# MGP CONTRACTS LTD (NI715870)

> MGP CONTRACTS LTD is an active private limited company (company number NI715870) incorporated on 16 May 2024, registered in Loughgall. Its registered activity is construction of domestic buildings (SIC 41202). Latest micro accounts cover the period ending 31 March 2026, showing net assets of £38k, with 2 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 18% on the prior period (£33k).

- Status: Active
- Incorporated: 2024-05-16
- Registered office: Loughgall, BT61 8PP
- SIC 41202: Construction of domestic buildings
- Next accounts due: 2027-12-31
- Confirmation statement due: 2027-05-30
- Accounts type: MICRO ENTITY

By net assets it sits in the upper half of 1,193 comparable companies in Belfast (median £23k, upper quartile £169k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2026-03-31 | £38k | — | — | £26k | — | — | 2 |
| 2025-03-31 | £33k | — | — | £28k | — | — | 2 |

current ratio 2.27; size band micro.

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

- Net assets above zero: Net assets £38,219 at 31 March 2026
- Net assets up 10% or more on the prior period: +17.5% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 2.27
- Incorporated two to five years ago: Incorporated 16 May 2024

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

## Persons with significant control

- Mr Michael Gallagher — owns 25–50% of shares; holds 25–50% of voting rights, since 2024-05-16
- Mr Mel Mullen — owns 25–50% of shares; holds 25–50% of voting rights, since 2024-05-16

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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/NI715870
HTML: https://firmoscan.com/company/NI715870-mgp-contracts-ltd