Mg Markey Group Limited

Mg Markey Group Limited, based in Gloucester, UK, is a holding company with a strong family business feel, boasting a 5.0-star Google rating from four reviews. Established 33 years ago in 1991, the company employs 23 people and holds assets valued at £6,182,822. While the registered address is at Q1 Quadrant Way, Hardwicke, it’s considered a virtual address as eleven companies share the same location. The group is overseen by five directors and owned by Markey Anthony Joseph and Markey Paul Francis. They are regular importers, with their top import category being Miscellaneous metal items, totaling 42 months of imports. The last import operation was conducted on January 01, 2025.

The company operates in the buying and selling of own real estate industries, offering a complete range of property development and investment services. Their website highlights a diverse portfolio, including construction, manufacturing (kitchens for both public and private sectors), healthcare (retirement living and care homes), and property development. They serve a broad client base, from national companies like Tesco and BP to schools, colleges, and private investors. The group also manufactures kitchens and provides construction services, even acting as a petrol station builder.

Financially, Mg Markey Group Limited shows some concerning trends. Creditors have increased significantly, jumping 18% to £1,700,000, while accrued liabilities have also risen to £1,700,000. Bank borrowings have decreased slightly, but the company’s cash reserves have plummeted 83%, resulting in a net loss of £1,700,000. Although trade debtors have increased by 890%, suggesting delayed customer payments, the decrease in cash reserves and increased liabilities paints a picture of a company burning through money. The company's assets are valued at £6,182,822, but the decrease in cash reserves and increase in liabilities suggest that the company is struggling to maintain a healthy financial position. The lack of an auditor mentioned suggests the company is exempt from an audit, relying on unaudited statements.

Registered in England/Wales under the registration number 02647234, with a registered address at GL2 2RN, Gloucester, Q1 Quadrant Way, Hardwicke.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.