MGWAY LTDActive
Key figures
Like most small UK companies, MGWAY LTD does not publish a profit and loss account in its latest accounts. The figures below come from the balance sheet.
Ratios
2024/25Balance sheet structure
Dividends
from the accountsDividends paid in the financial year: £4,500 (58% of the profit for the year).
Filed accounts2020/21–2024/25
| 2020/21 | 2021/22 | 2022/23 | 2023/24 | 2024/25 | |
|---|---|---|---|---|---|
| Profit for the year | 7,727 | — | — | — | — |
| Cash at bank and in hand | 1,407 | — | — | 204 | 2,510 |
| Total assets | 9,392 | 10,867 | 10,526 | 9,847 | 17,196 |
| Total liabilities | 4,177 | 5,308 | 4,762 | — | — |
| Net assets / total equity | 6,201 | 5,559 | 5,764 | 2,691 | 5,375 |
| Average number of employees | 2 | 3 | 3 | 3 | 2 |
| Dividends paid | -4,500 | — | — | — | — |
A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.
Summary: MGWAY LTD
Company
MGWAY LTD is a private limited company registered with Companies House under company number 08860122. It was incorporated on 24 Jan 2014. Its status is active. The registered office is in Wigan (WN5). Its nature of business (SIC 2007) is freight transport by road (49410).
Accounts
The latest accounts in the database are for 2024/25 (period ending 31 Jan 2025); the company files small company accounts (filleted). Net assets were £5,375, up 99.7% on the previous year. Cash at bank and in hand was £2,510. The company had an average of 2 employees. Figures are available for 5 financial years (2020/21–2024/25).
Control and charges
One person with significant control is registered.
Filing deadlines
The next accounts are due by 31 Oct 2026. The next confirmation statement is due by 30 Jan 2027.