Active

MYNDSPAN LIMITED Financials

Company number
12925309Copy
Copy
Registered office
1 Chapel Street, Warwick CV34 4HL
Incorporated
03/10/2020

Company snapshot

Status
Active
Employees
6 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£359.86K2024
-9.88%vs 2023

2023: £399.31K

Total Assets

£1.03M2024
19.84%vs 2023

2023: £861.90K

Cash in Bank

£87.43K2024
547.11%vs 2023

2023: £13.51K

Total Liabilities

£672.85K2024
45.75%vs 2023

2023: £461.64K

Employees

62024
+1vs 2023

2023: 5

In 2024, MYNDSPAN LIMITED reported net assets of £359.86K. The same filing shows total assets of £1.03M, cash in bank of £87.43K and total liabilities of £672.85K. Reported headcount was 6 in 2024. Total Liabilities rose from £461.64K in 2023 to £672.85K in 2024 (45.75%). 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

£359.86K2024
-9.88%from £399.31K in 2023

Year-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 MYNDSPAN LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£63.86K2022£359.86K2024
+464%vs 2022

+137% a year compound (CAGR)

Cash in Bank

£19.89K2022£87.43K2024
+340%vs 2022

+110% a year compound (CAGR)

Employees

5202262024
+20%vs 2022+1

Biggest increase

Net Assets+464%

£63.86K in 2022 to £359.86K in 2024

Every indicator Okredo holds for MYNDSPAN LIMITED rose between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, with cash in bank and employee numbers climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from MYNDSPAN 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
34.84%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
65.14%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
12.99%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
8.46%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 MYNDSPAN LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£306.88K63.86K399.31K359.86K
Total Assets£550.87K–861.90K1.03M
Cash in Bank£–19.89K13.51K87.43K
Total Liabilities£243.99K–461.64K672.85K
Employees5556

MYNDSPAN LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for MYNDSPAN LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

MYNDSPAN LIMITED reported net assets of £359.86K for 2024. That compares with £399.31K in 2023, a change of -9.88%.

MYNDSPAN LIMITED reported total assets of £1.03M for 2024. That compares with £861.90K in 2023, a change of 19.84%.

MYNDSPAN LIMITED reported cash in bank of £87.43K for 2024. That compares with £13.51K in 2023, a change of 547.11%.

MYNDSPAN LIMITED reported 6 employees in 2024, compared with 5 in 2023.

Between 2022 and 2024, MYNDSPAN LIMITED's net assets rose by 464%, cash in bank rose by 340% and employee numbers rose by 20%. Net assets compounded at 137% a year across the two years to 2024, from £63.86K to £359.86K. Reported headcount went from 5 in 2022 to 6 in 2024 (+1).

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.