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MULGY LIMITED Financials

Company number
SC295043Copy
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Registered office
31 Linnet Drive, Kirkintilloch, Glasgow G66 3DG
Incorporated
05/01/2006

Company snapshot

Status
Active
Employees
4 (2025)
Latest financial data
2025
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£-3.89M2025
-554.87%vs 2024

2024: £-593.83K

Total Assets

£15.59M2025
-24.83%vs 2024

2024: £20.75M

Total Liabilities

£19.48M2025
-8.70%vs 2024

2024: £21.34M

Employees

42025
0vs 2024

2024: 4

In 2025, MULGY LIMITED reported net assets of £-3.89M. The same filing shows total assets of £15.59M and total liabilities of £19.48M. Reported headcount was 4 in 2025. Total Assets fell from £20.75M in 2024 to £15.59M in 2025 (-24.83%). 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

£-3.89M2025
-554.87%from £-593.83K in 2024

Year-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 MULGY LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£891.51K2023£-3.89M2025
-536%vs 2023

Total Assets

£22.24M2023£15.59M2025
-29.9%vs 2023

-16.3% a year compound (CAGR)

Total Liabilities

£21.35M2023£19.48M2025
-8.8%vs 2023

-4.5% a year compound (CAGR)

Employees

4202342025
0%vs 2023

Biggest decrease

Net Assets-536%

£891.51K in 2023 to £-3.89M in 2025

Every measure that changed in MULGY LIMITED's filings between 2023 and 2025 fell. The steepest fall came in net assets, pointing to a weakening balance sheet, with total assets and total liabilities falling alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from MULGY 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
-24.94%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
124.94%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.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for MULGY LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£557.77K795.25K891.51K-593.83K-3.89M
Total Assets£22.61M22.51M22.24M20.75M15.59M
Cash in Bank£–––––
Total Liabilities£22.06M21.72M21.35M21.34M19.48M
Employees34444

MULGY LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has MULGY LIMITED filed financial statements?

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Yes. Okredo holds filed figures for MULGY LIMITED covering 2021–2025, across 4 reported indicators. The most recent reported year is 2025.

What net assets did MULGY LIMITED report in 2025?

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MULGY LIMITED reported net assets of £-3.89M for 2025. That compares with £-593.83K in 2024, a change of -554.87%.

What total assets did MULGY LIMITED report in 2025?

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MULGY LIMITED reported total assets of £15.59M for 2025. That compares with £20.75M in 2024, a change of -24.83%.

What total liabilities did MULGY LIMITED report in 2025?

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MULGY LIMITED reported total liabilities of £19.48M for 2025. That compares with £21.34M in 2024, a change of -8.70%.

How many people does MULGY LIMITED employ?

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MULGY LIMITED reported 4 employees in 2025, compared with 4 in 2024.

How have MULGY LIMITED financials changed over the last 3 years?

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Between 2023 and 2025, MULGY LIMITED's net assets fell by 536%, total assets fell by 29.9%, total liabilities fell by 8.8% and employee numbers was unchanged. Total assets contracted at 16.3% a year across the two years to 2025, from £22.24M to £15.59M. Reported headcount went from 4 in 2023 to 4 in 2025.

Which years of MULGY LIMITED financial data are available?

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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.