# MGID BUILDERS LTD (13513419)

> MGID BUILDERS LTD is an active private limited company (company number 13513419) incorporated on 15 July 2021, registered in Walsall. Its registered activity is other construction installation (SIC 43290). Latest micro accounts cover the period ending 31 July 2025, showing net assets of £83k, 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 rose 25% on the prior period (£67k).

- Status: Active
- Incorporated: 2021-07-15
- Registered office: Walsall, WS3 1TF
- SIC 43290: Other construction installation
- SIC 43390: Other building completion and finishing
- Next accounts due: 2027-04-30
- Confirmation statement due: 2027-07-29
- Accounts type: MICRO ENTITY

By net assets it sits in the top quarter of 1,005 comparable companies in Birmingham (median £3,550, upper quartile £35k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-07-31 | £83k | — | — | £71k | — | — | 1 |
| 2024-07-31 | £67k | — | — | £46k | — | — | 1 |

current ratio 1.93; size band micro.

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

- Net assets above zero: Net assets £83,146 at 31 July 2025
- Net assets up 10% or more on the prior period: +24.8% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 1.93
- Incorporated five or more years ago: Incorporated 15 July 2021

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

## Persons with significant control

- Mr Mantas Aleknavicius — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2021-07-15

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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/13513419
HTML: https://firmoscan.com/company/13513419-mgid-builders-ltd