MGC WELDING LIMITED

Company number 04958774 ·

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Net assets, total assets & total liabilities 2016 – 2025

  • Total assets
  • Net assets
  • Total liabilities
-£300k -£200k -£100k £0 £100k £200k £300k 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Total assets 2016: £92,107 Total assets 2017: £104,664 Total assets 2018: £123,139 Total assets 2019: £127,925 Total assets 2020: £153,986 Total assets 2021: £91,768 Total assets 2022: £125,284 Total assets 2023: £215,443 Total assets 2024: £184,756 Total assets 2025: £190,044 Total assets Net assets 2016: £150 Net assets 2017: £32,726 Net assets 2018: £54,938 Net assets 2019: £80,693 Net assets 2020: £88,198 Net assets 2021: £31,812 Net assets 2022: £31,031 Net assets 2023: £55,835 Net assets 2024: £37,887 Net assets 2025: £63,792 Net assets Total liabilities 2016: -£103,915 Total liabilities 2017: -£82,445 Total liabilities 2018: -£92,415 Total liabilities 2019: -£78,704 Total liabilities 2020: -£94,622 Total liabilities 2021: -£83,047 Total liabilities 2022: -£121,363 Total liabilities 2023: -£203,543 Total liabilities 2024: -£179,612 Total liabilities 2025: -£154,953 Total liabilities

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

Employees 2024 – 2025

0 0 0 0 0 1 2024 2025 2024: 1 2025: 1

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

Balance sheet by year 12 years

Latest accounts (2025-11-30): Audit exempt (accountant's report).

Year ending Total assets Total liabilities Net assets Cash Turnover Profit Employees
2025-11-30 £190,044 -£154,953 £63,792 £38,020 1
2024-11-30 £184,756 -£179,612 £37,887 £38,698 1
2023-11-30 £215,443 -£203,543 £55,835 £58,911
2022-11-30 £125,284 -£121,363 £31,031 £3,722
2021-11-30 £91,768 -£83,047 £31,812 £9,908
2020-11-30 £153,986 -£94,622 £88,198 £93,271
2019-11-30 £127,925 -£78,704 £80,693 £76,086
2018-11-30 £123,139 -£92,415 £54,938 £66,169
2017-11-30 £104,664 -£82,445 £32,726 £4,138
2016-11-30 £92,107 -£103,915 £150 £4,205
2015-11-30 £101,704 -£113,675 £4,000
2014-11-30 £60,779 -£78,606 £8,495

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

Debt & working capital 2025-11-30

Bank borrowings & overdrafts
£1,511
Owed by customers
£95,921