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M G A COMMUNICATION LIMITED Financials

Company number
NI028660Copy
Copy
Registered office
55 Antrim Road, Ballynahinch, Co Down BT24 8AN
Incorporated
05/08/1994

Company snapshot

Status
Active
Employees
3 (2026)
Latest financial data
2026
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2022–2026.

Net Assets

£488.87K2026
-20.83%vs 2025

2025: £617.48K

Total Assets

£1.46M2026
-6.92%vs 2025

2025: £1.57M

Cash in Bank

£1.10M2026
1.64%vs 2025

2025: £1.09M

Total Liabilities

£951.76K2026
No changevs 2025

2025: £951.78K

Employees

32026
-1vs 2025

2025: 4

In 2026, M G A COMMUNICATION LIMITED reported net assets of £488.87K. The same filing shows total assets of £1.46M, cash in bank of £1.10M and total liabilities of £951.76K. Reported headcount was 3 in 2026. Net Assets fell from £617.48K in 2025 to £488.87K in 2026 (-20.83%). Okredo holds filed figures for 2022–2026; 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

£488.87K2026
-20.83%from £617.48K in 2025

Year-on-year change

Net Assets as filed for 2022–2026. Every figure in this chart is also in the financial history table.

3-year financial trend (2024–2026)

How the figures M G A COMMUNICATION LIMITED filed moved across the three reported years 2024, 2025 and 2026 — measured end to end rather than year on year.

Net Assets

£587.51K2024£488.87K2026
-16.8%vs 2024

-8.8% a year compound (CAGR)

Cash in Bank

£542.24K2024£1.10M2026
+104%vs 2024

+42.7% a year compound (CAGR)

Total Assets

£1.12M2024£1.46M2026
+30.5%vs 2024

+14.2% a year compound (CAGR)

Total Liabilities

£531.75K2024£951.76K2026
+79%vs 2024

+33.8% a year compound (CAGR)

Employees

4202432026
-25%vs 2024-1

Biggest increase

Cash in Bank+104%

£542.24K in 2024 to £1.10M in 2026

Biggest decrease

Employees-25%

4 in 2024 to 3 in 2026

M G A COMMUNICATION LIMITED's filings pull in both directions between 2024 and 2026. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.

Ratios from the filed figures

Calculated from M G A COMMUNICATION 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
33.47%2026
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
65.16%2026
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
116.01%2026
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
75.59%2026
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 A COMMUNICATION LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20222023202420252026
Net Assets£1.15M848.20K587.51K617.48K488.87K
Total Assets£1.39M2.25M1.12M1.57M1.46M
Cash in Bank£1.09M1.89M542.24K1.09M1.10M
Total Liabilities£226.29K1.40M531.75K951.78K951.76K
Employees00443

M G A COMMUNICATION LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for M G A COMMUNICATION LIMITED covering 2022–2026, across 5 reported indicators. The most recent reported year is 2026.

M G A COMMUNICATION LIMITED reported net assets of £488.87K for 2026. That compares with £617.48K in 2025, a change of -20.83%.

M G A COMMUNICATION LIMITED reported total assets of £1.46M for 2026. That compares with £1.57M in 2025, a change of -6.92%.

M G A COMMUNICATION LIMITED reported cash in bank of £1.10M for 2026. That compares with £1.09M in 2025, a change of 1.64%.

M G A COMMUNICATION LIMITED reported 3 employees in 2026, compared with 4 in 2025.

Between 2024 and 2026, M G A COMMUNICATION LIMITED's net assets fell by 16.8%, cash in bank rose by 104%, total assets rose by 30.5% and total liabilities rose by 79%. Net assets contracted at 8.8% a year across the two years to 2026, from £587.51K to £488.87K. Reported headcount went from 4 in 2024 to 3 in 2026 (-1).

Okredo holds reported figures for the years 2022, 2023, 2024, 2025, 2026. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.