# MGN CONTRACTS LIMITED (04354103)

> MGN CONTRACTS LIMITED is an active private limited company (company number 04354103) incorporated on 16 January 2002, registered in Cramlington. Its registered activity is renting and leasing of construction and civil engineering machinery and equipment (SIC 77320). Latest micro accounts cover the period ending 31 March 2025, showing net assets of £630k, with 0 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 24% on the prior period (£506k).

- Status: Active
- Incorporated: 2002-01-16
- Registered office: Cramlington, NE23 3JN
- SIC 77320: Renting and leasing of construction and civil engineering machinery and equipment
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-01-30
- Accounts type: MICRO ENTITY

By net assets it sits in the top quarter of 59 comparable companies in Newcastle (median £9,945, upper quartile £209k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £630k | — | — | £40k | — | — | 0 |
| 2024-03-31 | £506k | — | — | £29k | — | — | 0 |

current ratio 9.39; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £629,573 at 31 March 2025
- Net assets up 10% or more on the prior period: +24.3% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 9.39
- Incorporated five or more years ago: Incorporated 16 January 2002

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- null (persons-with-significant-control-statement) — , since 2026-05-06

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/04354103
HTML: https://firmoscan.com/company/04354103-mgn-contracts-limited