MYCARE SERVICES LTD Financials
- Company number
- 06367045CopyCopy
- Registered office
- Jyw House, Bridge Road, Haywards Heath RH16 1UA
- Incorporated
- 11/09/2007
Company snapshot
- Status
- Active
- Employees
- 48 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
103.90%vs 20232023: £108.24K
Total Assets
14.59%vs 20232023: £351.40K
Cash in Bank
650.59%vs 20232023: £19.39K
Total Liabilities
-21.12%vs 20232023: £167.83K
Employees
0vs 20232023: 48
In 2024, MYCARE SERVICES LTD reported net assets of £220.70K. The same filing shows total assets of £402.68K, cash in bank of £145.50K and total liabilities of £132.40K. Reported headcount was 48 in 2024. Cash in Bank rose from £19.39K in 2023 to £145.50K in 2024 (650.59%). 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
103.90%from £108.24K 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 MYCARE SERVICES LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+259%vs 2022+89.6% a year compound (CAGR)
Cash in Bank
+806%vs 2022+201% a year compound (CAGR)
Employees
-20%vs 2022-12Biggest increase
Cash in Bank+806%
£16.06K in 2022 to £145.50K in 2024
Biggest decrease
Employees-20%
60 in 2022 to 48 in 2024
MYCARE SERVICES LTD'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 employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MYCARE SERVICES 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
- 54.81%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
- 32.88%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
- 109.90%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
- 36.13%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 MYCARE SERVICES LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 106.34K | 61.41K | 108.24K | 220.70K |
| Total Assets£ | 246.03K | – | 351.40K | 402.68K |
| Cash in Bank£ | 97.96K | 16.06K | 19.39K | 145.50K |
| Total Liabilities£ | 127.82K | – | 167.83K | 132.40K |
| Employees | 70 | 60 | 48 | 48 |
MYCARE SERVICES LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MYCARE SERVICES LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
MYCARE SERVICES LTD reported net assets of £220.70K for 2024. That compares with £108.24K in 2023, a change of 103.90%.
MYCARE SERVICES LTD reported total assets of £402.68K for 2024. That compares with £351.40K in 2023, a change of 14.59%.
MYCARE SERVICES LTD reported cash in bank of £145.50K for 2024. That compares with £19.39K in 2023, a change of 650.59%.
MYCARE SERVICES LTD reported 48 employees in 2024, compared with 48 in 2023.
Between 2022 and 2024, MYCARE SERVICES LTD's net assets rose by 259%, cash in bank rose by 806% and employee numbers fell by 20%. Net assets compounded at 89.6% a year across the two years to 2024, from £61.41K to £220.70K. Reported headcount went from 60 in 2022 to 48 in 2024 (-12).
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.