Mg Travel Gloucester Ltd

Key Facts

Net Assets

Current: £11,290

Previous: £48,791

Change: -37,501 (-76.9%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £53,797

Previous: £28,155

Change: +£25,642 (+91.1%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £124,657

Previous: £144,403

Change: -£19,746 (-13.7%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £70,860

Previous: £116,248

Change: -£45,388 (-39%)

Comment: Net current assets fell significantly, reducing short‑term solvency.

Fixed Assets

Current: £60,205

Previous: £68,092

Change: -£7,887 (-11.6%)

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: 4

Previous: 4

Change: +0 (+0%)

Comment: No change in team size.