WEST COAST MEP LTD Financials
- Company number
- 11024593CopyCopy
- Registered office
- Unit 8 Titan Court, Laporte Way, Luton LU4 8EF
- Incorporated
- 20/10/2017
Company snapshot
- Status
- Active
- Employees
- 16 (2023)
- Latest financial data
- 2023
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-54.74%vs 20222022: £1.02M
Total Assets
38.39%vs 20222022: £2.35M
Cash in Bank
-93.38%vs 20222022: £151.25K
Total Liabilities
95.60%vs 20222022: £846.63K
Employees
-1vs 20222022: 17
In 2023, WEST COAST MEP LTD reported net assets of £463.42K. The same filing shows total assets of £3.26M, cash in bank of £10.02K and total liabilities of £1.66M. Reported headcount was 16 in 2023. Total Assets rose from £2.35M in 2022 to £3.26M in 2023 (38.39%). Okredo holds filed figures for 2021–2023; 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
-54.74%from £1.02M in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures WEST COAST MEP LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-52%vs 2021-30.7% a year compound (CAGR)
Cash in Bank
-96.6%vs 2021-81.4% a year compound (CAGR)
Total Assets
+13.5%vs 2021+6.5% a year compound (CAGR)
Total Liabilities
+16.9%vs 2021+8.1% a year compound (CAGR)
Employees
-5.9%vs 2021-1Biggest increase
Total Liabilities+16.9%
£1.42M in 2021 to £1.66M in 2023
Biggest decrease
Cash in Bank-96.6%
£290.56K in 2021 to £10.02K in 2023
WEST COAST MEP LTD's filings pull in both directions between 2021 and 2023. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, 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 WEST COAST MEP LTD'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
- 14.23%2023
- 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
- 50.84%2023
- 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
- 0.61%2023
- 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
- 0.31%2023
- 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 WEST COAST MEP LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 965.50K | 1.02M | 463.42K |
| Total Assets£ | 2.87M | 2.35M | 3.26M |
| Cash in Bank£ | 290.56K | 151.25K | 10.02K |
| Total Liabilities£ | 1.42M | 846.63K | 1.66M |
| Employees | 17 | 17 | 16 |
WEST COAST MEP LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for WEST COAST MEP LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
WEST COAST MEP LTD reported net assets of £463.42K for 2023. That compares with £1.02M in 2022, a change of -54.74%.
WEST COAST MEP LTD reported total assets of £3.26M for 2023. That compares with £2.35M in 2022, a change of 38.39%.
WEST COAST MEP LTD reported cash in bank of £10.02K for 2023. That compares with £151.25K in 2022, a change of -93.38%.
WEST COAST MEP LTD reported 16 employees in 2023, compared with 17 in 2022.
Between 2021 and 2023, WEST COAST MEP LTD's net assets fell by 52%, cash in bank fell by 96.6%, total assets rose by 13.5% and total liabilities rose by 16.9%. Net assets contracted at 30.7% a year across the two years to 2023, from £965.50K to £463.42K. Reported headcount went from 17 in 2021 to 16 in 2023 (-1).
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.