mgcfutures ltd
mgcfutures ltd Company Information
Company Number
08447600
Website
www.mgcfutures.comRegistered Address
fourth floor, wyndham's theatre, charing cross road, london, WC2H 0DA
Industry
Support activities to performing arts
Telephone
02035827210
Next Accounts Due
May 2025
Group Structure
View All
Shareholders
-0%
mgcfutures ltd Estimated Valuation
Pomanda estimates the enterprise value of MGCFUTURES LTD at £28.5k based on a Turnover of £75.6k and 0.38x industry multiple (adjusted for size and gross margin).
mgcfutures ltd Estimated Valuation
Pomanda estimates the enterprise value of MGCFUTURES LTD at £0 based on an EBITDA of £-84.3k and a 3.66x industry multiple (adjusted for size and gross margin).
mgcfutures ltd Estimated Valuation
Pomanda estimates the enterprise value of MGCFUTURES LTD at £80.8k based on Net Assets of £169.3k and 0.48x industry multiple (adjusted for liquidity).
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Mgcfutures Ltd Overview
Mgcfutures Ltd is a live company located in london, WC2H 0DA with a Companies House number of 08447600. It operates in the support activities to performing arts sector, SIC Code 90020. Founded in March 2013, it's largest shareholder is unknown. Mgcfutures Ltd is a established, micro sized company, Pomanda has estimated its turnover at £75.6k with rapid growth in recent years.
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Mgcfutures Ltd Health Check
Pomanda's financial health check has awarded Mgcfutures Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
4 Weak
Size
annual sales of £75.6k, make it smaller than the average company (£270.5k)
£75.6k - Mgcfutures Ltd
£270.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 33%, show it is growing at a faster rate (5.6%)
33% - Mgcfutures Ltd
5.6% - Industry AVG
Production
with a gross margin of 38.8%, this company has a comparable cost of product (38.8%)
38.8% - Mgcfutures Ltd
38.8% - Industry AVG
Profitability
an operating margin of -111.5% make it less profitable than the average company (6.4%)
-111.5% - Mgcfutures Ltd
6.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Mgcfutures Ltd
4 - Industry AVG
Pay Structure
on an average salary of £29k, the company has an equivalent pay structure (£29k)
- Mgcfutures Ltd
£29k - Industry AVG
Efficiency
resulting in sales per employee of £37.8k, this is less efficient (£74k)
£37.8k - Mgcfutures Ltd
£74k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Mgcfutures Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Mgcfutures Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mgcfutures Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1596 weeks, this is more cash available to meet short term requirements (113 weeks)
1596 weeks - Mgcfutures Ltd
113 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 3.3%, this is a lower level of debt than the average (30.8%)
3.3% - Mgcfutures Ltd
30.8% - Industry AVG
MGCFUTURES LTD financials
Mgcfutures Ltd's latest turnover from August 2023 is £75.6 thousand and the company has net assets of £169.3 thousand. According to their latest financial statements, Mgcfutures Ltd has 2 employees and maintains cash reserves of £175 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 75,571 | 67,718 | 352,119 | 31,961 | 184,161 | 49,405 | 66,242 | 177,142 | 1,270 | 52,285 |
| Other Income Or Grants | ||||||||||
| Cost Of Sales | ||||||||||
| Gross Profit | ||||||||||
| Admin Expenses | ||||||||||
| Operating Profit | ||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 388 | 386 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -73,766 | -55,447 | 224,406 | -76,590 | 33,462 | -6,114 | -56,251 | 132,370 | -1,684 | 48,942 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | -73,766 | -55,447 | 224,406 | -76,590 | 33,462 | -6,114 | -56,251 | 132,370 | -1,684 | 48,942 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -73,766 | -55,447 | 224,406 | -76,590 | 33,462 | -6,114 | -56,251 | 132,370 | -1,684 | 48,942 |
