MGW SERVICES LIMITED

Company number 05286554 · Active

MGW SERVICES LIMITED is a private limited company registered in LLANRHYSTUD, United Kingdom, incorporated on 15 Nov 2004. Its registered activity is retail sale of carpets, rugs, wall and floor coverings in specialised stores. Its latest published accounts for the period ending 31 Mar 2025 show equity of £2,497, total assets of £494k. It has filed 6 sets of accounts, 2 of them after the deadline. Our model estimates a 0.01 % probability that it becomes insolvent within 12 months, 0.1 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.01 %
Low risk
Lowest riskHighest risk

Higher than 81 % of active companies in the United Kingdom. 0.1× the average annual insolvency rate (0.12 %).

Raises the risk

Cash ÷ assets4.9×< 0.00304687 · 0.57 % became insolvent
Filing delay of last accounts (days)3.7×≥ 321 · 0.43 % became insolvent
Company age (years)3.3×12.986–22.502 · 0.38 % became insolvent
Total assets (log)3.0×5.45007–6.05274 · 0.34 % became insolvent
Current liabilities ÷ assets2.9×0.523499–0.961567 · 0.33 % became insolvent
Current ratio2.7×0.565361–1.20204 · 0.31 % became insolvent

Lowers the risk

Region0.1×SY · 0.01 % became insolvent
Accounts filed0.3×≥ 6 · 0.04 % became insolvent
Employees0.4×0–1 · 0.05 % became insolvent
Equity (signed log)0.6×0.30103–3.52776 · 0.07 % became insolvent
Accounts overdue0.8×0 · 0.09 % became insolvent

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
05286554 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
15 Nov 2004 (22 years)
Registered address
SY23 5DG LLANRHYSTUD
Postcode area
Shrewsbury
Activity
47530 Retail sale of carpets, rugs, wall and floor coverings in specialised stores
Industry
Retail trade
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Mar 202515 Mar 2026– –£2,497£494k £394k£2000
31 Mar 202415 Mar 2025– –£67k£597k £359k£72k5
31 Mar 202315 Nov 2023– –£102k£525k £352k£2004
31 Mar 202215 Sep 2022– –£101k£544k £358k£2004
31 Mar 202115 Oct 2021– –£94k£321k £164k£2,4544
31 Mar 202015 Nov 2020– –£56k£299k £215k–4

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

Similar companies in Shrewsbury

Questions about MGW SERVICES LIMITED

What is the company number of MGW SERVICES LIMITED?

MGW SERVICES LIMITED is registered under company number 05286554 in the official register of United Kingdom. View it at the official register.

Is MGW SERVICES LIMITED still active?

Yes. MGW SERVICES LIMITED is registered as active (status: Active).

Has MGW SERVICES LIMITED gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for MGW SERVICES LIMITED in the official data.

How likely is MGW SERVICES LIMITED to become insolvent?

Our model estimates a 0.01 % probability that MGW SERVICES LIMITED becomes insolvent within the next 12 months (low risk). That is higher than 81 % of active companies in the United Kingdom.

When was MGW SERVICES LIMITED founded?

MGW SERVICES LIMITED was incorporated on 15 Nov 2004.

Where is MGW SERVICES LIMITED registered?

MGW SERVICES LIMITED's registered address is in SY23 5DG LLANRHYSTUD (Shrewsbury), United Kingdom.

What do the latest accounts of MGW SERVICES LIMITED show?

The latest published accounts (period ending 31 Mar 2025) show equity of £2,497, total assets of £494k, 0 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.