MGAC UK HOLDINGS LTD
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Cash
£1M
+345.7% highest in 3 filed years
Net assets
£1.2M
+18.6% highest in 3 filed years
Employees
—
Average over period
Profit before tax
£202K
+454.6% highest in 3 filed years
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £12,518,658 | £12,580,222 | £12,755,554 | +1.4% | |
| Operating profit | -£324,556 | -£3,202 | £240,173 | +7,600.7% | |
| Profit before tax | -£358,548 | -£56,912 | £201,817 | +454.6% | |
| Net profit | -£289,637 | £127,544 | £189,188 | +48.3% | |
| Cash | £359,265 | £235,195 | £1,048,242 | +345.7% | |
| Total assets less current liabilities | £180,617 | £4,122,500 | £3,906,667 | -5.2% | |
| Net assets | £180,617 | £1,018,213 | £1,207,401 | +18.6% | |
| Equity | £180,617 | £1,018,213 | £1,207,401 | +18.6% | |
| Average employees | 108 | 101 | — | — | |
| Wages | £7,772,453 | £7,258,485 | £7,001,074 | -3.5% | |
| Directors' remuneration | — | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | -2.6% | -0.0% | 1.9% | |
| Net margin | -2.3% | 1.0% | 1.5% | |
| Return on capital employed | -179.7% | -0.1% | 6.1% | |
| Current ratio | 0.97x | 1.84x | 1.66x | |
| Interest cover | -5.45x | -0.06x | 6.23x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Wbg (Audit) Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group and company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- MGAC UK HOLDINGS LTD · parent
- MGAC LLP 99.9%
- MGAC Montenegro DOO 100%
- Flint + Partners Limited 100%
Significant events
- “Following a significant restructuring undertaken during 2024, we achieved profitability and strong liquidity in 2025. This improvement was driven by a combination of a more efficient cost base and increased productivity and utilisation of our professional staff.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ANDERSON, Mark | Director | 2021-08-05 | Jul 1962 | American |
| O'CONNOR, Ashley Power | Director | 2021-10-19 | Jul 1968 | American |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ANDERSON, Cynthia | Secretary | 2021-08-05 | 2023-02-02 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ms Cynthia Anderson | Individual | Shares 75–100% | 2021-08-05 | Ceased 2023-12-01 |
| Mr Mark Anderson | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-08-05 | Active |
Filing timeline
Last 20 of 23 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-05 | AA | accounts | Accounts with accounts type group | |
| 2025-10-09 | CH01 | officers | Change person director company with change date | |
| 2025-08-20 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-08-20 | CH01 | officers | Change person director company with change date | |
| 2025-06-03 | AA | accounts | Accounts with accounts type group | |
| 2024-10-22 | CH01 | officers | Change person director company with change date | |
| 2024-10-22 | CH01 | officers | Change person director company with change date | |
| 2024-09-30 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-08-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-03 | AA | accounts | Accounts with accounts type group | |
| 2023-12-05 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2023-12-05 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-08-16 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-05-13 | AA | accounts | Accounts with accounts type group | |
| 2023-02-02 | TM02 | officers | Termination secretary company with name termination date | |
| 2022-08-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-10-21 | AP01 | officers | Appoint person director company with name date | |
| 2021-10-14 | AD01 | address | Change registered office address company with date old address new address | |
| 2021-08-06 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2021-08-06 | PSC01 | persons-with-significant-control | Notification of a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.