# MGN GROUP LTD (12712074)

> MGN GROUP LTD is an active private limited company (company number 12712074) incorporated on 1 July 2020, registered in Wrexham. Its registered activity is other retail sale in non-specialised stores (SIC 47190). Latest micro accounts cover the period ending 31 December 2025, showing net assets of −£16k, 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 fell 40% on the prior period (−£11k).

- Status: Active
- Incorporated: 2020-07-01
- Registered office: Wrexham, LL13 9XT
- SIC 47190: Other retail sale in non-specialised stores
- SIC 47910: Retail sale via mail order houses or via Internet
- Next accounts due: 2027-09-30
- Confirmation statement due: 2027-07-15
- Accounts type: MICRO ENTITY

By net assets it sits in the bottom quarter of 2,734 comparable companies in Other (median £1,732, upper quartile £33k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-12-31 | −£16k | — | — | £146k | — | — | 1 |
| 2024-12-31 | −£11k | — | — | £135k | — | — | 1 |

current ratio 0.6; size band micro.

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

- Net assets below zero: Net assets £-15,520 at 31 December 2025
- Net assets down 25% or more on the prior period: -40.4% vs prior period
- Current assets below creditors within one year: Current ratio 0.6
- Incorporated five or more years ago: Incorporated 1 July 2020

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

## Persons with significant control

- Mr Marian Lipnicky — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2020-07-01

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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/12712074
HTML: https://firmoscan.com/company/12712074-mgn-group-ltd