# MJAG PROPERTIES LTD (12643867)

> MJAG PROPERTIES LTD is an active private limited company (company number 12643867) incorporated on 3 June 2020, registered in Newcastle Upon Tyne. 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 2026, showing net assets of −£76k and cash of £3,412, with 1 employee on average. Net assets fell 60% on the prior period (−£47k). Across the last 3 periods on record the net-asset trend is falling.

- Status: Active
- Incorporated: 2020-06-03
- Registered office: Newcastle Upon Tyne, NE16 3AS
- SIC 68209: Other letting and operating of own or leased real estate
- Next accounts due: 2027-12-31
- Confirmation statement due: 2027-06-17
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the lower half of 3,228 comparable companies in Newcastle (median £1, upper quartile £18k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2026-03-31 | −£76k | £3,412 | £251 | £1,613 | — | — | 1 |
| 2025-06-30 | −£47k | £20k | £251 | £700 | — | — | 1 |
| 2024-06-30 | −£47k | £1,066 | — | £900 | — | — | 1 |

current ratio 2.27; net assets trend falling; size band micro.

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

- Net assets below zero: Net assets £-76,026 at 31 March 2026
- Net assets down 25% or more on the prior period: -60.1% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 2.27
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 3 June 2020

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

## Persons with significant control

- Mr Matthew George Sammons — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2020-06-03

---
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/12643867
HTML: https://firmoscan.com/company/12643867-mjag-properties-ltd