MGB PLANT HIRE LIMITED Financials
- Company number
- 09743160CopyCopy
- Industry
- Renting and leasing of construction and civil engineering machinery and equipment (77.32 - SIC 2007)
- Registered office
- 5 Imperial Court, Laporte Way, Luton, Bedfordshire LU4 8FE
- Incorporated
- 21/08/2015
Company snapshot
- Status
- Active
- Employees
- 3 (2024)
- Latest financial data
- 2024
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
125.90%vs 20232023: £205.03K
Total Assets
106.02%vs 20232023: £301.00K
Cash in Bank
80.01%vs 20232023: £22.67K
Total Liabilities
63.54%vs 20232023: £95.97K
Employees
0vs 20232023: 3
In 2024, MGB PLANT HIRE LIMITED reported net assets of £463.18K. The same filing shows total assets of £620.13K, cash in bank of £40.80K and total liabilities of £156.95K. Reported headcount was 3 in 2024. Total Assets rose from £301.00K in 2023 to £620.13K in 2024 (106.02%). 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
125.90%from £205.03K 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 MGB PLANT HIRE LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+361%vs 2022+115% a year compound (CAGR)
Cash in Bank
+80%vs 2022+34.2% a year compound (CAGR)
Total Assets
+308%vs 2022+102% a year compound (CAGR)
Total Liabilities
+205%vs 2022+74.6% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Net Assets+361%
£100.40K in 2022 to £463.18K in 2024
Every measure that changed in MGB PLANT HIRE LIMITED's filings between 2022 and 2024 rose. The steepest rise came in net assets, pointing to a strengthening balance sheet, with cash in bank, total assets and total liabilities climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MGB PLANT HIRE 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
- 74.69%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
- 25.31%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
- 26.00%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
- 6.58%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 MGB PLANT HIRE 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£ | 31.69K | 100.40K | 205.03K | 463.18K |
| Total Assets£ | 92.62K | 151.85K | 301.00K | 620.13K |
| Cash in Bank£ | 5.45K | 22.67K | 22.67K | 40.80K |
| Total Liabilities£ | 60.93K | 51.45K | 95.97K | 156.95K |
| Employees | 3 | 3 | 3 | 3 |
MGB PLANT HIRE LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MGB PLANT HIRE LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
MGB PLANT HIRE LIMITED reported net assets of £463.18K for 2024. That compares with £205.03K in 2023, a change of 125.90%.
MGB PLANT HIRE LIMITED reported total assets of £620.13K for 2024. That compares with £301.00K in 2023, a change of 106.02%.
MGB PLANT HIRE LIMITED reported cash in bank of £40.80K for 2024. That compares with £22.67K in 2023, a change of 80.01%.
MGB PLANT HIRE LIMITED reported 3 employees in 2024, compared with 3 in 2023.
Between 2022 and 2024, MGB PLANT HIRE LIMITED's net assets rose by 361%, cash in bank rose by 80%, total assets rose by 308% and total liabilities rose by 205%. Net assets compounded at 115% a year across the two years to 2024, from £100.40K to £463.18K. Reported headcount went from 3 in 2022 to 3 in 2024.
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.