MGWL LIMITED

Company number 07660217 · Active

MGWL LIMITED is a private limited company registered in RADLETT, United Kingdom, incorporated on 7 Jun 2011. Its registered activity is wholesale of wood, construction materials and sanitary equipment. Its latest published accounts for the period ending 30 Jun 2025 show equity of −£56k, total assets of £24k. It has filed 7 sets of accounts, 1 of them after the deadline. 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

0.07 %
Low risk
Lowest riskHighest risk

Higher than 92 % of active companies in the United Kingdom. 0.6× the average annual insolvency rate (0.12 %).

Raises the risk

Equity (signed log)4.0×< -4.26854 · 0.47 % became insolvent
Cash ÷ assets3.7×0.00304687–0.0300733 · 0.44 % became insolvent
Region3.5×WD · 0.41 % became insolvent
Company age (years)3.3×12.986–22.502 · 0.38 % became insolvent
Negative equity2.3×1 · 0.27 % became insolvent
Equity change ÷ assets2.3×-0.123359–0 · 0.26 % became insolvent

Lowers the risk

Accounts filed0.3×≥ 6 · 0.04 % became insolvent
Current ratio0.7×< 0.0828928 · 0.08 % 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
07660217 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
7 Jun 2011 (15 years)
Registered address
WD7 7HU RADLETT
Postcode area
Watford
Activity
46730 Wholesale of wood, construction materials and sanitary equipment
Industry
Wholesale trade
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
30 Jun 202515 Mar 2026– –−£56k£24k £80k£6322
30 Jun 202415 Mar 2025– –−£54k£25k £80k£1,0562
30 Jun 202315 Mar 2024– –−£51k£25k £77k£5982
30 Jun 202215 Mar 2023– –−£49k£26k £75k£7972
30 Jun 202115 Mar 2022– –−£40k£32k £72k£4,0012
30 Jun 202015 Jun 2021– –−£33k£68k £101k£6,4943
30 Jun 201915 Mar 2020– –£45£122k £122k£8,5415

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

Similar companies in Watford

Questions about MGWL LIMITED

What is the company number of MGWL LIMITED?

MGWL LIMITED is registered under company number 07660217 in the official register of United Kingdom. View it at the official register.

Is MGWL LIMITED still active?

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

Has MGWL LIMITED gone bankrupt or into insolvency?

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

How likely is MGWL LIMITED to become insolvent?

Our model estimates a 0.07 % probability that MGWL LIMITED becomes insolvent within the next 12 months (low risk). That is higher than 92 % of active companies in the United Kingdom.

When was MGWL LIMITED founded?

MGWL LIMITED was incorporated on 7 Jun 2011.

Where is MGWL LIMITED registered?

MGWL LIMITED's registered address is in WD7 7HU RADLETT (Watford), United Kingdom.

What do the latest accounts of MGWL LIMITED show?

The latest published accounts (period ending 30 Jun 2025) show equity of −£56k, total assets of £24k, 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.