# MGI ELECTRICAL LIMITED (05006642)

> MGI ELECTRICAL LIMITED is an active private limited company (company number 05006642) incorporated on 6 January 2004, registered in Ashford. Its registered activity is electrical installation (SIC 43210). Latest small accounts cover the period ending 31 January 2025, showing net assets of £158 and cash of £628, with 1 employee on average. Net assets fell 45% on the prior period (£285).

- Status: Active
- Incorporated: 2004-01-06
- Registered office: Ashford, TN27 0HX
- SIC 43210: Electrical installation
- Next accounts due: 2026-10-31
- Confirmation statement due: 2027-01-20
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the lower half of 1,363 comparable companies in Kent (median £5,747, upper quartile £38k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-01-31 | £158 | £628 | £871 | £1,341 | — | — | 1 |
| 2024-01-31 | £285 | £1,486 | £5,836 | £7,037 | — | — | 1 |

current ratio 1.12; size band micro.

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

- Net assets above zero: Net assets £158 at 31 January 2025
- Net assets down 25% or more on the prior period: -44.6% vs prior period
- Incorporated five or more years ago: Incorporated 6 January 2004

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

## Persons with significant control

- Mr Stephen Malangeri — owns 75–100% of shares; holds 75–100% of voting rights; holds 75–100% of voting rights, since 2017-01-01

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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/05006642
HTML: https://firmoscan.com/company/05006642-mgi-electrical-limited