MG ELECTRICAL (DERBYSHIRE) LIMITED

Company number 07597721 · Active

MG ELECTRICAL (DERBYSHIRE) LIMITED is a private limited company registered in CHESTERFIELD, United Kingdom, incorporated on 8 Apr 2011. Its registered activity is repair of electrical equipment. Its latest published accounts for the period ending 31 Mar 2025 show equity of £121k, total assets of £160k. It has filed 6 sets of accounts, 1 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 82 % of active companies in the United Kingdom. 0.1× the average annual insolvency rate (0.12 %).

Raises the risk

Company age (years)3.3×12.986–22.502 · 0.38 % became insolvent
Total assets (log)2.4×4.74546–5.45007 · 0.28 % became insolvent
Equity change ÷ assets2.3×-0.123359–0 · 0.26 % became insolvent
Equity (signed log)2.0×4.7115–5.52268 · 0.23 % became insolvent
Industry1.9×33 · 0.22 % became insolvent
Late filings1.8×1–2 · 0.21 % became insolvent

Lowers the risk

Accounts filed0.3×≥ 6 · 0.04 % became insolvent
Equity ratio0.4×0.742974–1 · 0.05 % 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
07597721 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
8 Apr 2011 (16 years)
Registered address
S40 4XF CHESTERFIELD
Postcode area
Sheffield
Activity
33140 Repair of electrical equipment
Industry
Repair and installation of machinery
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Mar 202515 Dec 2025– –£121k£160k £38k–2
31 Mar 202415 Dec 2024– –£125k£163k £38k–1
31 Mar 202315 Dec 2023– –£159k£192k £32k–1
31 Mar 202215 Dec 2022– –£106k£123k £17k–2
31 Mar 202115 Dec 2021– –£129k£161k £32k–2
31 Mar 202015 Mar 2021– –£101k£115k £14k–2

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

Similar companies in Sheffield

Questions about MG ELECTRICAL (DERBYSHIRE) LIMITED

What is the company number of MG ELECTRICAL (DERBYSHIRE) LIMITED?

MG ELECTRICAL (DERBYSHIRE) LIMITED is registered under company number 07597721 in the official register of United Kingdom. View it at the official register.

Is MG ELECTRICAL (DERBYSHIRE) LIMITED still active?

Yes. MG ELECTRICAL (DERBYSHIRE) LIMITED is registered as active (status: Active).

Has MG ELECTRICAL (DERBYSHIRE) LIMITED gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for MG ELECTRICAL (DERBYSHIRE) LIMITED in the official data.

How likely is MG ELECTRICAL (DERBYSHIRE) LIMITED to become insolvent?

Our model estimates a 0.01 % probability that MG ELECTRICAL (DERBYSHIRE) LIMITED becomes insolvent within the next 12 months (low risk). That is higher than 82 % of active companies in the United Kingdom.

When was MG ELECTRICAL (DERBYSHIRE) LIMITED founded?

MG ELECTRICAL (DERBYSHIRE) LIMITED was incorporated on 8 Apr 2011.

Where is MG ELECTRICAL (DERBYSHIRE) LIMITED registered?

MG ELECTRICAL (DERBYSHIRE) LIMITED's registered address is in S40 4XF CHESTERFIELD (Sheffield), United Kingdom.

What do the latest accounts of MG ELECTRICAL (DERBYSHIRE) LIMITED show?

The latest published accounts (period ending 31 Mar 2025) show equity of £121k, total assets of £160k, 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.