MG PROJECT MANAGEMENT LIMITED Financials
- Company number
- 04188604CopyCopy
- Registered office
- 3 Doolittle Yard Froghall Road, Ampthill, Bedford MK45 2NW
- Incorporated
- 28/03/2001
Company snapshot
- Status
- Active
- Employees
- 9 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-23.01%vs 20232023: £447.19K
Total Assets
-26.07%vs 20232023: £892.34K
Cash in Bank
-91.90%vs 20232023: £177.85K
Total Liabilities
-39.91%vs 20232023: £315.34K
Employees
-1vs 20232023: 10
In 2024, MG PROJECT MANAGEMENT LIMITED reported net assets of £344.29K. The same filing shows total assets of £659.73K, cash in bank of £14.40K and total liabilities of £189.50K. Reported headcount was 9 in 2024. Total Assets fell from £892.34K in 2023 to £659.73K in 2024 (-26.07%). 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
-23.01%from £447.19K 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 PROJECT MANAGEMENT LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+35.3%vs 2022+16.3% a year compound (CAGR)
Cash in Bank
-88%vs 2022-65.3% a year compound (CAGR)
Total Assets
+28.7%vs 2022+13.5% a year compound (CAGR)
Total Liabilities
-20.4%vs 2022-10.8% a year compound (CAGR)
Employees
-18.2%vs 2022-2Biggest increase
Net Assets+35.3%
£254.53K in 2022 to £344.29K in 2024
Biggest decrease
Cash in Bank-88%
£119.69K in 2022 to £14.40K in 2024
MG PROJECT MANAGEMENT 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 cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MG PROJECT MANAGEMENT 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
- 52.19%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
- 28.72%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
- 7.60%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
- 2.18%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 PROJECT MANAGEMENT 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£ | 302.88K | 254.53K | 447.19K | 344.29K |
| Total Assets£ | 505.20K | 512.50K | 892.34K | 659.73K |
| Cash in Bank£ | 80.06K | 119.69K | 177.85K | 14.40K |
| Total Liabilities£ | 165.27K | 238.02K | 315.34K | 189.50K |
| Employees | 12 | 11 | 10 | 9 |
MG PROJECT MANAGEMENT LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MG PROJECT MANAGEMENT LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
MG PROJECT MANAGEMENT LIMITED reported net assets of £344.29K for 2024. That compares with £447.19K in 2023, a change of -23.01%.
MG PROJECT MANAGEMENT LIMITED reported total assets of £659.73K for 2024. That compares with £892.34K in 2023, a change of -26.07%.
MG PROJECT MANAGEMENT LIMITED reported cash in bank of £14.40K for 2024. That compares with £177.85K in 2023, a change of -91.90%.
MG PROJECT MANAGEMENT LIMITED reported 9 employees in 2024, compared with 10 in 2023.
Between 2022 and 2024, MG PROJECT MANAGEMENT LIMITED's net assets rose by 35.3%, cash in bank fell by 88%, total assets rose by 28.7% and total liabilities fell by 20.4%. Net assets compounded at 16.3% a year across the two years to 2024, from £254.53K to £344.29K. Reported headcount went from 11 in 2022 to 9 in 2024 (-2).
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.