Mag London Ltd

Key Facts

Net Assets

Current: £39,056

Previous: £32,845

Change: +6,211 (+18.9%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: £8,099

Previous: £13,928

Change: -£5,829 (-41.9%)

Comment: Current assets fell significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £40,053

Previous: £47,638

Change: -£7,585 (-15.9%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £82,951

Previous: £11,277

Change: +£71,674 (+635.6%)

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

Fixed Assets

Current: £85,148

Previous: £94,160

Change: -£9,012 (-9.6%)

Comment: Fixed assets decreased slightly.

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: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.