Mg Light Haulage Ltd

Key Facts

Net Assets

Current: £10,510

Previous: £12,904

Change: -2,394 (-18.6%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £40,714

Previous: £24,552

Change: +£16,162 (+65.8%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £73,763

Previous: £63,579

Change: +£10,184 (+16%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £33,049

Previous: £39,027

Change: -£5,978 (-15.3%)

Comment: Net current assets weakened noticeably.

Fixed Assets

Current: £43,559

Previous: £51,931

Change: -£8,372 (-16.1%)

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: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.