MGM DESIGN LTD

Company number NI697644 · Active

MGM DESIGN LTD is a private limited company registered in NEWRY, United Kingdom, incorporated on 25 May 2023. Its registered activity is development of building projects. Its latest published accounts for the period ending 31 May 2026 show equity of £23k, total assets of £36k. It has filed 3 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

Accounts filed2.9×3–6 · 0.34 % became insolvent
Current ratio2.4×1.20204–2.65202 · 0.28 % became insolvent
Accounts type1.6×balance sheet only · 0.18 % became insolvent
Current liabilities ÷ assets1.5×0.186967–0.523499 · 0.18 % became insolvent
Industry1.4×41 · 0.17 % 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
Days since last period end0.6×< 246 · 0.06 % became insolvent
Late filings0.8×0–1 · 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
NI697644 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
25 May 2023 (3 years)
Registered address
BT35 8TL NEWRY
Postcode area
Northern Ireland
Activity
41100 Development of building projects
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 May 20268 Oct 2026– –£23k£36k £13k–1
31 May 202515 Oct 2025– –£12k£28k £15k–1
31 May 202415 Nov 2024– –£3,218£14k £11k–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 MGM DESIGN LTD

What is the company number of MGM DESIGN LTD?

MGM DESIGN LTD is registered under company number NI697644 in the official register of United Kingdom. View it at the official register.

Is MGM DESIGN LTD still active?

Yes. MGM DESIGN LTD is registered as active (status: Active).

Has MGM DESIGN LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for MGM DESIGN LTD in the official data.

How likely is MGM DESIGN LTD to become insolvent?

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

When was MGM DESIGN LTD founded?

MGM DESIGN LTD was incorporated on 25 May 2023.

Where is MGM DESIGN LTD registered?

MGM DESIGN LTD's registered address is in BT35 8TL NEWRY (Northern Ireland), United Kingdom.

What do the latest accounts of MGM DESIGN LTD show?

The latest published accounts (period ending 31 May 2026) show equity of £23k, total assets of £36k, 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.