MG POWER SYSTEMS LTD

Company number 15626615 · Active

MG POWER SYSTEMS LTD is a private limited company registered in MIDDLESBROUGH, United Kingdom, incorporated on 8 Apr 2024. Its registered activity is repair of machinery. Its latest published accounts for the period ending 30 Apr 2026 show equity of −£4,173, total assets of £26k. It has filed 2 sets of accounts, 1 of them after the deadline. 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 ratio2.8×-0.882818–0.00404851 · 0.33 % became insolvent
Negative equity2.3×1 · 0.27 % became insolvent
Share of filings late2.3×0.333333–0.666667 · 0.26 % became insolvent
Current liabilities ÷ assets2.2×0.961567–2.20344 · 0.26 % became insolvent
Current ratio2.0×0.0828928–0.565361 · 0.23 % became insolvent
Industry1.9×33 · 0.22 % became insolvent

Lowers the risk

Company age (years)0.0×1.728–6.256 · 0.00 % became insolvent
Employees0.4×0–1 · 0.05 % became insolvent
Accounts filed0.5×0–3 · 0.06 % became insolvent
Days since last period end0.6×< 246 · 0.06 % became insolvent
Equity (signed log)0.8×-4.26854–0.30103 · 0.09 % 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
15626615 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
8 Apr 2024 (3 years)
Registered address
TS4 2GX MIDDLESBROUGH
Postcode area
Cleveland
Activity
33120 Repair of machinery
Industry
Repair and installation of machinery
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
30 Apr 20264 Nov 2026– –−£4,173£26k £27k–0
30 Apr 202515 Mar 2026– –−£7,143£11k £18k–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 POWER SYSTEMS LTD

What is the company number of MG POWER SYSTEMS LTD?

MG POWER SYSTEMS LTD is registered under company number 15626615 in the official register of United Kingdom. View it at the official register.

Is MG POWER SYSTEMS LTD still active?

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

Has MG POWER SYSTEMS LTD gone bankrupt or into insolvency?

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

How likely is MG POWER SYSTEMS LTD to become insolvent?

Our model estimates a 0.00 % probability that MG POWER SYSTEMS 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 POWER SYSTEMS LTD founded?

MG POWER SYSTEMS LTD was incorporated on 8 Apr 2024.

Where is MG POWER SYSTEMS LTD registered?

MG POWER SYSTEMS LTD's registered address is in TS4 2GX MIDDLESBROUGH (Cleveland), United Kingdom.

What do the latest accounts of MG POWER SYSTEMS LTD show?

The latest published accounts (period ending 30 Apr 2026) show equity of −£4,173, total assets of £26k, 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.