# MG FINANCIAL SERVICES LTD (06123962)

> MG FINANCIAL SERVICES LTD is an active private limited company (company number 06123962) incorporated on 22 February 2007, registered in Harrow. Its registered activity is financial management (SIC 70221). Latest small accounts cover the period ending 31 December 2024, showing net assets of £4,868 and cash of £3,798, with 1 employee on average. Net assets rose 1% on the prior period (£4,810).

- Status: Active
- Incorporated: 2007-02-22
- Registered office: Harrow, HA1 1BH
- SIC 70221: Financial management
- Next accounts due: 2026-09-30
- Confirmation statement due: 2027-03-08
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the upper half of 1,174 comparable companies in Greater London (median £4,469, upper quartile £41k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2024-12-31 | £4,868 | £3,798 | — | £2,100 | — | — | 1 |
| 2023-12-31 | £4,810 | £3,740 | — | £2,100 | — | — | 1 |

current ratio 3.32; size band micro.

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

- Net assets above zero: Net assets £4,868 at 31 December 2024
- Current assets at least 1.5× creditors within one year: Current ratio 3.32
- Incorporated five or more years ago: Incorporated 22 February 2007
- Accounts past their due date: Due 30 September 2026

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

## Persons with significant control

- Mr Gavin Anthony Fernandes — can appoint or remove directors, since 2016-04-06
- Mg Group (Holdings) Ltd (corporate-entity) — owns 75–100% of shares; holds 75–100% of voting rights, 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/06123962
HTML: https://firmoscan.com/company/06123962-mg-financial-services-ltd