# MGE PROPERTIES LIMITED (12424978)

> MGE PROPERTIES LIMITED is an active private limited company (company number 12424978) incorporated on 27 January 2020, registered in Cardiff. Its registered activity is buying and selling of own real estate (SIC 68100). Latest small accounts cover the period ending 31 March 2025, showing net assets of £2,272 and cash of £1,970, with 1 employee on average. Net assets rose 56% on the prior period (£1,460).

- Status: Active
- Incorporated: 2020-01-27
- Registered office: Cardiff, CF23 8AB
- SIC 68100: Buying and selling of own real estate
- SIC 68209: Other letting and operating of own or leased real estate
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-02-10
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the upper half of 2,393 comparable companies in Cardiff (median £1, upper quartile £11k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £2,272 | £1,970 | £38 | £72k | — | — | 1 |
| 2024-03-31 | £1,460 | £4,744 | £38 | £76k | — | — | 1 |

current ratio 0.03; size band micro.

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

- Net assets above zero: Net assets £2,272 at 31 March 2025
- Net assets up 10% or more on the prior period: +55.6% vs prior period
- Current assets below creditors within one year: Current ratio 0.03
- Incorporated five or more years ago: Incorporated 27 January 2020

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

## Persons with significant control

- Mr Morgan Gregory Etheridge — owns 75–100% of shares; holds 75–100% of voting rights, since 2020-01-27

---
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/12424978
HTML: https://firmoscan.com/company/12424978-mge-properties-limited