MG HANDS LTD
Company number 11618690 · Active · London N1 7GU
MG HANDS LTD is an active private limited company (company number 11618690) incorporated on 11 October 2018, registered in London. Its registered activity is development of building projects (SIC 41100). Latest micro accounts cover the period ending 31 October 2025, showing net assets of £22k, 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 rose 3931% on the prior period (£539).
By net assets it sits in the upper half of 12,682 comparable companies in London (median £413, upper quartile £73k).
Key dates
- Incorporated
- 11 October 2018
- Next accounts due
- 31 July 2027 — in 282 days
- Confirmation statement due
- 25 October 2027 — in 368 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
Activity
- SIC 41100
- Development of building projects
- SIC 41201
- Construction of commercial buildings
- SIC 41202
- Construction of domestic buildings
- SIC 43290
- Other construction installation
- Accounts type
- Micro Entity
- Size band
- Micro (Companies Act thresholds)
Financials — 2 periods on record, latest ending 31 October 2025
| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 October 2025 | £22k | — | — | £31k | — | — | 2 |
| 31 October 2024 | £539 | — | — | £4,373 | — | — | 2 |
- Current ratio
- 1.7 — comfortable
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.
Firmoscan score: 84/100 (grade A)
- +10 Positive net assets — Net assets £21,728 at 2025-10-31
- +8 Net assets growing — +3931.2% vs prior period
- +8 Comfortable liquidity — Current ratio 1.7
- +8 Established — Incorporated 2018-10-11 (8 years)
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 Mantas Gudzius — owns 75–100% of shares · since 11 October 2018
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 London
Same activity (development of building projects), closest in incorporation date.
- THE EDITION GROUP LIMITED — London, inc. Oct 2018
- GRAFTON REAL ESTATE LIMITED — Finchley, inc. Oct 2018
- GIGALI LTD — London, inc. Oct 2018
- CHURCHWOOD DEVELOPMENT LIMITED — London, inc. Oct 2018
- DEVONSHIRE PLACE (THE AVENUE) LTD — London, inc. Oct 2018
- THE ALDGATE TOWER PARTNERSHIP LIMITED — London, inc. Oct 2018
All companies incorporated on 11 October 2018 · in Oct 2018.
Reminders for MG HANDS LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.