mg cleaning ltd
mg cleaning ltd Company Information
Company Number
10518692
Next Accounts
Dec 2024
Industry
Other business support service activities n.e.c.
Directors
Shareholders
mantas grigutis
Group Structure
View All
Contact
Registered Address
31 oake woods, gillingham, SP8 4QS
Website
www.mgcleaningco.co.ukmg cleaning ltd Estimated Valuation
Pomanda estimates the enterprise value of MG CLEANING LTD at £0 based on a Turnover of £0 and 0.53x industry multiple (adjusted for size and gross margin).
mg cleaning ltd Estimated Valuation
Pomanda estimates the enterprise value of MG CLEANING LTD at £41.2k based on an EBITDA of £10.6k and a 3.89x industry multiple (adjusted for size and gross margin).
mg cleaning ltd Estimated Valuation
Pomanda estimates the enterprise value of MG CLEANING LTD at £12.4k based on Net Assets of £5.3k and 2.35x industry multiple (adjusted for liquidity).
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Mg Cleaning Ltd Overview
Mg Cleaning Ltd is a live company located in gillingham, SP8 4QS with a Companies House number of 10518692. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in December 2016, it's largest shareholder is mantas grigutis with a 100% stake. Mg Cleaning Ltd is a young, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
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Mg Cleaning Ltd Health Check
There is insufficient data available to calculate a health check for Mg Cleaning Ltd. Company Health Check FAQs
0 Strong
0 Regular
2 Weak
Size
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Employees
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
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Debtor Days
There is insufficient data available for this Key Performance Indicator!
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Creditor Days
There is insufficient data available for this Key Performance Indicator!
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Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mg Cleaning Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (28 weeks)
- - Mg Cleaning Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 86.5%, this is a higher level of debt than the average (60.3%)
- - Mg Cleaning Ltd
- - Industry AVG
MG CLEANING LTD financials
Mg Cleaning Ltd's latest turnover from March 2023 is estimated at 0 and the company has net assets of £5.3 thousand. According to their latest financial statements, we estimate that Mg Cleaning Ltd has no employees and maintains cash reserves of £802 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Turnover | |||||||
| Other Income Or Grants | |||||||
| Cost Of Sales | |||||||
| Gross Profit | |||||||
| Admin Expenses | |||||||
| Operating Profit | |||||||
| Interest Payable | |||||||
| Interest Receivable | |||||||
| Pre-Tax Profit | |||||||
| Tax | |||||||
| Profit After Tax | |||||||
| Dividends Paid | |||||||
| Retained Profit | |||||||
| Employee Costs | |||||||
| Number Of Employees | 1 | 1 | 1 | 1 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 8,001 | 13,202 | 6,001 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 348 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 8,001 | 13,550 | 6,001 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 7,153 | 1,720 | 2,009 | 1,381 | 980 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 6,762 | 1,723 | 8,187 | 0 | 0 | 0 | 0 |
| Cash | 802 | 916 | 3,162 | 0 | 0 | 0 | 0 |
| misc current assets | 23,508 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 31,072 | 2,639 | 18,502 | 1,720 | 2,009 | 1,381 | 980 |
| total assets | 39,073 | 16,189 | 24,503 | 1,720 | 2,009 | 1,381 | 980 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 673 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 613 | 1,345 | 1,345 | 729 | 0 |
| Group/Directors Accounts | 0 | 1,097 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 19,029 | 1,690 | 4,439 | 0 | 0 | 0 | 0 |
| total current liabilities | 19,029 | 2,787 | 5,052 | 1,345 | 1,345 | 729 | 673 |
| loans | 14,776 | 15,475 | 18,999 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 14,776 | 15,475 | 18,999 | 0 | 0 | 0 | 0 |
| total liabilities | 33,805 | 18,262 | 24,051 | 1,345 | 1,345 | 729 | 673 |
| net assets | 5,268 | -2,073 | 452 | 375 | 664 | 652 | 307 |
| total shareholders funds | 5,268 | -2,073 | 452 | 375 | 664 | 652 | 307 |
| Mar 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 0 | 800 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 4,691 | -13,269 | 13,620 | -289 | 628 | 401 | 980 |
| Creditors | 0 | -613 | -732 | 0 | 616 | 729 | 0 |
| Accruals and Deferred Income | 17,339 | -2,749 | 4,439 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -1,097 | 1,097 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -699 | -3,524 | 18,999 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | -114 | -2,246 | 3,162 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | -673 | 673 |
| change in cash | -114 | -2,246 | 3,162 | 0 | 0 | 673 | -673 |
mg cleaning ltd Credit Report and Business Information
Mg Cleaning Ltd Competitor Analysis
Perform a competitor analysis for mg cleaning ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other young companies, companies in SP8 area or any other competitors across 12 key performance metrics.
mg cleaning ltd Ownership
MG CLEANING LTD group structure
Mg Cleaning Ltd has no subsidiary companies.
Ultimate parent company
MG CLEANING LTD
10518692
mg cleaning ltd directors
Mg Cleaning Ltd currently has 1 director, Mr Mantas Grigutis serving since Dec 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mantas Grigutis | England | 36 years | Dec 2016 | - | Director |
P&L
March 2023turnover
0
0%
operating profit
10.6k
0%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
5.3k
-3.54%
total assets
39.1k
+1.41%
cash
802
-0.12%
net assets
Total assets minus all liabilities
mg cleaning ltd company details
company number
10518692
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
December 2016
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
mg commercial cleaning ltd (March 2017)
accountant
-
auditor
-
address
31 oake woods, gillingham, SP8 4QS
Bank
-
Legal Advisor
-
mg cleaning 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 mg cleaning ltd.
mg cleaning 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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mg cleaning ltd Companies House Filings - See Documents
| date | description | view/download |
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