MGB SYSTEMS LIMITED

Company number 08289116 · Active

MGB SYSTEMS LIMITED is a private limited company registered in STOCKTON-ON-TEES, United Kingdom, incorporated on 12 Nov 2012. Its registered activity is information technology consultancy activities. Its latest published accounts for the period ending 31 May 2025 show equity of £149k, total assets of £203k. It has filed 6 sets of accounts, 1 of them after the deadline. Our model estimates a 0.09 % probability that it becomes insolvent within 12 months, 0.8 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.09 %
Low risk
Lowest riskHighest risk

Higher than 93 % of active companies in the United Kingdom. 0.8× 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 (signed log)2.0×4.7115–5.52268 · 0.23 % became insolvent
Late filings1.8×1–2 · 0.21 % became insolvent
Accounts type1.6×balance sheet only · 0.18 % became insolvent
Region1.5×TS · 0.17 % became insolvent

Lowers the risk

Accounts filed0.3×≥ 6 · 0.04 % became insolvent
Current ratio0.6×≥ 7.06234 · 0.07 % became insolvent
Current liabilities ÷ assets0.7×0.010552–0.186967 · 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
08289116 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
12 Nov 2012 (14 years)
Registered address
TS17 5BT STOCKTON-ON-TEES
Postcode area
Cleveland
Activity
62020 Information technology consultancy activities
Industry
Computer programming and consultancy
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 May 202515 Feb 2026– –£149k£203k £25k–2
31 May 202415 Feb 2025– –£86k£131k £480–1
31 May 202315 Feb 2024– –£91k£141k £480–2
31 May 202215 Dec 2022– –£99k£226k £24k–2
31 May 202115 Feb 2022– –£118k£286k £37k–3
31 May 202015 Mar 2021– –£142k£298k £53k–3

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

Similar companies in Cleveland

Questions about MGB SYSTEMS LIMITED

What is the company number of MGB SYSTEMS LIMITED?

MGB SYSTEMS LIMITED is registered under company number 08289116 in the official register of United Kingdom. View it at the official register.

Is MGB SYSTEMS LIMITED still active?

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

Has MGB SYSTEMS LIMITED gone bankrupt or into insolvency?

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

How likely is MGB SYSTEMS LIMITED to become insolvent?

Our model estimates a 0.09 % probability that MGB SYSTEMS LIMITED becomes insolvent within the next 12 months (low risk). That is higher than 93 % of active companies in the United Kingdom.

When was MGB SYSTEMS LIMITED founded?

MGB SYSTEMS LIMITED was incorporated on 12 Nov 2012.

Where is MGB SYSTEMS LIMITED registered?

MGB SYSTEMS LIMITED's registered address is in TS17 5BT STOCKTON-ON-TEES (Cleveland), United Kingdom.

What do the latest accounts of MGB SYSTEMS LIMITED show?

The latest published accounts (period ending 31 May 2025) show equity of £149k, total assets of £203k, 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.