−£3,150
−235%vs Dec 2024Active13819021Private limited companyLeicester
TEAM MG LTD
Significant control: Muhammad Ghulam (75–100%)
From public filings as at 31 Aug 2026; may contain errors or be out of date.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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What does Team Mg Ltd sell?
Registered activity: Electrical installation (SIC 43210). We’re building product and service lists for UK companies. Get this one when it’s ready.
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01
Summary
TEAM MG LTD is an active private limited company (company number 13819021) incorporated on 28 December 2021, registered in Leicester. Its registered activity is electrical installation (SIC 43210). Latest micro accounts cover the period ending 31 December 2025, showing net assets of −£3,150, with 1 employee on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 235% on the prior period (£2,327).
Peer position · net assets
By net assets it sits in the bottom quarter of 569 comparable companies in Leicester (median £8,539, upper quartile £54k).
02
Ownership and control
- Mr Muhammad Ghulam
- owns 75–100% of shares
- holds 75–100% 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
- 28 December 20214 yrs ago
- Next accounts due
- 30 September 2027in 341 days
- Confirmation statement due
- 11 January 2027in 79 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 43210
- Electrical installation
- SIC 43220
- Plumbing, heat and air-conditioning installation
- Accounts type
- Micro Entity
- Size band
- MicroCompanies Act thresholds
05
Financials
Not reported
Not disclosed
1
No changevs Dec 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 December 2025 | −£3,150 | — | — | — | — | — | 1 |
| 31 December 2024 | £2,327 | — | — | — | — | — | 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.
06
Filing and accounts signals
- Net assets below zeroNet assets £-3,150 at 31 December 2025
- Net assets down 25% or more on the prior period-235.4% vs prior period
- Incorporated two to five years agoIncorporated 28 December 2021
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
- Next accounts duein 341 days
- Confirmation statement duein 79 days
- Accounts period endNet liabilities £3,150 · micro accounts
- Accounts period endNet assets £2,327 · micro accounts
- Incorporated
08
Similar companies in Leicester
- JMS ELECTRICAL PARTNERSHIP LTDLeicester · inc. Dec 2021
- SMART ELECTRICAL SERVICES LEICESTER LIMITEDLeicester · inc. Dec 2021
- BJP ELECTRICAL SERVICES LTDMelton Mowbray · inc. Jan 2022
- INVICTUS ELECTRICAL LTDLeicester · inc. Jan 2022
- ELEC LIMITEDLeicester · inc. Dec 2021
- L & E ELECTRICAL CONTRACTORS LTDLeicester · inc. Jan 2022
All companies incorporated on 28 December 2021 · in Dec 2021.
09
Reminders for TEAM MG LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.