MGID DEVELOPMENT LIMITED

Company number 10654104 · Active (Active - Proposal to Strike off)

MGID DEVELOPMENT LIMITED is a private limited company registered in LONDON, United Kingdom, incorporated on 6 Mar 2017. Its registered activity is construction of domestic buildings. Its latest published accounts for the period ending 31 Mar 2025 show equity of £1,079, total assets of £12k. It has filed 5 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

Cash ÷ assets3.5×0.0300733–0.187053 · 0.40 % became insolvent
Accounts filed2.9×3–6 · 0.34 % became insolvent
Equity ratio2.4×0.00404851–0.289275 · 0.28 % became insolvent
Late filings1.8×1–2 · 0.21 % became insolvent
Days since last period end1.6×543–642 · 0.19 % became insolvent
Accounts type1.6×balance sheet only · 0.18 % became insolvent

Lowers the risk

Region0.4×SE · 0.05 % became insolvent
Filing delay of last accounts (days)0.5×< 76 · 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
10654104 · official register
Status
Active - Proposal to Strike off
Legal form
Private Limited Company
Incorporated
6 Mar 2017 (10 years)
Registered address
SE13 7AP LONDON
Postcode area
London South East
Activity
41202 Construction of domestic buildings
Industry
Construction of buildings
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Mar 202515 Apr 2025– –£1,079£12k £3,930£8151
31 Mar 202415 Dec 2024– –−£11k£2,078 £4,205£2,0781
31 Mar 202215 Feb 2023– –−£31k£0 –£1,4241
31 Mar 202115 Dec 2021– –−£31k£3,097 –£9,1781
31 Mar 202015 Dec 2020– –−£19k£6,194 –£4144

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

Similar companies in London South East

Questions about MGID DEVELOPMENT LIMITED

What is the company number of MGID DEVELOPMENT LIMITED?

MGID DEVELOPMENT LIMITED is registered under company number 10654104 in the official register of United Kingdom. View it at the official register.

Is MGID DEVELOPMENT LIMITED still active?

Yes. MGID DEVELOPMENT LIMITED is registered as active (status: Active - Proposal to Strike off).

Has MGID DEVELOPMENT LIMITED gone bankrupt or into insolvency?

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

How likely is MGID DEVELOPMENT LIMITED to become insolvent?

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

When was MGID DEVELOPMENT LIMITED founded?

MGID DEVELOPMENT LIMITED was incorporated on 6 Mar 2017.

Where is MGID DEVELOPMENT LIMITED registered?

MGID DEVELOPMENT LIMITED's registered address is in SE13 7AP LONDON (London South East), United Kingdom.

What do the latest accounts of MGID DEVELOPMENT LIMITED show?

The latest published accounts (period ending 31 Mar 2025) show equity of £1,079, total assets of £12k, 1 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.