MG METAL HOLDINGS LTD Financials
- Company number
- 05264969Copy
Copy - Registered office
- Unit 2 Dolphin Park, Cremers Road, Sittingbourne, Kent ME10 3HB
- Incorporated
- 20/10/2004
Company snapshot
- Status
- Active
- Employees
- 5 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
69.63%vs 20232023: £71.16K
Total Liabilities
No changevs 20232023: £0.00
Employees
-1vs 20232023: 6
In 2024, MG METAL HOLDINGS LTD reported net assets of £120.70K. The same filing shows total liabilities of £0.00. Reported headcount was 5 in 2024. Net Assets rose from £71.16K in 2023 to £120.70K in 2024 (69.63%). 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
69.63%from £71.16K 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 METAL HOLDINGS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+69.1%vs 2022+30.1% a year compound (CAGR)
Total Liabilities
No changevs 2022Employees
-16.7%vs 2022-1Biggest increase
Net Assets+69.1%
£71.36K in 2022 to £120.70K in 2024
Biggest decrease
Employees-16.7%
6 in 2022 to 5 in 2024
MG METAL HOLDINGS LTD'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 employee numbers, pointing to a smaller workforce. Total liabilities was filed as nil in each of these years, so the direction here rests on the remaining measures. See the full year-by-year figures.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for MG METAL HOLDINGS 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£ | 239.96K | 71.36K | 71.16K | 120.70K |
| Total Assets£ | – | – | – | – |
| Cash in Bank£ | – | – | – | – |
| Total Liabilities£ | 0.00 | 0.00 | 0.00 | 0.00 |
| Employees | 4 | 6 | 6 | 5 |
MG METAL HOLDINGS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has MG METAL HOLDINGS LTD filed financial statements?
Yes. Okredo holds filed figures for MG METAL HOLDINGS LTD covering 2021–2024, across 3 reported indicators. The most recent reported year is 2024.
What net assets did MG METAL HOLDINGS LTD report in 2024?
MG METAL HOLDINGS LTD reported net assets of £120.70K for 2024. That compares with £71.16K in 2023, a change of 69.63%.
What total liabilities did MG METAL HOLDINGS LTD report in 2024?
MG METAL HOLDINGS LTD reported total liabilities of £0.00 for 2024. That compares with £0.00 in 2023.
How many people does MG METAL HOLDINGS LTD employ?
MG METAL HOLDINGS LTD reported 5 employees in 2024, compared with 6 in 2023.
How have MG METAL HOLDINGS LTD financials changed over the last 3 years?
Between 2022 and 2024, MG METAL HOLDINGS LTD's net assets rose by 69.1% and employee numbers fell by 16.7%. Net assets compounded at 30.1% a year across the two years to 2024, from £71.36K to £120.70K. Reported headcount went from 6 in 2022 to 5 in 2024 (-1).
Which years of MG METAL HOLDINGS LTD financial data are available?
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.