MGK PROPERTY DEVELOPMENT LTD

Company number 15691654 · Active

MGK PROPERTY DEVELOPMENT LTD is a private limited company registered in ROCHDALE, United Kingdom, incorporated on 29 Apr 2024. Its registered activity is buying and selling of own real estate. Its latest published accounts for the period ending 31 Mar 2025 show equity of −£37k, total assets of £53k. It has filed 1 set 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 (signed log)4.0×< -4.26854 · 0.47 % became insolvent
Region3.7×OL · 0.43 % became insolvent
Share of filings late3.6×≥ 0.666667 · 0.42 % became insolvent
Equity ratio2.8×-0.882818–0.00404851 · 0.33 % became insolvent
Current ratio2.7×0.565361–1.20204 · 0.31 % became insolvent
Negative equity2.3×1 · 0.27 % became insolvent

Lowers the risk

Company age (years)0.0×1.728–6.256 · 0.00 % became insolvent
Industry0.3×68 · 0.04 % became insolvent
Employees0.4×0–1 · 0.05 % became insolvent
Accounts filed0.5×0–3 · 0.06 % 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
15691654 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
29 Apr 2024 (3 years)
Registered address
OL16 4RD ROCHDALE
Postcode area
Oldham
Activity
68100 Buying and selling of own real estate
Industry
Real estate activities
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Mar 202515 Jan 2026– –−£37k£53k £90k–0

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

Similar companies in Oldham

Questions about MGK PROPERTY DEVELOPMENT LTD

What is the company number of MGK PROPERTY DEVELOPMENT LTD?

MGK PROPERTY DEVELOPMENT LTD is registered under company number 15691654 in the official register of United Kingdom. View it at the official register.

Is MGK PROPERTY DEVELOPMENT LTD still active?

Yes. MGK PROPERTY DEVELOPMENT LTD is registered as active (status: Active).

Has MGK PROPERTY DEVELOPMENT LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for MGK PROPERTY DEVELOPMENT LTD in the official data.

How likely is MGK PROPERTY DEVELOPMENT LTD to become insolvent?

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

When was MGK PROPERTY DEVELOPMENT LTD founded?

MGK PROPERTY DEVELOPMENT LTD was incorporated on 29 Apr 2024.

Where is MGK PROPERTY DEVELOPMENT LTD registered?

MGK PROPERTY DEVELOPMENT LTD's registered address is in OL16 4RD ROCHDALE (Oldham), United Kingdom.

What do the latest accounts of MGK PROPERTY DEVELOPMENT LTD show?

The latest published accounts (period ending 31 Mar 2025) show equity of −£37k, total assets of £53k, 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 8 Nov 2026.