Mg Properties Manchester Ltd

Key Facts

Net Assets

Current: £8,976

Previous: £4,088

Change: +4,888 (+119.6%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £1,681

Previous: £3

Change: +£1,678 (+55933.3%)

Comment: Current assets increased significantly.

Cash

Current: £1,670

Previous: £2

Change: +£1,668 (+83400%)

Comment: Cash rose sharply, indicating a strong improvement in liquidity.

Creditors 1 Year

Current: £262,267

Previous: £255,862

Change: +£6,405 (+2.5%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £1,040

Previous: £477

Change: +£563 (+118%)

Comment: Net current assets rose sharply, indicating a strong improvement in working capital.

Fixed Assets

Current: £252,251

Previous: £252,251

Change: +£0 (+0%)

Comment: No change in fixed assets.

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: Not reported

Previous: Not reported

Comment: Not reported