MGM MECHANICAL LIMITED Financials
- Company number
- 13753224CopyCopy
- Registered office
- 4 Capricorn Centre, Cranes Farm Road, Basildon, Essex SS14 3JJ
- Incorporated
- 18/11/2021
Company snapshot
- Status
- Active
- Employees
- 3 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2025.
Net Assets
42.77%vs 20242024: £64.21K
Total Assets
29.67%vs 20242024: £165.56K
Cash in Bank
-73.29%vs 20242024: £31.36K
Total Liabilities
21.37%vs 20242024: £101.35K
Employees
0vs 20242024: 3
In 2025, MGM MECHANICAL LIMITED reported net assets of £91.68K. The same filing shows total assets of £214.69K, cash in bank of £8.38K and total liabilities of £123.01K. Reported headcount was 3 in 2025. Total Assets rose from £165.56K in 2024 to £214.69K in 2025 (29.67%). Okredo holds filed figures for 2022–2025; 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
42.77%from £64.21K in 2024Year-on-year change
Net Assets as filed for 2022–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures MGM MECHANICAL LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+134%vs 2023+53.1% a year compound (CAGR)
Cash in Bank
+202%vs 2023+73.7% a year compound (CAGR)
Total Assets
+231%vs 2023+82% a year compound (CAGR)
Total Liabilities
+378%vs 2023+119% a year compound (CAGR)
Employees
0%vs 2023Biggest increase
Total Liabilities+378%
£25.72K in 2023 to £123.01K in 2025
Every measure that changed in MGM MECHANICAL LIMITED's filings between 2023 and 2025 rose. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, with net assets, cash in bank and total assets climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MGM MECHANICAL 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
- 42.70%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
- 57.30%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
- 6.81%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
- 3.90%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 MGM MECHANICAL LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Net Assets£ | 24.87K | 39.12K | 64.21K | 91.68K |
| Total Assets£ | 35.98K | 64.85K | 165.56K | 214.69K |
| Cash in Bank£ | 10.86K | 2.78K | 31.36K | 8.38K |
| Total Liabilities£ | 11.11K | 25.72K | 101.35K | 123.01K |
| Employees | 3 | 3 | 3 | 3 |
MGM MECHANICAL LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MGM MECHANICAL LIMITED covering 2022–2025, across 5 reported indicators. The most recent reported year is 2025.
MGM MECHANICAL LIMITED reported net assets of £91.68K for 2025. That compares with £64.21K in 2024, a change of 42.77%.
MGM MECHANICAL LIMITED reported total assets of £214.69K for 2025. That compares with £165.56K in 2024, a change of 29.67%.
MGM MECHANICAL LIMITED reported cash in bank of £8.38K for 2025. That compares with £31.36K in 2024, a change of -73.29%.
MGM MECHANICAL LIMITED reported 3 employees in 2025, compared with 3 in 2024.
Between 2023 and 2025, MGM MECHANICAL LIMITED's net assets rose by 134%, cash in bank rose by 202%, total assets rose by 231% and total liabilities rose by 378%. Net assets compounded at 53.1% a year across the two years to 2025, from £39.12K to £91.68K. Reported headcount went from 3 in 2023 to 3 in 2025.
Okredo holds reported figures for the years 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.