MG TRADERS LTD
Company number SC688566 · Active · East Kilbride G74 3DU
MG TRADERS LTD is an active private limited company (company number SC688566) incorporated on 9 February 2021, registered in East Kilbride. Its registered activity is retail sale in non-specialised stores with food, beverages or tobacco predominating (SIC 47110). Latest micro accounts cover the period ending 28 February 2025, showing net assets of £3,041, 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 rose 21% on the prior period (£2,505).
By net assets it sits in the lower half of 794 comparable companies in Glasgow (median £12k, upper quartile £43k).
Key dates
- Incorporated
- 9 February 2021
- Next accounts due
- 28 November 2026 — in 38 days
- Confirmation statement due
- 23 February 2027 — in 125 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
Activity
- SIC 47110
- Retail sale in non-specialised stores with food, beverages or tobacco predominating
- Accounts type
- Micro Entity
- Size band
- Micro (Companies Act thresholds)
Financials — 2 periods on record, latest ending 28 February 2025
| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 28 February 2025 | £3,041 | — | — | £2,796 | — | — | 1 |
| 28 February 2024 | £2,505 | — | — | £811 | — | — | 1 |
- Current ratio
- 2.09 — comfortable
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: 84/100 (grade A)
- +10 Positive net assets — Net assets £3,041 at 2025-02-28
- +8 Net assets growing — +21.4% vs prior period
- +8 Comfortable liquidity — Current ratio 2.09
- +8 Established — Incorporated 2021-02-09 (6 years)
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 Amarjeet Singh Gulati — owns 75–100% of shares · since 1 June 2024
- Mr Gurmeet Singh Gulati — owns 75–100% of shares · since 9 February 2021 · ceased 1 June 2024
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 Glasgow
Same activity (retail sale in non-specialised stores with food, beverages or tobacco predominating), closest in incorporation date.
- MDS SINGH LTD — Airdrie, inc. Feb 2021
- SEEDHILL EXPRESS LTD — Paisley, inc. Feb 2021
- CONVENIENCE 365 LIMITED — Coatbridge, inc. Feb 2021
- GREAT RETAIL LTD — Hamilton, inc. Feb 2021
- M R GLASGOW LIMITED — Glasgow, inc. Feb 2021
- FORTEX GROCERS LTD — Glasgow, inc. Feb 2021
Reminders for MG TRADERS LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.