M & G LOGISTICS LTD. Financials
- Company number
- SC244602CopyCopy
- Registered office
- 63 Main Street, Rutherglen, Glasgow, South Lanarkshire G73 2JH
- Incorporated
- 25/02/2003
Company snapshot
- Status
- Active
- Employees
- 21 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
6.65%vs 20232023: £564.46K
Total Assets
2.87%vs 20232023: £1.14M
Cash in Bank
33.88%vs 20232023: £258.42K
Total Liabilities
6.94%vs 20232023: £417.39K
Employees
0vs 20232023: 21
In 2024, M & G LOGISTICS LTD. reported net assets of £602.01K. The same filing shows total assets of £1.17M, cash in bank of £345.97K and total liabilities of £446.38K. Reported headcount was 21 in 2024. Cash in Bank rose from £258.42K in 2023 to £345.97K in 2024 (33.88%). 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
6.65%from £564.46K 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 LOGISTICS LTD. filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-8.3%vs 2022-4.3% a year compound (CAGR)
Cash in Bank
+85.1%vs 2022+36.1% a year compound (CAGR)
Total Assets
-1.4%vs 2022-0.7% a year compound (CAGR)
Total Liabilities
+38.4%vs 2022+17.7% a year compound (CAGR)
Employees
+5%vs 2022+1Biggest increase
Cash in Bank+85.1%
£186.87K in 2022 to £345.97K in 2024
Biggest decrease
Net Assets-8.3%
£656.75K in 2022 to £602.01K in 2024
M & G LOGISTICS LTD.'s filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, 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 M & G LOGISTICS 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
- 51.41%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
- 38.12%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
- 77.51%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
- 29.55%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 LOGISTICS LTD. by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 657.60K | 656.75K | 564.46K | 602.01K |
| Total Assets£ | 1.10M | 1.19M | 1.14M | 1.17M |
| Cash in Bank£ | 306.65K | 186.87K | 258.42K | 345.97K |
| Total Liabilities£ | 347.60K | 322.42K | 417.39K | 446.38K |
| Employees | 20 | 20 | 21 | 21 |
M & G LOGISTICS LTD. financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for M & G LOGISTICS LTD. covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
M & G LOGISTICS LTD. reported net assets of £602.01K for 2024. That compares with £564.46K in 2023, a change of 6.65%.
M & G LOGISTICS LTD. reported total assets of £1.17M for 2024. That compares with £1.14M in 2023, a change of 2.87%.
M & G LOGISTICS LTD. reported cash in bank of £345.97K for 2024. That compares with £258.42K in 2023, a change of 33.88%.
M & G LOGISTICS LTD. reported 21 employees in 2024, compared with 21 in 2023.
Between 2022 and 2024, M & G LOGISTICS LTD.'s net assets fell by 8.3%, cash in bank rose by 85.1%, total assets fell by 1.4% and total liabilities rose by 38.4%. Net assets contracted at 4.3% a year across the two years to 2024, from £656.75K to £602.01K. Reported headcount went from 20 in 2022 to 21 in 2024 (+1).
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.