SMITH MEEHAN LIMITED Financials
- Company number
- 02871061Copy
Copy - Registered office
- Office 19, Arrow Mill, Queensway, Rochdale OL11 2YW
- Incorporated
- 08/11/1993
Company snapshot
- Status
- Active
- Employees
- 1 (2024)
- Latest financial data
- 2024
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-206.34%vs 20232023: £161.01K
Total Assets
-35.41%vs 20232023: £1.20M
Cash in Bank
Decreasedvs 20222022: £11.62K
Total Liabilities
-8.22%vs 20232023: £1.03M
Employees
-7vs 20232023: 8
In 2024, SMITH MEEHAN LIMITED reported net assets of £-171.22K. The same filing shows total assets of £772.39K, cash in bank of £3.42K and total liabilities of £943.40K. Reported headcount was 1 in 2024. Total Assets fell from £1.20M in 2023 to £772.39K in 2024 (-35.41%). 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
-206.34%from £161.01K 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 SMITH MEEHAN LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-134%vs 2022Cash in Bank
-70.5%vs 2022-45.7% a year compound (CAGR)
Filed for 2022 and 2024 only
Total Assets
-47.3%vs 2022-27.4% a year compound (CAGR)
Total Liabilities
-0.5%vs 2022-0.2% a year compound (CAGR)
Employees
-87.5%vs 2022-7Biggest decrease
Net Assets-134%
£503.34K in 2022 to £-171.22K in 2024
Every indicator Okredo holds for SMITH MEEHAN LIMITED fell between 2022 and 2024. The steepest fall came in net assets, pointing to a weakening balance sheet, with cash in bank, total assets, total liabilities and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SMITH MEEHAN 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
- -22.17%2024
- Liabilities to total assets
- 122.14%2024
- Cash to liabilities
- 0.36%2024
- Cash to total assets
- 0.44%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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 SMITH MEEHAN 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£ | 576.17K | 503.34K | 161.01K | -171.22K |
| Total Assets£ | 1.80M | 1.47M | 1.20M | 772.39K |
| Cash in Bank£ | 5.36K | 11.62K | – | 3.42K |
| Total Liabilities£ | 1.21M | 947.72K | 1.03M | 943.40K |
| Employees | 9 | 8 | 8 | 1 |
SMITH MEEHAN LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has SMITH MEEHAN LIMITED filed financial statements?
Yes. Okredo holds filed figures for SMITH MEEHAN LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did SMITH MEEHAN LIMITED report in 2024?
SMITH MEEHAN LIMITED reported net assets of £-171.22K for 2024. That compares with £161.01K in 2023, a change of -206.34%.
What total assets did SMITH MEEHAN LIMITED report in 2024?
SMITH MEEHAN LIMITED reported total assets of £772.39K for 2024. That compares with £1.20M in 2023, a change of -35.41%.
What cash in bank did SMITH MEEHAN LIMITED report in 2024?
SMITH MEEHAN LIMITED reported cash in bank of £3.42K for 2024. That compares with £11.62K in 2022.
How many people does SMITH MEEHAN LIMITED employ?
SMITH MEEHAN LIMITED reported 1 employee in 2024, compared with 8 in 2023.
How have SMITH MEEHAN LIMITED financials changed over the last 3 years?
Between 2022 and 2024, SMITH MEEHAN LIMITED's net assets fell by 134%, cash in bank fell by 70.5%, total assets fell by 47.3% and total liabilities fell by 0.5%. Cash in bank contracted at 45.7% a year across the two years to 2024, from £11.62K to £3.42K. Reported headcount went from 8 in 2022 to 1 in 2024 (-7).
Which years of SMITH MEEHAN LIMITED financial data are available?
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.