MG & MM DEVELOPMENTS LTD

Company number SC638939 · Active · Thornton KY1 4BF

E
Firmoscan score 27/100

MG & MM DEVELOPMENTS LTD is an active private limited company (company number SC638939) incorporated on 15 August 2019, registered in Thornton. Its registered activity is buying and selling of own real estate (SIC 68100). Latest small accounts cover the period ending 31 August 2025, showing net assets of −£19k and cash of £3,095, with 2 employees on average. Net assets fell 26% on the prior period (−£15k).

By net assets it sits in the lower half of 18,162 comparable companies in Other (median £1, upper quartile £10k).

Key dates

Incorporated
15 August 2019
Next accounts due
31 May 2027 — in 223 days
Confirmation statement due
29 August 2027 — in 313 days

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

Activity

SIC 68100
Buying and selling of own real estate
SIC 68209
Other letting and operating of own or leased real estate
Accounts type
Total Exemption Full
Size band
Micro (Companies Act thresholds)

Financials — 2 periods on record, latest ending 31 August 2025

Net assets
Net assetsAug 2024: −£15k; Aug 2025: −£19k−£15k−£19kAug 2024Aug 2025
Cash at bank
Cash at bankAug 2024: £21k; Aug 2025: £3,095£21k£3,095Aug 2024Aug 2025
Average employees
Average employeesAug 2024: 2; Aug 2025: 222Aug 2024Aug 2025
Period endNet assetsCashDebtorsCreditors <1yTurnoverProfitEmployees
31 August 2025−£19k£3,095£0£27k——2
31 August 2024−£15k£21k£59£36k——2
Current ratio
0.11 — current liabilities exceed current assets
Cash per employee
£1,548

Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.

Firmoscan score: 27/100 (grade E)

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 Michael Green — owns 25–50% of shares · since 15 August 2019
  • Mr Michael Alexander Gorrod Martin — owns 25–50% of shares · since 15 August 2019

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 (buying and selling of own real estate), closest in incorporation date.

Reminders for MG & MM DEVELOPMENTS LTD

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