# MG GROUP (PROFESSIONAL SERVICES) LTD (06122679)

> MG GROUP (PROFESSIONAL SERVICES) LTD is an active private limited company (company number 06122679) incorporated on 21 February 2007, registered in Harrow. Its registered activity is accounting and auditing activities (SIC 69201). Latest small accounts cover the period ending 31 December 2024, showing net assets of £318k and cash of £223k, with 22 employees on average. Net assets fell 17% on the prior period (£381k).

- Status: Active
- Incorporated: 2007-02-21
- Registered office: Harrow, HA1 1BH
- SIC 69201: Accounting and auditing activities
- Next accounts due: 2026-09-30
- Confirmation statement due: 2027-03-07
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 4,355 comparable companies in Greater London (median £5,014, upper quartile £36k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2024-12-31 | £318k | £223k | — | £822k | — | — | 22 |
| 2023-12-31 | £381k | £203k | — | £708k | — | — | 23 |

current ratio 0.74; size band micro.

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

- Net assets above zero: Net assets £318,057 at 31 December 2024
- Current assets below creditors within one year: Current ratio 0.74
- Cash at bank of £50,000 or more: Cash £222,928
- Incorporated five or more years ago: Incorporated 21 February 2007
- Accounts past their due date: Due 30 September 2026

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

## Persons with significant control

- Mg Group (Holdings) Ltd (corporate-entity) — owns 75–100% of shares; holds 75–100% of voting rights, since 2016-04-06
- Mr Gavin Anthony Fernandes — can appoint or remove directors, since 2016-04-06

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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/06122679
HTML: https://firmoscan.com/company/06122679-mg-group-professional-services-ltd