Mgmotorcycles Limited

Key Facts

Net Assets

Current: £32,152

Previous: £29,880

Change: +2,272 (+7.6%)

Comment: Slight improvement in net assets and liabilities.

Current Assets

Current: £162,016

Previous: £145,032

Change: +£16,984 (+11.7%)

Comment: Current assets grew moderately.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £42,147

Previous: £88,855

Change: -£46,708 (-52.6%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £62,540

Previous: £37,556

Change: +£24,984 (+66.5%)

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

Fixed Assets

Current: £72,535

Previous: £96,531

Change: -£23,996 (-24.9%)

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: 5

Previous: 5

Change: +0 (+0%)

Comment: No change in team size.