MG IP LTD

Company number 11988577 · Active

MG IP LTD is a private limited company registered in HARROGATE, United Kingdom, incorporated on 10 May 2019. Its registered activity is leasing of intellectual property and similar products, except copyright works. Its latest published accounts for the period ending 31 May 2024 show equity of −£29k, total assets of £1,112. It has filed 5 sets of accounts. Our model estimates a 0.00 % probability that it becomes insolvent within 12 months, 0.0 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.00 %
Low risk
Lowest riskHighest risk

Higher than 0 % of active companies in the United Kingdom. 0.0× the average annual insolvency rate (0.12 %).

Raises the risk

Equity (signed log)4.0×< -4.26854 · 0.47 % became insolvent
Days since last period end3.2×≥ 642 · 0.37 % became insolvent
Accounts filed2.9×3–6 · 0.34 % became insolvent
Negative equity2.3×1 · 0.27 % became insolvent
Equity ratio2.2×< -0.882818 · 0.25 % became insolvent
Accounts overdue2.1×1 · 0.24 % became insolvent

Lowers the risk

Region0.1×HG · 0.01 % became insolvent
Total assets (log)0.3×2.87772–3.99473 · 0.04 % became insolvent
Current ratio0.7×< 0.0828928 · 0.08 % became insolvent
Late filings0.8×0–1 · 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
11988577 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
10 May 2019 (7 years)
Registered address
HG2 8PB HARROGATE
Postcode area
Harrogate
Activity
77400 Leasing of intellectual property and similar products, except copyright works
Industry
Rental and leasing activities
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 May 202415 Sep 2024– –−£29k£1,112 £29k–1
31 May 202315 Jul 2023– –−£19k£407 £18k–1
31 May 202215 Jul 2022– –−£17k£931 £16k–1
31 May 202115 Aug 2021– –−£3,382£1,079 £3,318–1
31 May 202015 Jan 2021– –−£778£122 £0–1

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

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Questions about MG IP LTD

What is the company number of MG IP LTD?

MG IP LTD is registered under company number 11988577 in the official register of United Kingdom. View it at the official register.

Is MG IP LTD still active?

Yes. MG IP LTD is registered as active (status: Active).

Has MG IP LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for MG IP LTD in the official data.

How likely is MG IP LTD to become insolvent?

Our model estimates a 0.00 % probability that MG IP LTD becomes insolvent within the next 12 months (low risk). That is higher than 0 % of active companies in the United Kingdom.

When was MG IP LTD founded?

MG IP LTD was incorporated on 10 May 2019.

Where is MG IP LTD registered?

MG IP LTD's registered address is in HG2 8PB HARROGATE (Harrogate), United Kingdom.

What do the latest accounts of MG IP LTD show?

The latest published accounts (period ending 31 May 2024) show equity of −£29k, total assets of £1,112, 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.