−£6,830
−299%vs Mar 2024Active07273017Private limited companySutton Coldfield
MGM IT SOLUTIONS LTD
Significant control: Samson Karnikoti (50–75%), Sandhya Pilli (25–50%)
From public filings as at 31 Aug 2026; may contain errors or be out of date.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: Business and domestic software development (SIC 62012). We’re building product and service lists for UK companies. Get this one when it’s ready.
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01
Summary
MGM IT SOLUTIONS LTD is an active private limited company (company number 07273017) incorporated on 3 June 2010, registered in Sutton Coldfield. Its registered activity is business and domestic software development (SIC 62012). Latest micro accounts cover the period ending 31 March 2025, showing net assets of −£6,830, with 2 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 299% on the prior period (£3,438).
Peer position · net assets
By net assets it sits in the bottom quarter of 1,282 comparable companies in Birmingham (median £585, upper quartile £26k).
02
Ownership and control
- Mr Samson Karnikoti
- owns 50–75% of shares
- holds 50–75% of voting rights
- can appoint or remove directors
- Mrs Sandhya Pilli
- owns 25–50% of shares
- holds 25–50% of voting rights
- can appoint or remove directors
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
- 3 June 201016 yrs ago
- Next accounts due
- 31 December 2026in 69 days
- Confirmation statement due
- 17 June 2027in 237 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 62012
- Business and domestic software development
- Accounts type
- Micro Entity
- Size band
- MicroCompanies Act thresholds
05
Financials
Not reported
Not disclosed
2
No changevs Mar 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 March 2025 | −£6,830 | — | — | £51k | — | — | 2 |
| 31 March 2024 | £3,438 | — | — | £65k | — | — | 2 |
Current ratio0.87Current assets ÷ creditors within one year
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing; micro-entity accounts contain no profit and loss account.
06
Filing and accounts signals
- Net assets below zeroNet assets £-6,830 at 31 March 2025
- Net assets down 25% or more on the prior period-298.7% vs prior period
- Current assets below creditors within one yearCurrent ratio 0.87
- Incorporated five or more years agoIncorporated 3 June 2010
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 237 days
- Next accounts duein 69 days
- Accounts period endNet liabilities £6,830 · micro accounts
- Accounts period endNet assets £3,438 · micro accounts
- Incorporated
08
Similar companies in Birmingham
- FIRST LIGHT SOFTWARE LIMITEDRedditch · inc. Jun 2010
- SANDS MEDIA ASSOCIATES LIMITEDLichfield · inc. Jun 2010
- SUPPORTIVE IT LIMITEDBirmingham · inc. May 2010
- WINE-FI LIMITEDBirmingham · inc. Jun 2010
- FLAMING RAIN LIMITEDSolihull · inc. Jun 2010
- INTRIGUE SOFTWARE LTDSutton Coldfield · inc. Jun 2010
All companies incorporated on 3 June 2010 · in Jun 2010.
09
Reminders for MGM IT SOLUTIONS LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.