MPM DEVELOPMENT LTD

Company number 13751018 · Active · London EC2A 4NE

D
Firmoscan score 44/100
Companies House ↗

MPM DEVELOPMENT LTD is an active private limited company (company number 13751018) incorporated on 18 November 2021, registered in London. Its registered activity is construction of domestic buildings (SIC 41202). Latest micro accounts cover the period ending 30 November 2025, showing net assets of −£14k, with 0 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 (−£15k). Across the last 3 periods on record the net-asset trend is volatile.

By net assets it sits in the bottom quarter of 5,020 comparable companies in London (median £1,956, upper quartile £20k).

Key dates

Incorporated
18 November 2021
Next accounts due
30 August 2027 — in 312 days
Confirmation statement due
2 December 2026 — in 41 days

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

Activity

SIC 41202
Construction of domestic buildings
SIC 68100
Buying and selling of own real estate
Accounts type
Micro Entity
Size band
Micro (Companies Act thresholds)

Financials — 3 periods on record, latest ending 30 November 2025

Net assets
Net assetsNov 2023: −£12k; Nov 2024: −£15k; Nov 2025: −£14k−£12k−£15k−£14kNov 2023Nov 2024Nov 2025
Cash at bank
Cash at bankNov 2023: £2; Nov 2024: £11; Nov 2025: not reported£2£11n/aNov 2023Nov 2024Nov 2025
Average employees
Average employeesNov 2023: 1; Nov 2024: 1; Nov 2025: 0110Nov 2023Nov 2024Nov 2025
Period endNet assetsCashDebtorsCreditors <1yTurnoverProfitEmployees
30 November 2025−£14k—————0
30 November 2024−£15k£11£0———1
30 November 2023−£12k£2£1,820———1

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: 44/100 (grade D)

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 Gari Magalov — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors · since 18 November 2021
  • Mr Sebastian Lawrence Power — owns 25–50% of shares · since 18 November 2021 · ceased 9 November 2023
  • Mr Luka Maghalov — owns 25–50% of shares · since 18 November 2021 · ceased 9 November 2023

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 (construction of domestic buildings), closest in incorporation date.

All companies incorporated on 18 November 2021 · in Nov 2021.

Reminders for MPM DEVELOPMENT LTD

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