MGB (CORNWALL) LIMITED

14668830
Active Redruth

Activities of other holding companies n.e.c.

430 employees website.com
Activities of other holding companies n.e.c.
M

MGB (CORNWALL) LIMITED

14668830

Activities of other holding companies n.e.c.

Founded 16 Feb 2023 Active Redruth, United Kingdom 430 employees website.com
Activities of other holding companies n.e.c.
Accounts Submitted 16 Oct 2025 Next due 31 Oct 2026 4 months remaining
Confirmation Submitted 20 Aug 2025 Next due 17 Aug 2026 1 month remaining
Net assets £18M £1M 2024 year on year
Total assets £53M £2M 2024 year on year
Total Liabilities £36M £1M 2024 year on year
Charges 7
4 outstanding 3 satisfied

Contact & Details

Contact

Registered Address

Venayr Goonearl Scorrier Redruth Cornwall TR16 5EB United Kingdom

Full company profile for MGB (CORNWALL) LIMITED (14668830), an active company based in Redruth, United Kingdom. Incorporated 16 Feb 2023. Activities of other holding companies n.e.c.. View financials, directors, shareholders, and filings.

Business Summary

This company specializes in providing innovative solutions and services across multiple sectors.

Products & Services

consulting software analytics integration

Reports

Credit Report

In-depth credit score, financial analysis, risk assessment and company intelligence.

Financials

Financials

Period 1 Feb → 31 Jan 2025
Type group
Next accounts 31 Jan 2026
Due by 31 Oct 2026 4 months remaining

Balance Sheet & P&L (2023–2024)

Cash in Bank

£2.65M

Decreased by £1.79M (-40%)

Net Assets

£17.59M

Increased by £1.37M (+8%)

Total Liabilities

£35.89M

Increased by £1.06M (+3%)

Turnover

£61.85M

Increased by £32.43M (+110%)

Employees

430

Increased by 10 (+2%)

Debt Ratio

67%

Decreased by 1 (-1%)

Financial History

Revenue, profit, EBITDA and key financial figures

2025
31 Jan Year End
2024
31 Jan Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Share Capital

Share Capital

Share allotments and capital structure

1 Allotment 3 Shares £3 Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
1 Aug 20233£3£1

Officers

Officers

1 active
Status
Mark Gordon BaileyDirectorBritishEngland5716 Feb 2023Active

Shareholders

Shareholders (1)

Mark Gordon Bailey
100.0%

Persons with Significant Control

Persons with Significant Control (1)

1 Active

Mark Gordon Bailey

British

Active
Notified 16 Feb 2023
Residence England
DOB December 1968
Nature of Control
  • Ownership Of Shares 75 To 100 Percent,voting Rights 75 To 100 Percent,right To Appoint And Remove Directors

Group Structure

Group Structure

MGB (CORNWALL) LIMITED Current Company

Charges

Charges

4 outstanding 3 satisfied

Properties

Properties

0 total

No related properties

Documents

Company Filings

DateCategoryDescriptionDocument
8 Jun 2026MortgageMortgage Satisfy Charge Full
8 Jun 2026MortgageMortgage Satisfy Charge Full
8 Jun 2026MortgageMortgage Satisfy Charge Full
11 May 2026MortgageMortgage Create With Deed With Charge Number Charge Creation Date
16 Oct 2025AccountsAnnual accounts made up to 31 Jan 2025
8 Jun 2026 Mortgage

Mortgage Satisfy Charge Full

8 Jun 2026 Mortgage

Mortgage Satisfy Charge Full

8 Jun 2026 Mortgage

Mortgage Satisfy Charge Full

11 May 2026 Mortgage

Mortgage Create With Deed With Charge Number Charge Creation Date

16 Oct 2025 Accounts

Annual accounts made up to 31 Jan 2025

Recent Activity

Latest Activity

Mortgage Satisfy Charge Full

2 weeks ago on 8 Jun 2026

Mortgage Satisfy Charge Full

2 weeks ago on 8 Jun 2026

Mortgage Satisfy Charge Full

2 weeks ago on 8 Jun 2026

Mortgage Create With Deed With Charge Number Charge Creation Date

1 months ago on 11 May 2026

Annual accounts made up to 31 Jan 2025

8 months ago on 16 Oct 2025