# MGM ACCOUNTANTS LTD (08066265)

> MGM ACCOUNTANTS LTD is an active private limited company (company number 08066265) incorporated on 11 May 2012, registered in Salford. Its registered activity is accounting and auditing activities (SIC 69201). Latest micro accounts cover the period ending 31 May 2025, showing net assets of −£14k, with 1 employee on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 7% on the prior period (−£15k).

- Status: Active
- Incorporated: 2012-05-11
- Registered office: Salford, M6 6NA
- SIC 69201: Accounting and auditing activities
- SIC 69202: Bookkeeping activities
- SIC 69203: Tax consultancy
- Next accounts due: 2027-02-28
- Confirmation statement due: 2027-05-25
- Accounts type: MICRO ENTITY

By net assets it sits in the bottom quarter of 1,753 comparable companies in Manchester (median £4,808, upper quartile £32k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-05-31 | −£14k | — | — | £248 | — | — | 1 |
| 2024-05-31 | −£15k | — | — | £9 | — | — | 1 |

current ratio 0.15; size band micro.

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

- Net assets below zero: Net assets £-14,234 at 31 May 2025
- Current assets below creditors within one year: Current ratio 0.15
- Incorporated five or more years ago: Incorporated 11 May 2012

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

## Persons with significant control

- Mrs Josephine Obiageli Ibeto — owns 75–100% of shares, 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/08066265
HTML: https://firmoscan.com/company/08066265-mgm-accountants-ltd