−£17k
vs Jul 2024ActiveNI601809Private limited companyGreysteel
GMG ELECTRICS LTD
E27/10001
Summary
GMG ELECTRICS LTD is an active private limited company (company number NI601809) incorporated on 13 January 2010, registered in Greysteel. Its registered activity is electrical installation (SIC 43210). Latest small accounts cover the period ending 31 July 2025, showing net assets of −£17k and cash of £3,779, with 2 employees on average. Net assets fell 123% on the prior period (−£7,554).
Peer position · net assets
By net assets it sits in the bottom quarter of 709 comparable companies in Belfast (median £19k, upper quartile £93k).
02
Key dates
- Incorporated
- 13 January 201016 yrs ago
- Next accounts due
- 30 April 2027in 190 days
- Confirmation statement due
- 27 January 2027in 97 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
03
Activity
- SIC 43210
- Electrical installation
- Accounts type
- Total Exemption Full
- Size band
- MicroCompanies Act thresholds
04
Financials
£3,779
−65%vs Jul 2024Not reported
2
No changevs Jul 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 July 2025 | −£17k | £3,779 | £0 | £64k | — | — | 2 |
| 31 July 2024 | −£7,554 | £11k | £2,073 | £58k | — | — | 2 |
Current ratio0.17Current liabilities exceed current assets
Cash per employee£1,890Cash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
05
Firmoscan score
27 / 100 · grade E
| 50 | Starting scoreEvery scored company starts here |
| −15 | Negative net assetsNet assets £-16,817 at 2025-07-31 |
| −8 | Net assets falling-122.6% vs prior period |
| −8 | Current liabilities exceed current assetsCurrent ratio 0.17 |
| +8 | EstablishedIncorporated 2010-01-13 (17 years) |
| 27 | Score, grade E |
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
- Mr Gabriel Mcguinness
- owns 25–50% of shares
- holds 25–50% of voting rights
- can appoint or remove directors
- Mrs Geraldine Mcguinness
- owns 25–50% of shares
- holds 25–50% 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
- Next accounts duein 190 days
- Confirmation statement duein 97 days
- Accounts period endNet liabilities £17k · small accounts
- Accounts period endNet liabilities £7,554 · small accounts
- Incorporated
08
Similar companies in Belfast
- PHIL-TEC IRELAND LIMITEDBelfast · inc. Jan 2010
- DUGAN ELECTRICAL SERVICES LIMITEDBelfast · inc. Feb 2010
- BTA ELECTRICS LTDBelfast · inc. Feb 2010
- KGB ALARMS LIMITEDBelfast · inc. Feb 2010
- M WINTERS ELECTRICAL LIMITEDOmagh · inc. Dec 2009
- ROL TESTING LIMITEDDungannon · inc. Feb 2010
All companies incorporated on 13 January 2010 · in Jan 2010.
09
Reminders for GMG ELECTRICS LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.