MG CARAVAN SERVICE & REPAIR CENTRE LIMITED Financials
- Company number
- 05282098CopyCopy
- Registered office
- 159 High Street, Barnet, Hertfordshire EN5 5SU
- Incorporated
- 09/11/2004
Company snapshot
- Status
- Active
- Employees
- 13 (2024)
- Latest financial data
- 2024
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
10.08%vs 20232023: £1.17M
Total Assets
8.88%vs 20232023: £1.33M
Cash in Bank
8.99%vs 20232023: £327.35K
Total Liabilities
0.17%vs 20232023: £162.32K
Employees
0vs 20232023: 13
In 2024, MG CARAVAN SERVICE & REPAIR CENTRE LIMITED reported net assets of £1.29M. The same filing shows total assets of £1.45M, cash in bank of £356.77K and total liabilities of £162.60K. Reported headcount was 13 in 2024. Total Assets rose from £1.33M in 2023 to £1.45M in 2024 (8.88%). 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
10.08%from £1.17M 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 MG CARAVAN SERVICE & REPAIR CENTRE LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+5.5%vs 2022+2.7% a year compound (CAGR)
Cash in Bank
-18.7%vs 2022-9.9% a year compound (CAGR)
Total Assets
-1.5%vs 2022-0.7% a year compound (CAGR)
Total Liabilities
-35.1%vs 2022-19.5% a year compound (CAGR)
Employees
-7.1%vs 2022-1Biggest increase
Net Assets+5.5%
£1.22M in 2022 to £1.29M in 2024
Biggest decrease
Total Liabilities-35.1%
£250.72K in 2022 to £162.60K in 2024
MG CARAVAN SERVICE & REPAIR CENTRE LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MG CARAVAN SERVICE & REPAIR CENTRE 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
- 88.78%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
- 11.22%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
- 219.42%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
- 24.63%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 MG CARAVAN SERVICE & REPAIR CENTRE 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£ | 1.19M | 1.22M | 1.17M | 1.29M |
| Total Assets£ | 1.55M | 1.47M | 1.33M | 1.45M |
| Cash in Bank£ | 809.96K | 439.03K | 327.35K | 356.77K |
| Total Liabilities£ | 356.62K | 250.72K | 162.32K | 162.60K |
| Employees | 15 | 14 | 13 | 13 |
MG CARAVAN SERVICE & REPAIR CENTRE LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MG CARAVAN SERVICE & REPAIR CENTRE LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
MG CARAVAN SERVICE & REPAIR CENTRE LIMITED reported net assets of £1.29M for 2024. That compares with £1.17M in 2023, a change of 10.08%.
MG CARAVAN SERVICE & REPAIR CENTRE LIMITED reported total assets of £1.45M for 2024. That compares with £1.33M in 2023, a change of 8.88%.
MG CARAVAN SERVICE & REPAIR CENTRE LIMITED reported cash in bank of £356.77K for 2024. That compares with £327.35K in 2023, a change of 8.99%.
MG CARAVAN SERVICE & REPAIR CENTRE LIMITED reported 13 employees in 2024, compared with 13 in 2023.
Between 2022 and 2024, MG CARAVAN SERVICE & REPAIR CENTRE LIMITED's net assets rose by 5.5%, cash in bank fell by 18.7%, total assets fell by 1.5% and total liabilities fell by 35.1%. Net assets compounded at 2.7% a year across the two years to 2024, from £1.22M to £1.29M. Reported headcount went from 14 in 2022 to 13 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.