MCGUIGINNS LTD Financials
- Company number
- NI610227CopyCopy
- Registered office
- Floor 2, Wellington Buildings, 2-4 Wellington Street, Belfast, Antrim BT1 6HT
- Incorporated
- 05/12/2011
Company snapshot
- Status
- Active
- Employees
- 7 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-39.49%vs 20232023: £-466.09K
Total Assets
479.44%vs 20232023: £470.63K
Total Liabilities
260.53%vs 20232023: £936.72K
Employees
0vs 20232023: 7
In 2024, MCGUIGINNS LTD reported net assets of £-650.16K. The same filing shows total assets of £2.73M and total liabilities of £3.38M. Reported headcount was 7 in 2024. Total Liabilities rose from £936.72K in 2023 to £3.38M in 2024 (260.53%). 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
-39.49%from £-466.09K 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 MCGUIGINNS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-262%vs 2022Total Assets
+471%vs 2022+139% a year compound (CAGR)
Total Liabilities
Increasedvs 2022Employees
0%vs 2022Biggest increase
Total Assets+471%
£477.78K in 2022 to £2.73M in 2024
Biggest decrease
Net Assets-262%
£402.46K in 2022 to £-650.16K in 2024
MCGUIGINNS LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in total assets, pointing to a broader asset base, 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 MCGUIGINNS 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
- -23.84%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
- 123.84%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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for MCGUIGINNS 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£ | 297.23K | 402.46K | -466.09K | -650.16K |
| Total Assets£ | 542.57K | 477.78K | 470.63K | 2.73M |
| Cash in Bank£ | – | – | – | – |
| Total Liabilities£ | -736.93K | -812.55K | 936.72K | 3.38M |
| Employees | 7 | 7 | 7 | 7 |
MCGUIGINNS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MCGUIGINNS LTD covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.
MCGUIGINNS LTD reported net assets of £-650.16K for 2024. That compares with £-466.09K in 2023, a change of -39.49%.
MCGUIGINNS LTD reported total assets of £2.73M for 2024. That compares with £470.63K in 2023, a change of 479.44%.
MCGUIGINNS LTD reported total liabilities of £3.38M for 2024. That compares with £936.72K in 2023, a change of 260.53%.
MCGUIGINNS LTD reported 7 employees in 2024, compared with 7 in 2023.
Between 2022 and 2024, MCGUIGINNS LTD's net assets fell by 262%, total assets rose by 471% and employee numbers was unchanged. Total assets compounded at 139% a year across the two years to 2024, from £477.78K to £2.73M. Reported headcount went from 7 in 2022 to 7 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.