M & G DEVELOPMENTS LIMITED Financials
- Company number
- 02857779CopyCopy
- Registered office
- 14a Haven Road, Canford Cliffs, Poole, Dorset BH13 7LP
- Incorporated
- 28/09/1993
Company snapshot
- Status
- Active
- Employees
- 3 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-50.90%vs 20232023: £87.73K
Total Assets
-49.17%vs 20232023: £112.72K
Cash in Bank
23.11%vs 20232023: £30.67K
Total Liabilities
9.85%vs 20232023: £12.95K
Employees
0vs 20232023: 3
In 2024, M & G DEVELOPMENTS LIMITED reported net assets of £43.07K. The same filing shows total assets of £57.30K, cash in bank of £37.75K and total liabilities of £14.22K. Reported headcount was 3 in 2024. Total Assets fell from £112.72K in 2023 to £57.30K in 2024 (-49.17%). 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
-50.90%from £87.73K 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 M & G DEVELOPMENTS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-54.3%vs 2022-32.4% a year compound (CAGR)
Total Assets
-52.4%vs 2022-31% a year compound (CAGR)
Total Liabilities
-45.5%vs 2022-26.2% a year compound (CAGR)
Employees
0%vs 2022Biggest decrease
Net Assets-54.3%
£94.20K in 2022 to £43.07K in 2024
Every measure that changed in M & G DEVELOPMENTS LIMITED's filings between 2022 and 2024 fell. The steepest fall came in net assets, pointing to a weakening balance sheet, with total assets and total liabilities falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from M & G DEVELOPMENTS 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
- 75.17%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.
- Liabilities to total assets
- 24.83%2024
- 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
- 265.42%2024
- 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
- 65.89%2024
- 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 M & G DEVELOPMENTS 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£ | 151.11K | 94.20K | 87.73K | 43.07K |
| Total Assets£ | 192.73K | 120.29K | 112.72K | 57.30K |
| Cash in Bank£ | – | – | 30.67K | 37.75K |
| Total Liabilities£ | 41.62K | 26.09K | 12.95K | 14.22K |
| Employees | 3 | 3 | 3 | 3 |
M & G DEVELOPMENTS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for M & G DEVELOPMENTS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
M & G DEVELOPMENTS LIMITED reported net assets of £43.07K for 2024. That compares with £87.73K in 2023, a change of -50.90%.
M & G DEVELOPMENTS LIMITED reported total assets of £57.30K for 2024. That compares with £112.72K in 2023, a change of -49.17%.
M & G DEVELOPMENTS LIMITED reported cash in bank of £37.75K for 2024. That compares with £30.67K in 2023, a change of 23.11%.
M & G DEVELOPMENTS LIMITED reported 3 employees in 2024, compared with 3 in 2023.
Between 2022 and 2024, M & G DEVELOPMENTS LIMITED's net assets fell by 54.3%, total assets fell by 52.4%, total liabilities fell by 45.5% and employee numbers was unchanged. Net assets contracted at 32.4% a year across the two years to 2024, from £94.20K to £43.07K. Reported headcount went from 3 in 2022 to 3 in 2024.
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.