Firmoscan
Active09841241Private limited companyCardiff

MG INSULATION LTD

B66/100

Owned by Marta Paulina Colwell (75–100%)

Companies HouseCompanies House
01

Summary

Generated from filed data · no estimates

MG INSULATION LTD is an active private limited company (company number 09841241) incorporated on 26 October 2015, registered in Cardiff. Its registered activity is other retail sale not in stores, stalls or markets (SIC 47990). Latest micro accounts cover the period ending 31 October 2024, showing net assets of £127k, with 7 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 3% on the prior period (£123k).

Peer position · net assets

By net assets it sits in the top quarter of 319 comparable companies in Cardiff (median £206, upper quartile £16k).

02

Key dates

Incorporated
26 October 201510 yrs ago
Next accounts due
31 July 202683 days overdue
Confirmation statement due
9 November 2026in 18 days

Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.

03

Activity

SIC 47990
Other retail sale not in stores, stalls or markets
Accounts type
Micro Entity
Size band
MicroCompanies Act thresholds
04

Financials

2 periods on record · latest ending 31 October 2024
Net assets
£127k
+3%vs Oct 2023
Cash at bank
Not reported
Turnover
Not disclosed
Employees
7
+17%vs Oct 2023
Net assets
£127k
Average employees
7
Filed accounts by period, newest first
Period endNet assetsCashDebtorsCreditors <1yTurnoverProfitEmployees
31 October 2024£127k——£85k——7
31 October 2023£123k——£69k——6
Current ratio2.35Comfortable

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.

05

Firmoscan score

Rules-based · every point shows its evidence
66 / 100 · grade B
EDCBA
Score breakdown
50Starting scoreEvery scored company starts here
+10Positive net assetsNet assets £127,103 at 2024-10-31
+8Comfortable liquidityCurrent ratio 2.35
+8EstablishedIncorporated 2015-10-26 (11 years)
−10Accounts overdueDue 2026-07-31
66Score, grade B

A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice. How the score is computed.

06

Ownership and control

1 active
  • Mrs Marta Paulina Colwell
    Individual · since 1 September 2016
    • owns 75–100% of shares
    • holds 75–100% of voting rights

Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.

07

Timeline

Newest first
  1. Confirmation statement duein 18 days
  2. Next accounts due83 days overdue
  3. Accounts period endNet assets £127k · micro accounts
  4. Accounts period endNet assets £123k · micro accounts
  5. Incorporated
08

Similar companies in Cardiff

Same activity (other retail sale not in stores, stalls or markets), closest in incorporation date

All companies incorporated on 26 October 2015 · in Oct 2015.

09

Reminders for MG INSULATION LTD

Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.