# MGPM PROPERTIES LTD (NI660914)

> MGPM PROPERTIES LTD is an active private limited company (company number NI660914) incorporated on 26 April 2019, registered in Magherafelt. Its registered activity is buying and selling of own real estate (SIC 68100). Latest micro accounts cover the period ending 31 March 2026, showing net assets of £203k, 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 124% on the prior period (£91k).

- Status: Active
- Incorporated: 2019-04-26
- Registered office: Magherafelt, BT45 5HQ
- SIC 68100: Buying and selling of own real estate
- SIC 68209: Other letting and operating of own or leased real estate
- Next accounts due: 2027-12-31
- Confirmation statement due: 2027-05-10
- Accounts type: MICRO ENTITY

By net assets it sits in the top quarter of 2,066 comparable companies in Belfast (median £13, upper quartile £65k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2026-03-31 | £203k | — | — | £1.56m | — | — | 1 |
| 2025-03-31 | £91k | — | — | £1.48m | — | — | 1 |

current ratio 0.08; size band micro.

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

- Net assets above zero: Net assets £203,319 at 31 March 2026
- Net assets up 10% or more on the prior period: +123.7% vs prior period
- Current assets below creditors within one year: Current ratio 0.08
- Incorporated five or more years ago: Incorporated 26 April 2019

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

## Persons with significant control

- Mrs Michelle Catherine Mcguinness — owns 25–50% of shares; holds 25–50% of voting rights, since 2019-04-26
- Mr Patrick Mcguinness — owns 25–50% of shares; holds 25–50% of voting rights, since 2019-04-26

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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/NI660914
HTML: https://firmoscan.com/company/NI660914-mgpm-properties-ltd