# MGN IW LIMITED (12495317)

> MGN IW LIMITED is an active private limited company (company number 12495317) incorporated on 3 March 2020, registered in Newport. Its registered activity is other letting and operating of own or leased real estate (SIC 68209). Latest small accounts cover the period ending 31 March 2025, showing net assets of −£7,866 and cash of £34k, with 0 employees on average. Net assets rose 48% on the prior period (−£15k).

- Status: Active
- Incorporated: 2020-03-03
- Registered office: Newport, PO30 4DL
- SIC 68209: Other letting and operating of own or leased real estate
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-03-17
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the lower half of 2,183 comparable companies in Portsmouth (median −£949, upper quartile £9,663).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | −£7,866 | £34k | — | £152k | — | — | 0 |
| 2024-03-31 | −£15k | £18k | — | £144k | — | — | 0 |

current ratio 0.22; size band micro.

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

- Net assets below zero: Net assets £-7,866 at 31 March 2025
- Net assets up 10% or more on the prior period: +48.1% vs prior period
- Current assets below creditors within one year: Current ratio 0.22
- Incorporated five or more years ago: Incorporated 3 March 2020

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

## Persons with significant control

- Mr Daniel Roger Morgan — has significant influence or control, since 2020-03-09

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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/12495317
HTML: https://firmoscan.com/company/12495317-mgn-iw-limited