# MGS FINANCE LTD (SC728619)

> MGS FINANCE LTD is an active private limited company (company number SC728619) incorporated on 5 April 2022, registered in North Berwick. Its registered activity is financial intermediation not elsewhere classified (SIC 64999). Latest micro accounts cover the period ending 30 April 2025, showing net assets of £3,294, 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 fell 90% on the prior period (£33k).

- Status: Active
- Incorporated: 2022-04-05
- Registered office: North Berwick, EH39 4HH
- SIC 64999: Financial intermediation not elsewhere classified
- Next accounts due: 2027-01-30
- Confirmation statement due: 2027-04-19
- Accounts type: MICRO ENTITY

By net assets it sits in the lower half of 167 comparable companies in Edinburgh (median £9,943, upper quartile £77k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-04-30 | £3,294 | — | — | £20k | — | — | 1 |
| 2024-04-30 | £33k | — | — | £43k | — | — | 1 |

current ratio 1.29; size band micro.

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

- Net assets above zero: Net assets £3,294 at 30 April 2025
- Net assets down 25% or more on the prior period: -90.0% vs prior period
- Incorporated two to five years ago: Incorporated 5 April 2022

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

## Persons with significant control

- Mr Mark Gavin Sim — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2022-04-05

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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/SC728619
HTML: https://firmoscan.com/company/SC728619-mgs-finance-ltd