Mgs Automotive & Rally Limited
Maintenance and repair of motor vehicles · Galston
ActiveUnited KingdomIncorporated 2016Private Limited Company
Financial position
Accounts to 2025-05-31 · GBP · Company accounts
Net assets
£345,202
Cash
£126,924
Turnover
—
Profit / loss
—
Current assets
£223,514
Creditors < 1 year
£190,612
Equity
£345,202
Average employees
Not available
Balance-sheet trend
GBP · companyFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
| Reported figures | 2025-05-31Company | 2024-05-31Company | 2023-05-31Company | 2022-05-31 | 2021-05-31 | 2020-05-31 | 2019-05-31 | 2018-05-31 | 2017-05-31 |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet | |||||||||
| Net assets | £345,202 | £301,741 | £201,169 | £119,446 | £147,111 | £50,032 | £16,642 | £18,000 | £6,400 |
| Equity | £345,202 | £301,741 | £201,169 | £119,446 | £147,111 | £50,032 | £16,642 | £18,000 | £6,400 |
| Assets | |||||||||
| Fixed assets | £363,090 | £354,549 | £361,096 | £379,655 | — | — | £111,988 | £62,500 | £76,250 |
| Property, plant & equipment | £363,090 | £354,549 | — | £379,655 | £341,931 | £247,957 | — | — | — |
| Current assets | £223,514 | £183,613 | £176,158 | £105,692 | £129,406 | £65,023 | £62,946 | £61,083 | £51,459 |
| Cash at bank | £126,924 | £81,242 | — | £35,210 | £44,927 | £18,051 | — | — | — |
| Debtors | £91,590 | £97,371 | — | £65,482 | £70,479 | £37,367 | — | — | — |
| Stock | £5,000 | £5,000 | — | £5,000 | £14,000 | £9,605 | — | — | — |
| Liabilities | |||||||||
| Creditors within one year | £190,612 | £149,511 | £161,986 | £72,855 | — | — | £158,292 | £141,583 | £134,109 |
| Creditors after one year | £50,790 | £86,910 | £174,099 | £293,046 | — | — | — | £0 | £0 |
| Provisions | — | — | — | — | — | — | — | £0 | £0 |
| Net current assets | £32,902 | £34,102 | — | £32,837 | £40,824 | −£197,925 | −£95,346 | −£80,500 | −£82,650 |
| Assets less current liabilities | £395,992 | £388,651 | — | £412,492 | £382,755 | £50,032 | £16,642 | £18,000 | £6,400 |
| People | |||||||||
| Average employees | — | — | 6 | 6 | 4 | 4 | 0 | — | — |
| Source evidence | View filing | View filing | View filing | View filing | View filing | View filing | View filing | View filing | View filing |
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
3 outstanding chargesUnknown · created 2019-08-14
—
OutstandingUnknown · created 2019-08-15
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OutstandingAll Assets · created 2019-07-24
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Outstanding