MGM LTD

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +43%

  £10,603,853 → £15,160,580

• Cash

  +35.5%

  £751,248 → £1,017,765

• Net assets

  +27.4%

  £2,715,714 → £3,458,632

• Employees

  +10.3%

  68 → 75

• Operating profit

  +58.7%

  £590,106 → £936,224

• Profit before tax

  +58.6%

  £590,106 → £935,965

• Wages

  +29.5%

  £2,332,668 → £3,020,744

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. MGM LTD 1999-07-23 → present
2. M G M PRESERVATION LIMITED 1992-03-16 → 1999-07-23
3. CHANCEBASIS LIMITED 1992-01-28 → 1992-03-16

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Saffery LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The company's forecasts and projections, taking account of reasonably possible changes in trading performance, show that the company should have sufficient cash resources to meet its requirements for at least the next 12 months from the date of signing the financial statements. Accordingly, the adoption of the going concern basis in preparing the financial statements remains appropriate.”

Significant events

• “The company continued its principal activity of building and property preservation throughout the year.”
• “Significant uncertainty in the UK macro-economic environment due to the UK decision to exit membership of the European Union, exacerbated by COVID-19 pandemic and tragic events in Ukraine.”
• “Principal risk arising from this uncertainty relates to the company's supply chain, with products ultimately sourced from overseas. Issues with construction materials availability and price increases.”
• “UK interest rates remain elevated but are beginning to fall, which could impact on demand for the Company's services.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.