MGBC LTD

Company number 09742928 ·

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Net assets, total assets & total liabilities 2016 – 2024

  • Total assets
  • Net assets
  • Total liabilities
-£10m -£5m £0 £5m £10m £15m £20m 2016 2017 2018 2019 2020 2021 2022 2023 2024 Total assets 2016: £182,021 Total assets 2017: £448,839 Total assets 2018: £661,330 Total assets 2019: £1,101,060 Total assets 2020: £1,297,652 Total assets 2021: £2,222,737 Total assets 2022: £5,171,276 Total assets 2023: £10,140,089 Total assets 2024: £16,860,736 Total assets Net assets 2016: £35,283 Net assets 2017: £106,554 Net assets 2018: £287,894 Net assets 2019: £556,961 Net assets 2020: £1,008,585 Net assets 2021: £1,391,690 Net assets 2022: £2,982,459 Net assets 2023: £6,284,553 Net assets 2024: £8,647,049 Net assets Total liabilities 2016: -£170,930 Total liabilities 2017: -£362,067 Total liabilities 2018: -£397,055 Total liabilities 2019: -£628,118 Total liabilities 2020: -£533,040 Total liabilities 2021: -£952,366 Total liabilities 2022: -£1,610,703 Total liabilities 2023: -£2,222,598 Total liabilities 2024: -£5,532,710 Total liabilities

Figures extracted from filed accounts. Hover a point for the exact value.

Employees 2023 – 2024

0 2 4 6 8 10 12 2023 2024 2023: 7 2024: 12

Average employees, from filed accounts. Hover a point for the exact figure.

Balance sheet by year 9 years

Latest accounts (2024-12-31): Audited.

Year ending Total assets Total liabilities Net assets Cash Turnover Profit Employees
2024-12-31 £16,860,736 -£5,532,710 £8,647,049 £4,583,218 £21,437,145 £2,783,076 12
2023-12-31 £10,140,089 -£2,222,598 £6,284,553 £3,058,486 £15,159,887 £2,415,111 7
2022-08-31 £5,171,276 -£1,610,703 £2,982,459 £1,508,390
2021-08-31 £2,222,737 -£952,366 £1,391,690 £550,253
2020-08-31 £1,297,652 -£533,040 £1,008,585 £979,657
2019-08-31 £1,101,060 -£628,118 £556,961 £655,351
2018-08-31 £661,330 -£397,055 £287,894 £557,091
2017-08-31 £448,839 -£362,067 £106,554 £234,499
2016-08-31 £182,021 -£170,930 £35,283 £119,940

Profit and employee figures are captured from accounts filed from August 2026 onwards, where the accounts disclose them.

Profit & loss 2024-12-31

Turnover
£21,437,145
Cost of sales
£16,730,216
Gross profit
£4,706,929
Administrative expenses
£967,906
Wages & salaries
£368,994
Operating profit
£3,775,194
Profit for the year
£2,783,076
Dividends paid
£348,876
Average employees
12

Debt & working capital 2024-12-31

Bank borrowings & overdrafts
£580,584
Owed by customers
£2,474,692
Owed to suppliers
£1,332,626