mga global ltd
mga global ltd Company Information
Group Structure
View All
Industry
Development of building projects
Registered Address
32 charlotte road, dagenham, RM10 8TD
Website
volanteglobal.commga global ltd Estimated Valuation
Pomanda estimates the enterprise value of MGA GLOBAL LTD at £61.8k based on a Turnover of £192.3k and 0.32x industry multiple (adjusted for size and gross margin).
mga global ltd Estimated Valuation
Pomanda estimates the enterprise value of MGA GLOBAL LTD at £1.8k based on an EBITDA of £713 and a 2.54x industry multiple (adjusted for size and gross margin).
mga global ltd Estimated Valuation
Pomanda estimates the enterprise value of MGA GLOBAL LTD at £4.9k based on Net Assets of £3.5k and 1.41x industry multiple (adjusted for liquidity).
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Mga Global Ltd Overview
Mga Global Ltd is a live company located in dagenham, RM10 8TD with a Companies House number of 09453196. It operates in the development of building projects sector, SIC Code 41100. Founded in February 2015, it's largest shareholder is gheorghe adrian manea with a 100% stake. Mga Global Ltd is a established, micro sized company, Pomanda has estimated its turnover at £192.3k with high growth in recent years.
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Mga Global Ltd Health Check
Pomanda's financial health check has awarded Mga Global Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £192.3k, make it smaller than the average company (£2.2m)
- Mga Global Ltd
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (5.6%)
- Mga Global Ltd
5.6% - Industry AVG
Production
with a gross margin of 9.5%, this company has a higher cost of product (26.4%)
- Mga Global Ltd
26.4% - Industry AVG
Profitability
an operating margin of 0.4% make it less profitable than the average company (7.4%)
- Mga Global Ltd
7.4% - Industry AVG
Employees
with 4 employees, this is below the industry average (6)
4 - Mga Global Ltd
6 - Industry AVG
Pay Structure
on an average salary of £47.3k, the company has an equivalent pay structure (£47.3k)
- Mga Global Ltd
£47.3k - Industry AVG
Efficiency
resulting in sales per employee of £48.1k, this is less efficient (£270.8k)
- Mga Global Ltd
£270.8k - Industry AVG
Debtor Days
it gets paid by customers after 75 days, this is later than average (28 days)
- Mga Global Ltd
28 days - Industry AVG
Creditor Days
its suppliers are paid after 33 days, this is close to average (31 days)
- Mga Global Ltd
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mga Global Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mga Global Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 91.4%, this is a higher level of debt than the average (72.9%)
91.4% - Mga Global Ltd
72.9% - Industry AVG
MGA GLOBAL LTD financials
Mga Global Ltd's latest turnover from February 2024 is estimated at £192.3 thousand and the company has net assets of £3.5 thousand. According to their latest financial statements, Mga Global Ltd has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 40,335 | 35,251 | 27,107 | 35,241 | |||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | 1,507 | ||||||||
| Gross Profit | 38,828 | ||||||||
| Admin Expenses | |||||||||
| Operating Profit | |||||||||
| Interest Payable | |||||||||
| Interest Receivable | |||||||||
| Pre-Tax Profit | 8,083 | 3,186 | 854 | 6,590 | |||||
| Tax | -1,536 | -608 | -171 | -1,318 | |||||
| Profit After Tax | 6,547 | 2,578 | 683 | 5,272 | |||||
| Dividends Paid | 3,100 | ||||||||
| Retained Profit | 3,447 | 2,578 | 683 | 5,272 | |||||
| Employee Costs | 21,900 | 21,269 | 19,419 | 19,908 | |||||
| Number Of Employees | 4 | 4 | 4 | 2 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||
| Intangible Assets | |||||||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | |||||||||
| Stock & work in progress | |||||||||
| Trade Debtors | 40,011 | 22,108 | 29,353 | 39,346 | 11,012 | 14,138 | 8,803 | 5,159 | 6,373 |
| Group Debtors | |||||||||
| Misc Debtors | |||||||||
| Cash | 1,035 | ||||||||
| misc current assets | |||||||||
| total current assets | 40,011 | 22,108 | 29,353 | 39,346 | 11,012 | 14,138 | 8,803 | 5,159 | 7,408 |
| total assets | 40,011 | 22,108 | 29,353 | 39,346 | 11,012 | 14,138 | 8,803 | 5,159 | 7,408 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 15,957 | 6,381 | 7,795 | 3,393 | 1,536 | 7,976 | 8,670 | 4,954 | 7,236 |
| Group/Directors Accounts | |||||||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | |||||||||
| total current liabilities | 15,957 | 6,381 | 7,795 | 3,393 | 1,536 | 7,976 | 8,670 | 4,954 | 7,236 |
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | 20,601 | 12,809 | 17,047 | 23,000 | |||||
| provisions | |||||||||
| total long term liabilities | 20,601 | 12,809 | 17,047 | 23,000 | |||||
| total liabilities | 36,558 | 19,190 | 24,842 | 26,393 | 1,536 | 7,976 | 8,670 | 4,954 | 7,236 |
| net assets | 3,453 | 2,918 | 4,511 | 12,953 | 9,476 | 6,162 | 133 | 205 | 172 |
| total shareholders funds | 3,453 | 2,918 | 4,511 | 12,953 | 9,476 | 6,162 | 133 | 205 | 172 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | |||||||||
| Amortisation | |||||||||
| Tax | -1,536 | -608 | -171 | -1,318 | |||||
| Stock | |||||||||
| Debtors | 17,903 | -7,245 | -9,993 | 28,334 | -3,126 | 5,335 | 3,644 | -1,214 | 6,373 |
| Creditors | 9,576 | -1,414 | 4,402 | 1,857 | -6,440 | -694 | 3,716 | -2,282 | 7,236 |
| Accruals and Deferred Income | |||||||||
| Deferred Taxes & Provisions | |||||||||
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | |||||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | |||||||||
| Other Short Term Loans | |||||||||
| Long term loans | |||||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | 7,792 | -4,238 | -5,953 | 23,000 | |||||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | -133 | -2,650 | -650 | -5,100 | |||||
| cash and cash equivalents | |||||||||
| cash | -1,035 | 1,035 | |||||||
| overdraft | |||||||||
| change in cash | -1,035 | 1,035 |
mga global ltd Credit Report and Business Information
Mga Global Ltd Competitor Analysis
Perform a competitor analysis for mga global ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in RM10 area or any other competitors across 12 key performance metrics.
mga global ltd Ownership
MGA GLOBAL LTD group structure
Mga Global Ltd has no subsidiary companies.
Ultimate parent company
MGA GLOBAL LTD
09453196
mga global ltd directors
Mga Global Ltd currently has 1 director, Mrs Gheorghe Manea serving since Feb 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Gheorghe Manea | England | 43 years | Feb 2015 | - | Director |
P&L
February 2024turnover
192.3k
+35%
operating profit
713.3
0%
gross margin
9.6%
-3.48%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
3.5k
+0.18%
total assets
40k
+0.81%
cash
0
0%
net assets
Total assets minus all liabilities
mga global ltd company details
company number
09453196
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
February 2015
age
10
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
February 2024
previous names
olga global ltd (November 2023)
mga global ltd (November 2023)
accountant
-
auditor
-
address
32 charlotte road, dagenham, RM10 8TD
Bank
-
Legal Advisor
-
mga global 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 mga global ltd.
mga global ltd Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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mga global ltd Companies House Filings - See Documents
| date | description | view/download |
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