MUSTARD SYSTEMS LIMITED Financials
- Company number
- 08892912CopyCopy
- Registered office
- 245 Hammersmith Road, London W6 8PW
- Incorporated
- 13/02/2014
Company snapshot
- Status
- Active
- Employees
- 58 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
197.59%vs 20232023: £-7.01M
Total Assets
117.95%vs 20232023: £4.89M
Cash in Bank
108.84%vs 20232023: £1.18M
Total Liabilities
-69.02%vs 20232023: £11.66M
Employees
-3vs 20232023: 61
In 2024, MUSTARD SYSTEMS LIMITED reported net assets of £6.84M. The same filing shows total assets of £10.65M, cash in bank of £2.47M and total liabilities of £3.61M. Reported headcount was 58 in 2024. Net Assets rose from £-7.01M in 2023 to £6.84M in 2024 (197.59%). 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
197.59%from £-7.01M 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 MUSTARD SYSTEMS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Increasedvs 2022Cash in Bank
+3613%vs 2022+509% a year compound (CAGR)
Total Assets
+176%vs 2022+66.1% a year compound (CAGR)
Total Liabilities
-67%vs 2022-42.6% a year compound (CAGR)
Employees
+7.4%vs 2022+4Biggest increase
Cash in Bank+3613%
£66.60K in 2022 to £2.47M in 2024
Biggest decrease
Total Liabilities-67%
£10.95M in 2022 to £3.61M in 2024
MUSTARD SYSTEMS LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MUSTARD SYSTEMS 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
- 64.24%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.
- Liabilities to total assets
- 33.91%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
- 68.47%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
- 23.22%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 MUSTARD SYSTEMS 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£ | -7.61M | -7.29M | -7.01M | 6.84M |
| Total Assets£ | 3.41M | 3.86M | 4.89M | 10.65M |
| Cash in Bank£ | 883.45K | 66.60K | 1.18M | 2.47M |
| Total Liabilities£ | 10.92M | 10.95M | 11.66M | 3.61M |
| Employees | 47 | 54 | 61 | 58 |
MUSTARD SYSTEMS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MUSTARD SYSTEMS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
MUSTARD SYSTEMS LIMITED reported net assets of £6.84M for 2024. That compares with £-7.01M in 2023, a change of 197.59%.
MUSTARD SYSTEMS LIMITED reported total assets of £10.65M for 2024. That compares with £4.89M in 2023, a change of 117.95%.
MUSTARD SYSTEMS LIMITED reported cash in bank of £2.47M for 2024. That compares with £1.18M in 2023, a change of 108.84%.
MUSTARD SYSTEMS LIMITED reported 58 employees in 2024, compared with 61 in 2023.
Between 2022 and 2024, MUSTARD SYSTEMS LIMITED's cash in bank rose by 3613%, total assets rose by 176%, total liabilities fell by 67% and employee numbers rose by 7.4%. Cash in bank compounded at 509% a year across the two years to 2024, from £66.60K to £2.47M. Reported headcount went from 54 in 2022 to 58 in 2024 (+4).
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.