PETER MCCORMACK & SONS LIMITED Financials
- Company number
- NI038813CopyCopy
- Registered office
- 17 Kilrea Road, Maghera, BT46 5SN
- Incorporated
- 16/06/2000
Company snapshot
- Status
- Active
- Employees
- 22 (2024)
- Latest financial data
- 2024
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
40.96%vs 20232023: £7.58M
Total Assets
23.76%vs 20232023: £11.62M
Cash in Bank
505.89%vs 20232023: £584.73K
Total Liabilities
-8.58%vs 20232023: £4.03M
Employees
-3vs 20232023: 25
In 2024, PETER MCCORMACK & SONS LIMITED reported net assets of £10.69M. The same filing shows total assets of £14.38M, cash in bank of £3.54M and total liabilities of £3.69M. Reported headcount was 22 in 2024. Net Assets rose from £7.58M in 2023 to £10.69M in 2024 (40.96%). 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
40.96%from £7.58M 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 PETER MCCORMACK & SONS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+87.3%vs 2022+36.8% a year compound (CAGR)
Cash in Bank
+167%vs 2022+63.4% a year compound (CAGR)
Total Assets
+62.1%vs 2022+27.3% a year compound (CAGR)
Total Liabilities
+16.6%vs 2022+8% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Cash in Bank+167%
£1.33M in 2022 to £3.54M in 2024
Every measure that changed in PETER MCCORMACK & SONS LIMITED's filings between 2022 and 2024 rose. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets and total liabilities climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from PETER MCCORMACK & SONS 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
- 74.35%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
- 25.65%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
- 96.10%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
- 24.64%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 PETER MCCORMACK & SONS 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£ | 5.04M | 5.71M | 7.58M | 10.69M |
| Total Assets£ | 8.17M | 8.87M | 11.62M | 14.38M |
| Cash in Bank£ | 1.25M | 1.33M | 584.73K | 3.54M |
| Total Liabilities£ | 3.13M | 3.16M | 4.03M | 3.69M |
| Employees | 22 | 22 | 25 | 22 |
PETER MCCORMACK & SONS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for PETER MCCORMACK & SONS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
PETER MCCORMACK & SONS LIMITED reported net assets of £10.69M for 2024. That compares with £7.58M in 2023, a change of 40.96%.
PETER MCCORMACK & SONS LIMITED reported total assets of £14.38M for 2024. That compares with £11.62M in 2023, a change of 23.76%.
PETER MCCORMACK & SONS LIMITED reported cash in bank of £3.54M for 2024. That compares with £584.73K in 2023, a change of 505.89%.
PETER MCCORMACK & SONS LIMITED reported 22 employees in 2024, compared with 25 in 2023.
Between 2022 and 2024, PETER MCCORMACK & SONS LIMITED's net assets rose by 87.3%, cash in bank rose by 167%, total assets rose by 62.1% and total liabilities rose by 16.6%. Net assets compounded at 36.8% a year across the two years to 2024, from £5.71M to £10.69M. Reported headcount went from 22 in 2022 to 22 in 2024.
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.