MG FORMULA LTD

Company number NI677066 · Active

MG FORMULA LTD is a private limited company registered in ARMAGH, United Kingdom, incorporated on 3 Mar 2021. Its registered activity is wholesale of perfume and cosmetics. Its latest published accounts for the period ending 31 Mar 2025 show equity of £100. It has filed 4 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

Accounts filed2.9×3–6 · 0.34 % became insolvent
Late filings1.8×1–2 · 0.21 % became insolvent
Industry1.7×46 · 0.19 % became insolvent
Days since last period end1.6×543–642 · 0.19 % became insolvent
Filing delay of last accounts (days)1.6×258–260 · 0.19 % became insolvent
Has filed accounts1.3×1 · 0.16 % became insolvent

Lowers the risk

Region0.0×BT · 0.00 % became insolvent
Company age (years)0.0×1.728–6.256 · 0.00 % became insolvent
Accounts type0.1×dormant · 0.01 % 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
NI677066 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
3 Mar 2021 (6 years)
Registered address
BT60 2HG ARMAGH
Postcode area
Northern Ireland
Activity
46450 Wholesale of perfume and cosmetics
Industry
Wholesale trade
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Mar 202515 Dec 2025– –£100– –£100–
31 Mar 202415 Dec 2024– –£100– –––
31 Mar 202315 Feb 2024– –£100– –––
31 Mar 202215 Nov 2022– –£1– –––

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

Similar companies in Northern Ireland

Questions about MG FORMULA LTD

What is the company number of MG FORMULA LTD?

MG FORMULA LTD is registered under company number NI677066 in the official register of United Kingdom. View it at the official register.

Is MG FORMULA LTD still active?

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

Has MG FORMULA LTD gone bankrupt or into insolvency?

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

How likely is MG FORMULA LTD to become insolvent?

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

MG FORMULA LTD was incorporated on 3 Mar 2021.

Where is MG FORMULA LTD registered?

MG FORMULA LTD's registered address is in BT60 2HG ARMAGH (Northern Ireland), United Kingdom.

What do the latest accounts of MG FORMULA LTD show?

The latest published accounts (period ending 31 Mar 2025) show equity of £100.

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.