
+19.5%vs 2022+9.3% a year compound (CAGR)
Total Liabilities
+11.2%vs 2022+5.4% a year compound (CAGR)
Employees
-58.8%vs 2022-30Biggest increase
Net Assets+29.9%
£697.92K in 2022 to £906.88K in 2024
Biggest decrease
Cash in Bank-97.8%
£47.44K in 2022 to £1.06K in 2024
MULTI QUICK POWDER COATING LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MULTI QUICK POWDER COATING 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
- 22.80%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
- 36.49%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
- 0.07%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
- 0.03%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 MULTI QUICK POWDER COATING 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£ | 534.84K | 697.92K | 794.75K | 906.88K |
| Total Assets£ | 2.42M | 3.33M | 3.65M | 3.98M |
| Cash in Bank£ | 6.93K | 47.44K | 10.98K | 1.06K |
| Total Liabilities£ | 1.09M | 1.31M | 1.41M | 1.45M |
| Employees | 38 | 51 | 22 | 21 |
MULTI QUICK POWDER COATING LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MULTI QUICK POWDER COATING LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
MULTI QUICK POWDER COATING LIMITED reported net assets of £906.88K for 2024. That compares with £794.75K in 2023, a change of 14.11%.
MULTI QUICK POWDER COATING LIMITED reported total assets of £3.98M for 2024. That compares with £3.65M in 2023, a change of 9.10%.
MULTI QUICK POWDER COATING LIMITED reported cash in bank of £1.06K for 2024. That compares with £10.98K in 2023, a change of -90.35%.
MULTI QUICK POWDER COATING LIMITED reported 21 employees in 2024, compared with 22 in 2023.
Between 2022 and 2024, MULTI QUICK POWDER COATING LIMITED's net assets rose by 29.9%, cash in bank fell by 97.8%, total assets rose by 19.5% and total liabilities rose by 11.2%. Net assets compounded at 14% a year across the two years to 2024, from £697.92K to £906.88K. Reported headcount went from 51 in 2022 to 21 in 2024 (-30).
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.