MG PROMOTIONS LIMITED Financials
- Company number
- 03884199CopyCopy
- Registered office
- 19-20 Bourne Court Southend Road, Woodford Green IG8 8HD
- Incorporated
- 26/11/1999
Company snapshot
- Status
- Active
- Employees
- 32 (2025)
- Latest financial data
- 2025
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-1.26%vs 20242024: £-56.52K
Total Assets
43.89%vs 20242024: £127.50K
Cash in Bank
53.56%vs 20242024: £40.71K
Total Liabilities
37.17%vs 20242024: £165.15K
Employees
-22vs 20242024: 54
In 2025, MG PROMOTIONS LIMITED reported net assets of £-57.23K. The same filing shows total assets of £183.46K, cash in bank of £62.52K and total liabilities of £226.53K. Reported headcount was 32 in 2025. Total Liabilities rose from £165.15K in 2024 to £226.53K in 2025 (37.17%). 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
-1.26%from £-56.52K 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 PROMOTIONS LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2023Cash in Bank
+67.5%vs 2023+29.4% a year compound (CAGR)
Total Assets
-5.6%vs 2023-2.9% a year compound (CAGR)
Total Liabilities
+27%vs 2023+12.7% a year compound (CAGR)
Employees
-34.7%vs 2023-17Biggest increase
Cash in Bank+67.5%
£37.34K in 2023 to £62.52K in 2025
Biggest decrease
Employees-34.7%
49 in 2023 to 32 in 2025
MG PROMOTIONS LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MG PROMOTIONS 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
- -31.19%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
- 123.48%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.
- Cash to liabilities
- 27.60%2025
- 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
- 34.08%2025
- 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 PROMOTIONS 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£ | 35.38K | 43.56K | -9.14K | -56.52K | -57.23K |
| Total Assets£ | 190.17K | 163.68K | 194.43K | 127.50K | 183.46K |
| Cash in Bank£ | – | – | 37.34K | 40.71K | 62.52K |
| Total Liabilities£ | 154.79K | 120.13K | 178.41K | 165.15K | 226.53K |
| Employees | 27 | 52 | 49 | 54 | 32 |
MG PROMOTIONS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MG PROMOTIONS LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
MG PROMOTIONS LIMITED reported net assets of £-57.23K for 2025. That compares with £-56.52K in 2024, a change of -1.26%.
MG PROMOTIONS LIMITED reported total assets of £183.46K for 2025. That compares with £127.50K in 2024, a change of 43.89%.
MG PROMOTIONS LIMITED reported cash in bank of £62.52K for 2025. That compares with £40.71K in 2024, a change of 53.56%.
MG PROMOTIONS LIMITED reported 32 employees in 2025, compared with 54 in 2024.
Between 2023 and 2025, MG PROMOTIONS LIMITED's cash in bank rose by 67.5%, total assets fell by 5.6%, total liabilities rose by 27% and employee numbers fell by 34.7%. Cash in bank compounded at 29.4% a year across the two years to 2025, from £37.34K to £62.52K. Reported headcount went from 49 in 2023 to 32 in 2025 (-17).
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.