MG ELECTRICAL INSTALLATIONS LIMITED Financials
- Company number
- 09986966CopyCopy
- Registered office
- 2 The Courtyard Back Lane, Ackleton, Wolverhampton WV6 7JJ
- Incorporated
- 04/02/2016
Company snapshot
- Status
- Active
- Employees
- 3 (2025)
- Latest financial data
- 2025
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-26.66%vs 20242024: £949.00
Total Assets
7.79%vs 20242024: £48.31K
Total Liabilities
8.48%vs 20242024: £47.36K
Employees
0vs 20242024: 3
In 2025, MG ELECTRICAL INSTALLATIONS LIMITED reported net assets of £696.00. The same filing shows total assets of £52.07K and total liabilities of £51.38K. Reported headcount was 3 in 2025. Total Liabilities rose from £47.36K in 2024 to £51.38K in 2025 (8.48%). Okredo holds filed figures for 2021–2025; 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
-26.66%from £949.00 in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures MG ELECTRICAL INSTALLATIONS LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+18.2%vs 2023+8.7% a year compound (CAGR)
Total Assets
+13.8%vs 2023+6.7% a year compound (CAGR)
Total Liabilities
+13.7%vs 2023+6.6% a year compound (CAGR)
Employees
0%vs 2023Biggest increase
Net Assets+18.2%
£589.00 in 2023 to £696.00 in 2025
Every measure that changed in MG ELECTRICAL INSTALLATIONS LIMITED's filings between 2023 and 2025 rose. The steepest rise came in net assets, pointing to a strengthening balance sheet, with total assets and total liabilities climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MG ELECTRICAL INSTALLATIONS 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
- 1.34%2025
- 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
- 98.66%2025
- 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 MG ELECTRICAL INSTALLATIONS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 825.00 | 3.29K | 589.00 | 949.00 | 696.00 |
| Total Assets£ | 55.16K | 38.26K | 45.76K | 48.31K | 52.07K |
| Cash in Bank£ | – | – | – | – | – |
| Total Liabilities£ | 54.33K | 34.98K | 45.17K | 47.36K | 51.38K |
| Employees | 2 | 2 | 3 | 3 | 3 |
MG ELECTRICAL INSTALLATIONS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MG ELECTRICAL INSTALLATIONS LIMITED covering 2021–2025, across 4 reported indicators. The most recent reported year is 2025.
MG ELECTRICAL INSTALLATIONS LIMITED reported net assets of £696.00 for 2025. That compares with £949.00 in 2024, a change of -26.66%.
MG ELECTRICAL INSTALLATIONS LIMITED reported total assets of £52.07K for 2025. That compares with £48.31K in 2024, a change of 7.79%.
MG ELECTRICAL INSTALLATIONS LIMITED reported total liabilities of £51.38K for 2025. That compares with £47.36K in 2024, a change of 8.48%.
MG ELECTRICAL INSTALLATIONS LIMITED reported 3 employees in 2025, compared with 3 in 2024.
Between 2023 and 2025, MG ELECTRICAL INSTALLATIONS LIMITED's net assets rose by 18.2%, total assets rose by 13.8%, total liabilities rose by 13.7% and employee numbers was unchanged. Net assets compounded at 8.7% a year across the two years to 2025, from £589.00 to £696.00. Reported headcount went from 3 in 2023 to 3 in 2025.
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.