MGI ENGINEERING LTD
Company number 04960248 · Active · Witney OX29 7EY
MGI ENGINEERING LTD is an active private limited company (company number 04960248) incorporated on 11 November 2003, registered in Witney. Its registered activity is other professional, scientific and technical activities n.e.c. (SIC 74909). Latest small accounts cover the period ending 31 December 2024, showing net assets of £794k and cash of £434k, with 21 employees on average. Net assets rose 60% on the prior period (£496k).
By net assets it sits in the top quarter of 644 comparable companies in Oxford (median £9,763, upper quartile £74k).
Key dates
- Incorporated
- 11 November 2003
- Next accounts due
- 30 September 2026 — 18 days overdue
- Confirmation statement due
- 25 November 2026 — in 38 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
Activity
- SIC 74909
- Other professional, scientific and technical activities n.e.c.
- Accounts type
- Total Exemption Full
- Size band
- Small (Companies Act thresholds)
Financials — 2 periods on record, latest ending 31 December 2024
| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 December 2024 | £794k | £434k | £500k | — | — | — | 21 |
| 31 December 2023 | £496k | £259k | £433k | — | — | — | 16 |
- Cash per employee
- £21k
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
Firmoscan score: 70/100 (grade B)
- +10 Positive net assets — Net assets £794,037 at 2024-12-31
- +8 Net assets growing — +60.0% vs prior period
- +4 Cash reserves — Cash £434,172
- +8 Established — Incorporated 2003-11-11 (23 years)
- -10 Accounts overdue — Due 2026-09-30
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice.
Ownership and control
- Mr Michael Robert Gascoyne — owns 50–75% of shares; holds 50–75% of voting rights · since 2 November 2021
- Mrs Silvia Schaumloeffel — owns 25–50% of shares; holds 25–50% of voting rights · since 2 November 2021
- Mr Michael Robert Gascoyne — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors · since 1 November 2016 · ceased 29 July 2019
- Vertical Aerospace Ltd (corporate entity, England And Wales) — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors · since 29 July 2019 · ceased 22 February 2021
- Vertical Aerospace Group Ltd (corporate entity, England And Wales) — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors · since 22 February 2021 · ceased 2 November 2021
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
Similar companies in Oxford
Same activity (other professional, scientific and technical activities n.e.c.), closest in incorporation date.
- CALM CONTROL SYSTEMS LIMITED — Oxfordshire, inc. Nov 2003
- GRAY PAGE MARINE SYSTEMS LIMITED — Oxford, inc. Nov 2003
- RMN REFRACTORIES LTD. — Chipping Norton, inc. Nov 2003
- DIVERSE THINKING LIMITED — Oxford, inc. Sept 2003
- MARRIOTT BROWN LIMITED — Chipping Norton, inc. Sept 2003
- BANS INTRUDER & FIRE SYSTEMS LIMITED — , inc. Jul 2003
Reminders for MGI ENGINEERING LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.