MGFI DEVELOPMENTS LIMITED
Company number SC336001 · Active · Crail KY10 3UL
MGFI DEVELOPMENTS LIMITED is an active private limited company (company number SC336001) incorporated on 10 January 2008, registered in Crail. Its registered activity is other accommodation (SIC 55900). Latest abridged accounts cover the period ending 31 December 2024, showing net assets of £1.29m and cash of £278k, with 3 employees on average. As abridged accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 4% on the prior period (£1.25m).
By net assets it sits in the top quarter of 1,709 comparable companies in Other (median £100, upper quartile £19k).
Key dates
- Incorporated
- 10 January 2008
- Next accounts due
- 30 September 2026 — 17 days overdue
- Confirmation statement due
- 24 January 2027 — in 99 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
Activity
- SIC 55900
- Other accommodation
- Accounts type
- Unaudited Abridged
- Size band
- Micro (Companies Act thresholds)
Financials — 2 periods on record, latest ending 31 December 2024
| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 December 2024 | £1.29m | £278k | £10k | £434k | — | — | 3 |
| 29 February 2024 | £1.25m | £264k | £10k | £464k | — | — | 3 |
- Current ratio
- 0.67 — current liabilities exceed current assets
- Cash per employee
- £93k
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
Firmoscan score: 54/100 (grade C)
- +10 Positive net assets — Net assets £1,292,157 at 2024-12-31
- -8 Current liabilities exceed current assets — Current ratio 0.67
- +4 Cash reserves — Cash £278,449
- +8 Established — Incorporated 2008-01-10 (19 years)
- -10 Accounts overdue — Due 2026-09-30
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 Gregor George Ireland — owns 25–50% of shares; holds 25–50% of voting rights · since 6 April 2016
- Mr Fraser Ireland — owns 25–50% of shares; holds 25–50% of voting rights · since 6 April 2016
- Mr Mark William Ireland — owns 25–50% of shares; holds 25–50% of voting rights · since 6 April 2016
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 the UK
Same activity (other accommodation), closest in incorporation date.
- JJO MORISTON LIMITED — Inverness, inc. Jan 2008
- ACF PROPERTIES LIMITED — Stirling, inc. Jan 2008
- ACQUEST PROPERTIES LIMITED — Telford, inc. Jan 2008
- BEAUFORT GLEN AFFRIC LIMITED — Beauly, inc. Dec 2007
- 14 PARKEND ROAD LIMITED — Gloucester, inc. Dec 2007
- HARLEY STREET THERAPY CENTRE LIMITED — Newcastle, inc. Feb 2008
Reminders for MGFI DEVELOPMENTS LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.