Mgmt Group Ltd

Mgmt Group Ltd is a small, holding company based in London, UK, with an active status. Founded fifteen years ago in 2009, the company employs ten people and holds £865,396 in assets. It operates from a virtual address, a detail flagged by the presence of 1048 other companies registered at the same location, and is managed by three directors and one owner. The company is a regular importer of machinery, boilers, and mechanical appliances, with 34 months of import activity recorded, the last in December 2024. It also exports furniture, lighting, and prefabricated buildings, albeit irregularly, with just one month of export activity as of August 2023.

The company’s primary focus is providing superyacht agency services in the UK and Ireland, as highlighted by its website, MGMT Superyacht Agency Services. The website details a range of services, including itinerary planning, berth booking, pilotage, customs clearance, and provision. It emphasizes a deep understanding of the needs of visiting yachts, drawing on over 30 years of experience from crew to yacht management. The site also features a blog with news and updates related to the UK’s coastal regions.

Financially, Mgmt Group Ltd shows a mixed picture. Current assets increased significantly by 80% to £870,000, while bank cash reserves jumped 74% to £250,000. However, net losses deepened, and creditors increased, suggesting the company is investing heavily in its operations. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the increase in debt raises questions about its long-term sustainability. The accounts are unaudited, and no auditor is mentioned, which is common for small companies. The company’s focus on the high-end superyacht market, however, suggests a potential for strong revenue generation, despite the current financial pressures.

Registered in England/Wales under the registration number 06907882, with a registered address at W1B 3HH, England, London, 3rd Floor Suite, 207 Regent Street.

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