MG STEELS LIMITED
Company number 02465924 · Active (Active - Proposal to Strike off)
MG STEELS LIMITED is a private limited company registered in HALESOWEN, United Kingdom, incorporated on 1 Feb 1990. Its registered activity is non-specialised wholesale trade. Its latest published accounts for the period ending 31 Mar 2026 show equity of −£360, total assets of £0. It has filed 7 sets of accounts. Our model estimates a 0.07 % probability that it becomes insolvent within 12 months, 0.6 times the average for active companies (low risk).
Insolvency risk, next 12 months
Higher than 91 % of active companies in the United Kingdom. 0.6× the average annual insolvency rate (0.12 %).
Raises the risk
Lowers the risk
Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.
Company details
- Company number
- 02465924 · official register
- Status
- Active - Proposal to Strike off
- Legal form
- Private Limited Company
- Incorporated
- 1 Feb 1990 (37 years)
- Registered address
- B63 2RE HALESOWEN
- Postcode area
- Birmingham
- Activity
- 46900 Non-specialised wholesale trade
- Industry
- Wholesale trade
- Accounts overdue
- No
Insolvency and register events
No insolvency or liquidation events on record.
Annual accounts GBP
| Period end | Published | Turnover | Result | Equity | Total assets | Current liabilities | Cash | Employees |
|---|---|---|---|---|---|---|---|---|
| 31 Mar 2026 | 9 Oct 2026 | – | – | −£360 | £0 | £0 | – | 2 |
| 31 Mar 2025 | 15 Dec 2025 | – | – | £26k | £33k | £6,315 | – | 2 |
| 31 Mar 2024 | 15 Dec 2024 | – | – | £87k | £216k | £128k | – | 2 |
| 31 Mar 2023 | 15 Dec 2023 | – | – | £128k | £307k | £180k | – | 3 |
| 31 Mar 2022 | 15 Nov 2022 | – | – | £126k | £326k | £200k | £90k | 2 |
| 31 Mar 2021 | 15 Nov 2021 | – | – | £115k | £303k | £188k | £93k | 2 |
| 31 Mar 2020 | 15 Nov 2020 | – | – | £122k | £225k | £102k | £59k | 2 |
As published. Small companies often file a balance sheet only, so turnover and result can be missing.
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Questions about MG STEELS LIMITED
What is the company number of MG STEELS LIMITED?
MG STEELS LIMITED is registered under company number 02465924 in the official register of United Kingdom. View it at the official register.
Is MG STEELS LIMITED still active?
Yes. MG STEELS LIMITED is registered as active (status: Active - Proposal to Strike off).
Has MG STEELS LIMITED gone bankrupt or into insolvency?
No insolvency, bankruptcy or administration is recorded for MG STEELS LIMITED in the official data.
How likely is MG STEELS LIMITED to become insolvent?
Our model estimates a 0.07 % probability that MG STEELS LIMITED becomes insolvent within the next 12 months (low risk). That is higher than 91 % of active companies in the United Kingdom.
When was MG STEELS LIMITED founded?
MG STEELS LIMITED was incorporated on 1 Feb 1990.
Where is MG STEELS LIMITED registered?
MG STEELS LIMITED's registered address is in B63 2RE HALESOWEN (Birmingham), United Kingdom.
What do the latest accounts of MG STEELS LIMITED show?
The latest published accounts (period ending 31 Mar 2026) show equity of −£360, total assets of £0, 2 employees.
Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 8 Nov 2026.