THOMAS MCMASTER & SON LIMITED Financials
- Company number
- SC397259CopyCopy
- Industry
- Plastering (43.31 - SIC 2007)
- Registered office
- 25 Lorne Road, Hillington Park, Glasgow G52 4HG
- Incorporated
- 07/04/2011
Company snapshot
- Status
- Active
- Employees
- 27 (2025)
- Latest financial data
- 2025
- Accounts type
- Unaudited abridged
- Industry
- Plastering (43.31 - SIC 2007)
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-81.66%vs 20242024: £106.89K
Total Assets
-12.90%vs 20242024: £476.85K
Cash in Bank
-82.44%vs 20242024: £147.19K
Total Liabilities
3.43%vs 20242024: £349.81K
Employees
0vs 20242024: 27
In 2025, THOMAS MCMASTER & SON LIMITED reported net assets of £19.60K. The same filing shows total assets of £415.35K, cash in bank of £25.85K and total liabilities of £361.79K. Reported headcount was 27 in 2025. Cash in Bank fell from £147.19K in 2024 to £25.85K in 2025 (-82.44%). 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
-81.66%from £106.89K 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 THOMAS MCMASTER & SON LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-80.1%vs 2023-55.4% a year compound (CAGR)
Cash in Bank
-66.5%vs 2023-42.1% a year compound (CAGR)
Total Assets
-6.3%vs 2023-3.2% a year compound (CAGR)
Total Liabilities
+10.2%vs 2023+5% a year compound (CAGR)
Employees
+28.6%vs 2023+6Biggest increase
Employees+28.6%
21 in 2023 to 27 in 2025
Biggest decrease
Net Assets-80.1%
£98.74K in 2023 to £19.60K in 2025
THOMAS MCMASTER & SON 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 net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from THOMAS MCMASTER & SON 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
- 4.72%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
- 87.10%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
- 7.15%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
- 6.22%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 THOMAS MCMASTER & SON 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£ | 101.60K | 94.57K | 98.74K | 106.89K | 19.60K |
| Total Assets£ | 382.84K | 345.50K | 443.05K | 476.85K | 415.35K |
| Cash in Bank£ | 185.05K | 66.30K | 77.09K | 147.19K | 25.85K |
| Total Liabilities£ | 271.11K | 247.61K | 328.23K | 349.81K | 361.79K |
| Employees | 20 | 20 | 21 | 27 | 27 |
THOMAS MCMASTER & SON LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for THOMAS MCMASTER & SON LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
THOMAS MCMASTER & SON LIMITED reported net assets of £19.60K for 2025. That compares with £106.89K in 2024, a change of -81.66%.
THOMAS MCMASTER & SON LIMITED reported total assets of £415.35K for 2025. That compares with £476.85K in 2024, a change of -12.90%.
THOMAS MCMASTER & SON LIMITED reported cash in bank of £25.85K for 2025. That compares with £147.19K in 2024, a change of -82.44%.
THOMAS MCMASTER & SON LIMITED reported 27 employees in 2025, compared with 27 in 2024.
Between 2023 and 2025, THOMAS MCMASTER & SON LIMITED's net assets fell by 80.1%, cash in bank fell by 66.5%, total assets fell by 6.3% and total liabilities rose by 10.2%. Net assets contracted at 55.4% a year across the two years to 2025, from £98.74K to £19.60K. Reported headcount went from 21 in 2023 to 27 in 2025 (+6).
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.