# MGL ELECTRICAL CONTRACTORS LIMITED (09319756)

> MGL ELECTRICAL CONTRACTORS LIMITED is an active private limited company (company number 09319756) incorporated on 20 November 2014, registered in Gateshead. Its registered activity is electrical installation (SIC 43210). Latest micro accounts cover the period ending 28 November 2025, showing net assets of £3,607, with 2 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 71% on the prior period (£13k). Across the last 3 periods on record the net-asset trend is falling.

- Status: Active
- Incorporated: 2014-11-20
- Registered office: Gateshead, NE8 4JR
- SIC 43210: Electrical installation
- Next accounts due: 2027-08-28
- Confirmation statement due: 2026-12-04
- Accounts type: MICRO ENTITY

By net assets it sits in the lower half of 700 comparable companies in Newcastle (median £6,181, upper quartile £39k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-11-28 | £3,607 | — | — | £23k | — | — | 2 |
| 2024-11-28 | £13k | — | — | £13k | — | — | 2 |
| 2023-11-28 | £20k | — | — | £57k | — | — | 2 |

current ratio 0.83; net assets trend falling; size band micro.

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

- Net assets above zero: Net assets £3,607 at 28 November 2025
- Net assets down 25% or more on the prior period: -71.3% vs prior period
- Current assets below creditors within one year: Current ratio 0.83
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 20 November 2014

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

## Persons with significant control

- Mr Graeme Stuart Kirsopp — owns 50–75% of shares; holds 50–75% of voting rights; can appoint or remove directors, since 2016-04-06
- Mrs Lynne Kirsopp — owns 25–50% of shares; holds 25–50% of voting rights, since 2024-08-29

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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/09319756
HTML: https://firmoscan.com/company/09319756-mgl-electrical-contractors-limited