MGS Worldwide Ltd
Registered name: MGS WORLDWIDE LTD
MGS Worldwide Ltd made £0 revenue and a £402 loss in the year to 31 Oct 2025.
MGS Worldwide Ltd’s revenue fell 100% to £0 in the year to 31 Oct 2025, with a loss of £402 and 0 employees. The company is classified under “manufacture of sports goods” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 2 yrs · since 2023
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Oct 2024 | 31 Oct 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £72 | £0 |
| Cost of sales | £166 | £0 |
| Gross profit | −£94 | £0 |
| Operating profit | −£775 | −£402 |
| Profit before tax | −£775 | −£402 |
| Profit after tax | −£775 | −£402 |
| Profit (best available) | −£775 | −£402 |
| Employees (average) | 1 | 0 |
| Ratios | ||
| Profit margin | −1076% | — |
| Gross margin | −130.6% | — |
| Revenue per employee | £72 | — |
| Profit per employee | −£775 | — |
| Growth (year on year) | ||
| Revenue growth | — | ▼100% |
| Headcount growth | — | ▼100% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £0 | £289 |
| Net assets | −£774 | −£113 |
| Fixed assets | £187 | £187 |
| Current assets | £0 | £289 |
| Debtors | £0 | £0 |
| Deferred income | £0 | — |
| Source | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
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.
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
- —
- Now −£113
- Cash at bank
- —
- Now £289
- Headcount
- ▼100%
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- 0%
- Now £187
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- Profit
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- Staff
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- Profit
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- Profit
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- Liforme Ltd.London · Manufacture of sports goods
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- Eley Hawk LimitedSutton Coldfield · Manufacture of sports goods
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- Profit
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Sources
Latest figures from FullAccounts for the year to 31 Oct 2025 (profit −£402), from the Companies House accounts bulk data published Sep 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.