Mgf Accountants Limited

Key Facts

Net Assets

Current: £3,207

Previous: £998

Change: +2,209 (+221.3%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £43,858

Previous: £27,594

Change: +£16,264 (+58.9%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £18,016

Previous: £26,596

Change: -£8,580 (-32.3%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £27,722

Previous: £998

Change: +£26,724 (+2677.8%)

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

Fixed Assets

Current: Not reported

Previous: Not reported

Comment: Not reported

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.