MGC BAR & CATERING LIMITED Financials
- Company number
- 10015442Copy
Copy - Registered office
- Mitcham Golf Club, Carshalton Road, Mitcham, Surrey CR4 4HN
- Incorporated
- 19/02/2016
Company snapshot
- Status
- Active
- Employees
- 6 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-147.49%vs 20232023: £-31.77K
Total Assets
18.96%vs 20232023: £441.94K
Total Liabilities
27.58%vs 20232023: £473.71K
Employees
0vs 20232023: 6
In 2024, MGC BAR & CATERING LIMITED reported net assets of £-78.62K. The same filing shows total assets of £525.72K and total liabilities of £604.34K. Reported headcount was 6 in 2024. Total Liabilities rose from £473.71K in 2023 to £604.34K in 2024 (27.58%). 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
-147.49%from £-31.77K 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 MGC BAR & CATERING LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2022Total Assets
+58.8%vs 2022+26% a year compound (CAGR)
Total Liabilities
+70%vs 2022+30.4% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Total Liabilities+70%
£355.58K in 2022 to £604.34K in 2024
MGC BAR & CATERING LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, with total assets climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MGC BAR & CATERING 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
- -14.96%2024
- Liabilities to total assets
- 114.96%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.
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 MGC BAR & CATERING 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£ | -30.42K | -24.42K | -31.77K | -78.62K |
| Total Assets£ | 160.14K | 331.16K | 441.94K | 525.72K |
| Cash in Bank£ | – | – | – | – |
| Total Liabilities£ | 190.56K | 355.58K | 473.71K | 604.34K |
| Employees | 5 | 6 | 6 | 6 |
MGC BAR & CATERING LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has MGC BAR & CATERING LIMITED filed financial statements?
Yes. Okredo holds filed figures for MGC BAR & CATERING LIMITED covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.
What net assets did MGC BAR & CATERING LIMITED report in 2024?
MGC BAR & CATERING LIMITED reported net assets of £-78.62K for 2024. That compares with £-31.77K in 2023, a change of -147.49%.
What total assets did MGC BAR & CATERING LIMITED report in 2024?
MGC BAR & CATERING LIMITED reported total assets of £525.72K for 2024. That compares with £441.94K in 2023, a change of 18.96%.
What total liabilities did MGC BAR & CATERING LIMITED report in 2024?
MGC BAR & CATERING LIMITED reported total liabilities of £604.34K for 2024. That compares with £473.71K in 2023, a change of 27.58%.
How many people does MGC BAR & CATERING LIMITED employ?
MGC BAR & CATERING LIMITED reported 6 employees in 2024, compared with 6 in 2023.
How have MGC BAR & CATERING LIMITED financials changed over the last 3 years?
Between 2022 and 2024, MGC BAR & CATERING LIMITED's total assets rose by 58.8%, total liabilities rose by 70% and employee numbers was unchanged. Total assets compounded at 26% a year across the two years to 2024, from £331.16K to £525.72K. Reported headcount went from 6 in 2022 to 6 in 2024.
Which years of MGC BAR & CATERING LIMITED 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.