MGN HIRE LTD

Company number 09883177 · Active

MGN HIRE LTD is a private limited company registered in MORDEN, United Kingdom, incorporated on 23 Nov 2015. Its registered activity is sale of used cars and light motor vehicles. Its latest published accounts for the period ending 30 Nov 2024 show equity of −£1,711. It has filed 6 sets of accounts, 3 of them after the deadline. Our model estimates a 0.26 % probability that it becomes insolvent within 12 months, 2.2 times the average for active companies (high risk).

Insolvency risk, next 12 months

0.26 %
High risk
Lowest riskHighest risk

Higher than 94 % of active companies in the United Kingdom. 2.2× the average annual insolvency rate (0.12 %).

Raises the risk

Filing delay of last accounts (days)3.7×≥ 321 · 0.43 % became insolvent
Days since last period end3.2×≥ 642 · 0.37 % became insolvent
Late filings2.5×≥ 2 · 0.29 % became insolvent
Negative equity2.3×1 · 0.27 % became insolvent
Share of filings late2.3×0.333333–0.666667 · 0.26 % became insolvent
Accounts overdue2.1×1 · 0.24 % became insolvent

Lowers the risk

Accounts filed0.3×≥ 6 · 0.04 % became insolvent
Employees0.4×0–1 · 0.05 % became insolvent
Equity (signed log)0.8×-4.26854–0.30103 · 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
09883177 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
23 Nov 2015 (11 years)
Registered address
SM4 6RW MORDEN
Postcode area
Sutton
Activity
45112 Sale of used cars and light motor vehicles
Industry
Wholesale and retail trade of motor vehicles
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
30 Nov 202415 Nov 2025– –−£1,711– –£1740
30 Nov 202315 Nov 2024– –£1,711£174 £1,885–0
30 Nov 202215 Aug 2023– –−£1,711– –£1741
30 Nov 202115 Aug 2022– –−£1,711– –£1741
30 Nov 202015 Aug 2021– –−£1,711– –£1741
30 Nov 201915 Nov 2020– –−£1,709– –£121

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

Similar companies in Sutton

Questions about MGN HIRE LTD

What is the company number of MGN HIRE LTD?

MGN HIRE LTD is registered under company number 09883177 in the official register of United Kingdom. View it at the official register.

Is MGN HIRE LTD still active?

Yes. MGN HIRE LTD is registered as active (status: Active).

Has MGN HIRE LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for MGN HIRE LTD in the official data.

How likely is MGN HIRE LTD to become insolvent?

Our model estimates a 0.26 % probability that MGN HIRE LTD becomes insolvent within the next 12 months (high risk). That is higher than 94 % of active companies in the United Kingdom.

When was MGN HIRE LTD founded?

MGN HIRE LTD was incorporated on 23 Nov 2015.

Where is MGN HIRE LTD registered?

MGN HIRE LTD's registered address is in SM4 6RW MORDEN (Sutton), United Kingdom.

What do the latest accounts of MGN HIRE LTD show?

The latest published accounts (period ending 30 Nov 2024) show equity of −£1,711, 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 9 Nov 2026.