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MG MOTOR UK LTD

Company TypePrivate Limited
Company Number05779958
Incorporated2006-04-12
IndustryManufacture of motor vehicles
Websitewww.mg.co.uk
Phone Number0121 251 3700
Net Profit MarginPost-Tax Profit / Revenue (%)

Not Verified

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Summary

MG MOTOR UK LTD was formed on the 12th April 2006 (filed on the 29th October 2015) , and are based in West Midlands, Lowhill Lane. They are currently rated O and are considered to represent a below average risk score. Their credit score was last updated on 28th October 2016 when it was changed to the current O from D. Companies house classifies them as Full Accounts. This information was last updated on the 11th November 2016.

In 2014, they made a post-tax profit of £-933,000 on a turnover of £25,902,000 (down 7% from 2013) .

There is 1 major shareholder listed for MG MOTOR UK LTD with Nanjing Automobile Corporation (Uk) Limited owning the most shares by value.

Addresses

Registered address

International Headquarters
Q Gate, Low Hill Lane
Longbridge
Birmingham
B31 2BQ

Trading address

Lowhill Lane
Birmingham
West Midlands
B31 2BQ

Financials

31st December 2014 31st December 2013 31st December 2012 31st December 2011 31st December 2010
Cash £4,808,000 £2,099,000 £2,279,000 £3,658,000 £9,018,000
Tangible net worth £7,631,000 £8,564,000 £-16,707,000 £-12,663,000 £-8,015,000
Current liabilities £15,344,000 £10,521,000 £7,072,000 £9,842,000 £3,674,000
Current assets £21,653,000 £16,490,000 £14,089,000 £20,365,000 £18,180,000
31st December 2014 31st December 2013 31st December 2012 31st December 2011 31st December 2010
Solvency ratios
Current ratio 1.41 1.57 1.99 2.07 4.95
Efficiency ratios
Return on assets -0.04 -0.05 -0.22 -0.19 -0.02
Return on capital employed -0.10 -0.11 -0.37 -0.31 -0.02
Gearing ratios
Debt to equity ratio 0.78 0.53 1.61 1.74 1.40
Equity ratio 0.88 1.08 1.20 0.87 0.98
Debt ratio - - - - -
Other ratios
Debtor days - - - - -
Interest cover - - - -132.80 -

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Details of 2 mortgages available.

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