# M&G DRYLINING 24/7 LTD (12829079)

> M&G DRYLINING 24/7 LTD is an active private limited company (company number 12829079) incorporated on 21 August 2020, registered in Reading. Its registered activity is other specialised construction activities n.e.c. (SIC 43999). Latest small accounts cover the period ending 31 August 2025, showing net assets of £86k and cash of £78k, with 1 employee on average. Net assets rose 71% on the prior period (£50k).

- Status: Active
- Incorporated: 2020-08-21
- Registered office: Reading, RG2 9HQ
- SIC 43999: Other specialised construction activities n.e.c.
- Next accounts due: 2027-05-31
- Confirmation statement due: 2027-09-04
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 597 comparable companies in Reading (median £5,966, upper quartile £53k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-08-31 | £86k | £78k | £9,343 | £19k | — | — | 1 |
| 2024-08-31 | £50k | £6,265 | £51k | £28k | — | — | 1 |

current ratio 4.55; size band micro.

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

- Net assets above zero: Net assets £86,123 at 31 August 2025
- Net assets up 10% or more on the prior period: +70.6% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 4.55
- Cash at bank of £50,000 or more: Cash £78,272
- Incorporated five or more years ago: Incorporated 21 August 2020

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

## Persons with significant control

- Mr Georgian Asandei — owns 50–75% of shares; holds 50–75% of voting rights; can appoint or remove directors, since 2020-08-21
- Mrs Georgiana-Alexandra Asandei — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2026-04-08

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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/12829079
HTML: https://firmoscan.com/company/12829079-m-g-drylining-24-7-ltd