| Employee Costs | ||||||||||
| Number Of Employees | 2 | 2 | 2 | 1 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 2,855 | 0 | 2,000 | 1,240 | 12,000 | 0 | 0 | 0 | 0 |
| Cash | 175,030 | 245,121 | 302,452 | 76,050 | 154,985 | 138,263 | 126,377 | 182,628 | 47,642 | 50,097 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 175,030 | 247,976 | 302,452 | 78,050 | 156,225 | 150,263 | 126,377 | 182,628 | 47,642 | 50,097 |
| total assets | 175,030 | 247,976 | 302,452 | 78,050 | 156,225 | 150,263 | 126,377 | 182,628 | 47,642 | 50,097 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 5,702 | 4,882 | 3,911 | 3,915 | 5,500 | 33,000 | 3,000 | 3,000 | 384 | 1,155 |
| total current liabilities | 5,702 | 4,882 | 3,911 | 3,915 | 5,500 | 33,000 | 3,000 | 3,000 | 384 | 1,155 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 5,702 | 4,882 | 3,911 | 3,915 | 5,500 | 33,000 | 3,000 | 3,000 | 384 | 1,155 |
| net assets | 169,328 | 243,094 | 298,541 | 74,135 | 150,725 | 117,263 | 123,377 | 179,628 | 47,258 | 48,942 |
| total shareholders funds | 169,328 | 243,094 | 298,541 | 74,135 | 150,725 | 117,263 | 123,377 | 179,628 | 47,258 | 48,942 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -2,855 | 2,855 | -2,000 | 760 | -10,760 | 12,000 | 0 | 0 | 0 | 0 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 820 | 971 | -4 | -1,585 | -27,500 | 30,000 | 0 | 2,616 | -771 | 1,155 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | -388 | -386 | 0 | 0 | 0 |
| cash flow from financing | 0 | 0 | 0 | 0 | 0 | -388 | -386 | 0 | 0 | 0 |
| cash and cash equivalents | ||||||||||
| cash | -70,091 | -57,331 | 226,402 | -78,935 | 16,722 | 11,886 | -56,251 | 134,986 | -2,455 | 50,097 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -70,091 | -57,331 | 226,402 | -78,935 | 16,722 | 11,886 | -56,251 | 134,986 | -2,455 | 50,097 |
mgcfutures ltd Credit Report and Business Information
Mgcfutures Ltd Competitor Analysis
Perform a competitor analysis for mgcfutures ltd by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in WC2H area or any other competitors across 12 key performance metrics.
mgcfutures ltd Ownership
MGCFUTURES LTD group structure
Mgcfutures Ltd has no subsidiary companies.
Ultimate parent company
MGCFUTURES LTD
08447600
mgcfutures ltd directors
Mgcfutures Ltd currently has 7 directors. The longest serving directors include Mr Anthony Pins (Mar 2013) and Mr Jeremiah Healy (Jul 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Anthony Pins | United Kingdom | 60 years | Mar 2013 | - | Director |
| Mr Jeremiah Healy | England | 41 years | Jul 2013 | - | Director |
| Ms Kate Morley | England | 50 years | Jul 2015 | - | Director |
| Revd Canon Sir Ralph Waller | England | 78 years | Jun 2019 | - | Director |
| Ms Joan Major | 68 years | Mar 2021 | - | Director | |
| Ms Abigail Zakarian | England | 41 years | Aug 2022 | - | Director |
| The Lady Hannah Lowy Mitchell | England | 70 years | Apr 2023 | - | Director |
P&L
August 2023turnover
75.6k
+12%
operating profit
-84.3k
0%
gross margin
38.9%
+1.7%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
169.3k
-0.3%
total assets
175k
-0.29%
cash
175k
-0.29%
net assets
Total assets minus all liabilities
Similar Companies
mgcfutures ltd company details
company number
08447600
Type
Private Ltd By Guarantee w/o Share Cap
industry
90020 - Support activities to performing arts
incorporation date
March 2013
age
11
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
August 2023
address
fourth floor, wyndham's theatre, charing cross road, london, WC2H 0DA
accountant
PETA PARKER
auditor
-
mgcfutures ltd Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to mgcfutures ltd.
mgcfutures ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
