# M.A.G 2 CONSTRUCTION LTD (06750981)

> M.A.G 2 CONSTRUCTION LTD is an active private limited company (company number 06750981) incorporated on 17 November 2008, registered in Folkestone. Its registered activity is other construction installation (SIC 43290). Latest small accounts cover the period ending 31 December 2024, showing net assets of −£172k and cash of £2,553, with 1 employee on average. Net assets fell 9% on the prior period (−£157k).

- Status: Active
- Incorporated: 2008-11-17
- Registered office: Folkestone, CT20 3PF
- SIC 43290: Other construction installation
- Next accounts due: 2026-09-30
- Confirmation statement due: 2026-12-01
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 700 comparable companies in Kent (median £4,075, upper quartile £35k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2024-12-31 | −£172k | £2,553 | £2,081 | £191k | — | — | 1 |
| 2023-12-31 | −£157k | £5,413 | £2,929 | £183k | — | — | 1 |

current ratio 0.05; size band micro.

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

- Net assets below zero: Net assets £-171,534 at 31 December 2024
- Current assets below creditors within one year: Current ratio 0.05
- Incorporated five or more years ago: Incorporated 17 November 2008
- Accounts past their due date: Due 30 September 2026

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

## Persons with significant control

- Mr Graham Strudwick — has significant influence or control, since 2016-11-14

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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/06750981
HTML: https://firmoscan.com/company/06750981-m-a-g-2-construction-ltd