# MGI LIMITED (12413384)

> MGI LIMITED is an active private limited company (company number 12413384) incorporated on 20 January 2020, registered in Loughton. Its registered activity is other construction installation (SIC 43290). Latest small accounts cover the period ending 31 March 2025, showing net assets of £81k and cash of £1,741, with 2 employees on average. Net assets fell 60% on the prior period (£202k).

- Status: Active
- Incorporated: 2020-01-20
- Registered office: Loughton, IG10 3TA
- SIC 43290: Other construction installation
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-02-03
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 2,318 comparable companies in Greater London (median £4,861, upper quartile £35k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £81k | £1,741 | — | £150k | — | — | 2 |
| 2024-03-31 | £202k | £3,889 | — | £139k | — | — | 1 |

current ratio 1.53; size band micro.

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

- Net assets above zero: Net assets £80,692 at 31 March 2025
- Net assets down 25% or more on the prior period: -60.0% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 1.53
- Incorporated five or more years ago: Incorporated 20 January 2020

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

## Persons with significant control

- Mr Wayne Mahoney — owns 25–50% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2020-01-20
- Miss Louise Macella Geach — owns 25–50% of shares, since 2020-01-21

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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/12413384
HTML: https://firmoscan.com/company/12413384-mgi-limited