How much does M G 111 Ltd make?

M G 111 Ltd reported revenue of £0 and £168k profit in the year to 31 May 2025, according to its accounts filed at Companies House.

How many employees does M G 111 Ltd have?

M G 111 Ltd reported an average of 0 employees in the year to 31 May 2025.

Is M G 111 Ltd profitable?

Yes — M G 111 Ltd reported a profit of £168k in the year to 31 May 2025.

Company No. 10491170 · Incorporated 22 Nov 2016

M G 111 Ltd

Registered name: M G 111 LTD

Part of Millennium Cash & Carry Limited group

M G 111 Ltd made £0 revenue and £168k profit in the year to 31 May 2025.

M G 111 Ltd’s revenue was £0 in the year to 31 May 2025, with £168k profit and 0 employees. The company is classified under “other business support service activities” and is based in Ilford; we hold 2 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.

Status: Active
Location: Ilford, London
Age: 9 yrs · since 2016
Type: Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 May 2025

Key figures

Small team

Revenue

£0

Growth —

Profit

£168k

Growth ▲3.5%

Profit margin

—

Employees

Change —

Profit / employee

—

Profitable streak

2yrs

Consecutive profitable years in our data

Unusual figures. Profit is higher than revenue in this filing. That usually means investment income, dividends from subsidiaries or one-off gains — or a mis-tagged figure. Check the original filing before drawing conclusions.

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 May 2024	31 May 2025
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£0	£0
Operating profit	−£3k	−£3.5k
Profit before tax	£216k	£225k
Profit after tax	£162k	£168k
Profit (best available)	£162k	£168k
Employees (average)	0	0
Ratios
Profit margin	—	—
Growth (year on year)
Profit growth	—	▲3.5%
Balance sheet — indirect signals, not revenue
Cash at bank	£28.7k	£702k
Net assets	£2.4m	£2.5m
Current assets	£8.2m	£8.4m
Debtors	£8.1m	£7.6m
Source	FullAccounts · bulk data Feb 2026	FullAccounts · bulk data Feb 2026

Derived from the latest filing

How the business works

Profit margin: —; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: ▲7%; Now £2.5m
Cash at bank: ▲2344%; Now £702k
Headcount: —; Now 0
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Millennium Cash & Carry Limitedultimate parent75–100%
M G 111 Ltdthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (1)

Verulam London LimitedRev. £1.2m · Profit £276k

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 May 2025 (profit £168k), from the Companies House accounts bulk data published Feb 2026. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.