−£28k
−21809%vs Jun 2024Active05132308Private limited companyCounty Durham
M G ELECTRICS (UK) LTD
Significant control: Gillian Willis (25–50%), Martyn Willis (50–75%)
From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms
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Registered activity: Trade of electricity (SIC 35140). We’re building product and service lists for UK companies. Get this one when it’s ready.
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01
Summary
M G ELECTRICS (UK) LTD is an active private limited company (company number 05132308) incorporated on 19 May 2004, registered in County Durham. Its registered activity is trade of electricity (SIC 35140). Latest small accounts cover the period ending 30 June 2025, showing net assets of −£28k and cash of £908, with 0 employees on average. Net assets fell 21809% on the prior period (£128).
Peer position · net assets
By net assets it sits in the bottom quarter of 217 comparable companies in Other (median £6,046, upper quartile £32k).
02
Ownership and control
- Mrs Gillian Willis
- owns 25–50% of shares
- holds 25–50% of voting rights
- Mr Martyn Willis
- owns 50–75% of shares
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents. Directors and secretaries: see the officers list at Companies House.
03
Key dates
- Incorporated
- 19 May 200422 yrs ago
- Next accounts due
- 30 March 2027in 153 days
- Confirmation statement due
- 2 June 2027in 217 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 35140
- Trade of electricity
- Accounts type
- Total Exemption Full
- Size band
- MicroCompanies Act thresholds
05
Financials
£908
+107%vs Jun 2024Not reported
0
−100%vs Jun 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 30 June 2025 | −£28k | £908 | £19k | £60k | — | — | 0 |
| 30 June 2024 | £128 | £438 | £99k | £94k | — | — | 5 |
Current ratio0.7Current assets ÷ creditors within one year
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
06
Filing and accounts signals
- Net assets below zeroNet assets £-27,788 at 30 June 2025
- Net assets down 25% or more on the prior period-21809.4% vs prior period
- Current assets below creditors within one yearCurrent ratio 0.7
- Incorporated five or more years agoIncorporated 19 May 2004
Neutral facts read from the register and filed accounts, each with its evidence. They are not a rating, a prediction or advice, and may be incomplete or out of date. How each signal is derived.
07
Timeline
- Confirmation statement duein 217 days
- Next accounts duein 153 days
- Accounts period endNet liabilities £28k · small accounts
- Accounts period endNet assets £128 · small accounts
- Incorporated
08
Similar companies in the UK
- WEAVER ELECTRICAL LIMITEDTarporley · inc. Jun 2004
- OPUS ENERGY (CORPORATE) LIMITEDNorth Yorkshire · inc. Aug 2004
- FIRELEC (BOURNEMOUTH) LTDFerndown · inc. Dec 2004
- GUARDIAN ENERGY HOLDINGS LIMITEDIpswich · inc. Jul 2003
- GUARDIAN ENERGY LIMITEDNeedham Market · inc. Jul 2003
- PROBYN ELECTRICAL LTD.Ferndown · inc. Jun 2003
All companies incorporated on 19 May 2004 · in May 2004.
09
Reminders for M G ELECTRICS (UK) LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.