# MG POWER SYSTEMS LTD (15626615)

> MG POWER SYSTEMS LTD is an active private limited company (company number 15626615) incorporated on 8 April 2024, registered in Middlesbrough. Its registered activity is repair of machinery (SIC 33120). Latest micro accounts cover the period ending 30 April 2025, showing net assets of −£7,143, with 1 employee on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public.

- Status: Active
- Incorporated: 2024-04-08
- Registered office: Middlesbrough, TS4 2GX
- SIC 33120: Repair of machinery
- SIC 33200: Installation of industrial machinery and equipment
- SIC 46140: Agents involved in the sale of machinery, industrial equipment, ships and aircraft
- SIC 77390: Renting and leasing of other machinery, equipment and tangible goods n.e.c.
- Next accounts due: 2027-01-30
- Confirmation statement due: 2027-04-22
- Accounts type: MICRO ENTITY

By net assets it sits in the bottom quarter of 54 comparable companies in Teesside (median £10k, upper quartile £99k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-04-30 | −£7,143 | — | — | £18k | — | — | 1 |

current ratio 0.61; size band micro.

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

- Net assets below zero: Net assets £-7,143 at 30 April 2025
- Current assets below creditors within one year: Current ratio 0.61
- Incorporated two to five years ago: Incorporated 8 April 2024

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

## Persons with significant control

- Francis Clarke — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2024-04-08

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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/15626615
HTML: https://firmoscan.com/company/15626615-mg-power-systems-ltd