MGC HOLDINGS LIMITED Financials
- Company number
- 02221677CopyCopy
- Registered office
- 4 King Square, Bridgwater, Somerset TA6 3YF
- Incorporated
- 16/02/1988
Company snapshot
- Status
- Active
- Employees
- 3 (2025)
- Latest financial data
- 2025
- Accounts type
- Audited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-37.43%vs 20242024: £231.98K
Total Assets
-35.41%vs 20242024: £244.00K
Cash in Bank
-9.12%vs 20242024: £52.99K
Total Liabilities
3.57%vs 20242024: £12.02K
Employees
0vs 20242024: 3
In 2025, MGC HOLDINGS LIMITED reported net assets of £145.15K. The same filing shows total assets of £157.60K, cash in bank of £48.15K and total liabilities of £12.45K. Reported headcount was 3 in 2025. Net Assets fell from £231.98K in 2024 to £145.15K in 2025 (-37.43%). 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
-37.43%from £231.98K 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 MGC HOLDINGS LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-33.6%vs 2023-18.5% a year compound (CAGR)
Cash in Bank
-16.7%vs 2023-8.7% a year compound (CAGR)
Total Assets
-31.7%vs 2023-17.4% a year compound (CAGR)
Total Liabilities
+3.4%vs 2023+1.7% a year compound (CAGR)
Employees
0%vs 2023Biggest increase
Total Liabilities+3.4%
£12.04K in 2023 to £12.45K in 2025
Biggest decrease
Net Assets-33.6%
£218.72K in 2023 to £145.15K in 2025
MGC HOLDINGS LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MGC HOLDINGS 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
- 92.10%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
- 7.90%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
- 386.86%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
- 30.55%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 MGC HOLDINGS 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£ | 192.10K | 205.41K | 218.72K | 231.98K | 145.15K |
| Total Assets£ | 199.37K | 217.79K | 230.75K | 244.00K | 157.60K |
| Cash in Bank£ | 62.87K | 62.87K | 57.77K | 52.99K | 48.15K |
| Total Liabilities£ | 7.28K | 12.38K | 12.04K | 12.02K | 12.45K |
| Employees | 0 | 0 | 3 | 3 | 3 |
MGC HOLDINGS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MGC HOLDINGS LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
MGC HOLDINGS LIMITED reported net assets of £145.15K for 2025. That compares with £231.98K in 2024, a change of -37.43%.
MGC HOLDINGS LIMITED reported total assets of £157.60K for 2025. That compares with £244.00K in 2024, a change of -35.41%.
MGC HOLDINGS LIMITED reported cash in bank of £48.15K for 2025. That compares with £52.99K in 2024, a change of -9.12%.
MGC HOLDINGS LIMITED reported 3 employees in 2025, compared with 3 in 2024.
Between 2023 and 2025, MGC HOLDINGS LIMITED's net assets fell by 33.6%, cash in bank fell by 16.7%, total assets fell by 31.7% and total liabilities rose by 3.4%. Net assets contracted at 18.5% a year across the two years to 2025, from £218.72K to £145.15K. Reported headcount went from 3 in 2023 to 3 in 2025.
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.