# MAG ELECTRICAL SOLUTIONS LTD (11297490)

> MAG ELECTRICAL SOLUTIONS LTD is an active private limited company (company number 11297490) incorporated on 7 April 2018, registered in Wallsend. Its registered activity is electrical installation (SIC 43210). Latest micro accounts cover the period ending 30 April 2025, showing net assets of −£15k, 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 6% on the prior period (−£16k).

- Status: Active
- Incorporated: 2018-04-07
- Registered office: Wallsend, NE28 8DX
- SIC 43210: Electrical installation
- Next accounts due: 2027-01-30
- Confirmation statement due: 2027-04-21
- Accounts type: MICRO ENTITY

By net assets it sits in the bottom quarter 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 |
|---|---|---|---|---|---|---|---|
| 2025-04-30 | −£15k | — | — | £19k | — | — | 1 |
| 2024-04-30 | −£16k | — | — | £22k | — | — | 1 |

current ratio 0.11; size band micro.

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

- Net assets below zero: Net assets £-15,135 at 30 April 2025
- Current assets below creditors within one year: Current ratio 0.11
- Incorporated five or more years ago: Incorporated 7 April 2018

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

## Persons with significant control

- Mr Mark Gray — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2018-04-07

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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/11297490
HTML: https://firmoscan.com/company/11297490-mag-electrical-solutions-ltd