MGM ADVANTAGE LIFE LIMITED

Company Information

Company Number
08395855
Registered Address
Canada Life Place, High Street, Potters Bar, England, EN6 5BA
Status
Active
Employee Count
0
Turnover
£919,000
EBITDA
-£6,320,000

Additional Details

Company Type
Private limited Company
Incorporated On
8 February 2013
Nature of Business
65110 - Life insurance
Industries
Financial Services
Region
East of England

Company Review

Trend Analysis

There is not enough data to determine a clear trend as only four periods are provided.

Volatility Analysis

The data for MGM ADVANTAGE LIFE LIMITED shows a high level of volatility as the company has not consistently reported data for each period and there are significant differences in the percentage of invoices paid within 30 days, between 31 and 60 days, and later than 60 days.

Summary Analysis

For the periods of 2018-01-01 to 2018-06-30, 2018-07-01 to 2018-12-31, and 2019-01-01 to 2019-06-30, MGM ADVANTAGE LIFE LIMITED did not report any data on the time taken to pay invoices to suppliers. For the period of 2019-07-01 to 2019-12-31, the company reported an average time to pay of N/A, meaning the data was not available. The "Invoices paid later than 60 days" was reported as N/A for all periods, indicating that the company did not have any invoices paid later than 60 days during these periods.

Performance Reports History

Reporting Period Filed: 2020-02-06
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2019 - 31 Dec 201906 Feb 2020
01 Jan 2019 - 30 Jun 201930 Sept 2019
01 Jul 2018 - 31 Dec 201820 Feb 2019
01 Jan 2018 - 30 Jun 201831 Jul 2018

Payment Time Trends

Payment Distribution Trends

Company Summary

MGM Advantage Life Limited is a UK-based company that provides life insurance and retirement solutions to individuals and businesses. The company was founded in 1852 and is headquartered in London, with a registered office address at 16 New Bridge Street, London, EC4V 6AG.

The company offers a range of products and services that help customers secure their financial future. These include annuities, investment bonds, and pensions, which are designed to provide a steady income during retirement. MGM Advantage also offers financial planning services to help customers make informed decisions about their finances.

Sustainability is an integral part of MGM Advantage's business model, and the company has implemented various initiatives to promote environmental and social responsibility. This includes reducing their carbon footprint, promoting diversity and inclusion within their workforce, and supporting local communities through charitable donations and volunteering efforts.

The key people at MGM Advantage include CEO David Gulland and Chairman Andrew Fisher, who bring extensive experience and expertise to the company. The company also has a team of dedicated financial advisors who work closely with customers to understand their needs and provide tailored solutions.

Customers can contact MGM Advantage through their website, www.mgmadvantage.com, or by calling their customer service team at 0345 606 0708. The company also has a strong online presence, with active social media accounts on platforms such as Facebook, Twitter, and LinkedIn.

In summary, MGM Advantage Life Limited is a leading provider of life insurance and retirement solutions in the UK, with a strong focus on sustainability and customer satisfaction. Their range of products and services, along with their experienced team, make them a reliable and trustworthy choice for customers looking to secure their financial future.

Financial Metrics

Cash
£6,822,000
Net Worth
£13,879,000
Total Current Assets
£15,366,000
Total Current Liabilities
£1,487,000

Company Location