MGS WELLSERVICES LIMITED

Company number SC403203 · Active (Active - Proposal to Strike off)

MGS WELLSERVICES LIMITED is a private limited company registered in BANCHORY, United Kingdom, incorporated on 8 Jul 2011. Its registered activity is extraction of crude petroleum. Its latest published accounts for the period ending 31 Mar 2026 show equity of £6,000, total assets of £6,000. It has filed 6 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

Company age (years)3.3×12.986–22.502 · 0.38 % became insolvent
Equity change ÷ assets1.6×< -0.688951 · 0.19 % became insolvent
Accounts type1.6×balance sheet only · 0.18 % became insolvent
Has filed accounts1.3×1 · 0.16 % became insolvent
Negative equity1.2×0 · 0.14 % became insolvent

Lowers the risk

Region0.0×AB · 0.00 % became insolvent
Current liabilities ÷ assets0.3×< 0.010552 · 0.03 % became insolvent
Accounts filed0.3×≥ 6 · 0.04 % became insolvent
Total assets (log)0.3×2.87772–3.99473 · 0.04 % became insolvent
Equity ratio0.5×≥ 1 · 0.06 % became insolvent
Days since last period end0.6×< 246 · 0.06 % 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
SC403203 · official register
Status
Active - Proposal to Strike off
Legal form
Private Limited Company
Incorporated
8 Jul 2011 (15 years)
Registered address
AB31 4FW BANCHORY
Postcode area
Aberdeen
Activity
06100 Extraction of crude petroleum
Industry
Extraction of crude petroleum and natural gas
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Mar 202620 Aug 2026– –£6,000£6,000 £0–2
31 Mar 202515 Dec 2025– –£17k£33k £16k–2
31 Mar 202415 Oct 2024– –£15k£28k £13k–2
31 Mar 202215 Dec 2022– –£1,670£46k £44k–2
31 Mar 202115 Dec 2021– –£11k£57k £46k£36k0
31 Mar 202015 Nov 2020– –£5,445£50k £45k£26k0

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

Similar companies in Aberdeen

Questions about MGS WELLSERVICES LIMITED

What is the company number of MGS WELLSERVICES LIMITED?

MGS WELLSERVICES LIMITED is registered under company number SC403203 in the official register of United Kingdom. View it at the official register.

Is MGS WELLSERVICES LIMITED still active?

Yes. MGS WELLSERVICES LIMITED is registered as active (status: Active - Proposal to Strike off).

Has MGS WELLSERVICES LIMITED gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for MGS WELLSERVICES LIMITED in the official data.

How likely is MGS WELLSERVICES LIMITED to become insolvent?

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

When was MGS WELLSERVICES LIMITED founded?

MGS WELLSERVICES LIMITED was incorporated on 8 Jul 2011.

Where is MGS WELLSERVICES LIMITED registered?

MGS WELLSERVICES LIMITED's registered address is in AB31 4FW BANCHORY (Aberdeen), United Kingdom.

What do the latest accounts of MGS WELLSERVICES LIMITED show?

The latest published accounts (period ending 31 Mar 2026) show equity of £6,000, total assets of £6,000, 2 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.