# MGAS PRIVATE LTD (11078671)

> MGAS PRIVATE LTD is an active private limited company (company number 11078671) incorporated on 23 November 2017, registered in Manchester. Its registered activity is manufacture of other textiles n.e.c. (SIC 13990). Latest micro accounts cover the period ending 30 November 2025, showing net assets of £3,025, with 3 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 158% on the prior period (£1,173). Across the last 3 periods on record the net-asset trend is rising.

- Status: Active
- Incorporated: 2017-11-23
- Registered office: Manchester, M21 8HA
- SIC 13990: Manufacture of other textiles n.e.c.
- Next accounts due: 2027-08-30
- Confirmation statement due: 2026-12-07
- Accounts type: MICRO ENTITY

By net assets it sits in the lower half of 82 comparable companies in Manchester (median £11k, upper quartile £98k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-11-30 | £3,025 | — | — | £9,694 | — | — | 3 |
| 2024-11-30 | £1,173 | — | — | £8,404 | — | — | 3 |
| 2023-11-30 | £216 | — | — | £0 | — | — | 1 |

current ratio 3.5; net assets trend rising; size band micro.

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

- Net assets above zero: Net assets £3,025 at 30 November 2025
- Net assets up 10% or more on the prior period: +157.9% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 3.5
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 23 November 2017

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

## Persons with significant control

- Mrs Maria Sadaqat — owns 25–50% of shares; holds 25–50% of voting rights, since 2017-11-23
- Mr Asif Muhammad Gondal — owns 25–50% of shares; holds 25–50% of voting rights, since 2024-11-12

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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/11078671
HTML: https://firmoscan.com/company/11078671-mgas-private-ltd