£16k
+32333%vs Jan 2025From public filings as at 31 Aug 2026; may contain errors or be out of date.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 Mg Worx 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
MG WORX LTD is an active private limited company (company number SC755777) incorporated on 18 January 2023, registered in Keith. Its registered activity is electrical installation (SIC 43210). Latest micro accounts cover the period ending 31 January 2026, showing net assets of £16k, 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 32333% on the prior period (£48). Across the last 3 periods on record the net-asset trend is volatile.
Peer position · net assets
By net assets it sits in the upper half of 196 comparable companies in Aberdeen (median £11k, upper quartile £58k).
02
Ownership and control
- Mr Matthew Gibson
- 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
- 18 January 20233 yrs ago
- Next accounts due
- 31 October 2027in 373 days
- Confirmation statement due
- 1 February 2027in 101 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
- Accounts type
- Micro Entity
- Size band
- MicroCompanies Act thresholds
05
Financials
Not reported
Not disclosed
1
No changevs Jan 2025| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 January 2026 | £16k | — | — | £24k | — | — | 1 |
| 31 January 2025 | £48 | — | — | £14k | — | — | 1 |
| 31 January 2024 | £4,086 | — | — | £8,702 | — | — | 1 |
Current ratio0.73Current assets ÷ creditors within one year
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 above zeroNet assets £15,568 at 31 January 2026
- Net assets up 10% or more on the prior period+32333.3% vs prior period
- Current assets below creditors within one yearCurrent ratio 0.73
- Three or more accounting periods on record3 periods on record
- Incorporated two to five years agoIncorporated 18 January 2023
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 373 days
- Confirmation statement duein 101 days
- Accounts period endNet assets £16k · micro accounts
- Accounts period endNet assets £48 · micro accounts
- Accounts period endNet assets £4,086 · micro accounts
- Incorporated
08
Similar companies in Aberdeen
- DKM90 UTILITIES LIMITEDAberdeen · inc. Jan 2023
- NORTH EAST SOLUTIONS LIMITEDFraserburgh · inc. Jan 2023
- MONTCOFFER ELECTRICAL LTDBuckie · inc. Feb 2023
- ZAK PLASTERER PAINTER & DECORATOR LTDAberdeen · inc. Feb 2023
- M DIAMOND ELECTRICAL LTDAberdeen · inc. Dec 2022
- O'HALLORAN ELECTRICAL LTDBallater · inc. Mar 2023
All companies incorporated on 18 January 2023 · in Jan 2023.
09
Reminders for MG WORX LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.