Mg Hourglass Pt Limited

Key Facts

Net Assets

Current: £90

Previous: £189

Change: -99 (-52.4%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £2,391

Previous: £2,895

Change: -£504 (-17.4%)

Comment: Current assets reduced noticeably.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £2,549

Previous: £3,038

Change: -£489 (-16.1%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £158

Previous: £143

Change: +£15 (+10.5%)

Comment: Net current assets strengthened moderately.

Fixed Assets

Current: £248

Previous: £332

Change: -£84 (-25.3%)

Comment: Fixed assets reduced noticeably.

Turnover

Current: Not reported

Previous: Not reported

Comment: Turnover not reported for either period, which is common for micro‑entity and small business.

Employees

Current: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.