NICOL & ANDREW (MSPE) LIMITED Financials
- Company number
- SC261322CopyCopy
- Registered office
- 170 Brand Street, Glasgow, G51 1DH
- Incorporated
- 24/12/2003
Company snapshot
- Status
- Active
- Employees
- 19 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-89.43%vs 20242024: £1.19M
Total Assets
-72.89%vs 20242024: £1.49M
Cash in Bank
-98.34%vs 20242024: £61.31K
Total Liabilities
-7.13%vs 20242024: £299.85K
Employees
0vs 20242024: 19
In 2025, NICOL & ANDREW (MSPE) LIMITED reported net assets of £126.01K. The same filing shows total assets of £404.46K, cash in bank of £1.02K and total liabilities of £278.46K. Reported headcount was 19 in 2025. Total Assets fell from £1.49M in 2024 to £404.46K in 2025 (-72.89%). Okredo holds filed figures for 2021–2025; 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
-89.43%from £1.19M in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures NICOL & ANDREW (MSPE) LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-88.6%vs 2023-66.2% a year compound (CAGR)
Cash in Bank
-99.4%vs 2023-92% a year compound (CAGR)
Total Assets
-71.2%vs 2023-46.3% a year compound (CAGR)
Total Liabilities
-6.4%vs 2023-3.3% a year compound (CAGR)
Employees
+11.8%vs 2023+2Biggest increase
Employees+11.8%
17 in 2023 to 19 in 2025
Biggest decrease
Cash in Bank-99.4%
£158.91K in 2023 to £1.02K in 2025
NICOL & ANDREW (MSPE) LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in employee numbers, pointing to an expanding team, 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 NICOL & ANDREW (MSPE) 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
- 31.15%2025
- 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
- 68.85%2025
- 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
- 0.37%2025
- 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
- 0.25%2025
- 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 NICOL & ANDREW (MSPE) LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 716.96K | 813.58K | 1.11M | 1.19M | 126.01K |
| Total Assets£ | 891.40K | 957.58K | 1.40M | 1.49M | 404.46K |
| Cash in Bank£ | 364.21K | 156.77K | 158.91K | 61.31K | 1.02K |
| Total Liabilities£ | 174.45K | 144.00K | 297.53K | 299.85K | 278.46K |
| Employees | 14 | 13 | 17 | 19 | 19 |
NICOL & ANDREW (MSPE) LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for NICOL & ANDREW (MSPE) LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
NICOL & ANDREW (MSPE) LIMITED reported net assets of £126.01K for 2025. That compares with £1.19M in 2024, a change of -89.43%.
NICOL & ANDREW (MSPE) LIMITED reported total assets of £404.46K for 2025. That compares with £1.49M in 2024, a change of -72.89%.
NICOL & ANDREW (MSPE) LIMITED reported cash in bank of £1.02K for 2025. That compares with £61.31K in 2024, a change of -98.34%.
NICOL & ANDREW (MSPE) LIMITED reported 19 employees in 2025, compared with 19 in 2024.
Between 2023 and 2025, NICOL & ANDREW (MSPE) LIMITED's net assets fell by 88.6%, cash in bank fell by 99.4%, total assets fell by 71.2% and total liabilities fell by 6.4%. Net assets contracted at 66.2% a year across the two years to 2025, from £1.11M to £126.01K. Reported headcount went from 17 in 2023 to 19 in 2025 (+2).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.