MGM PLUMBING & HEATING LTD

Company number SC598863 · Active (Active - Proposal to Strike off)

MGM PLUMBING & HEATING LTD is a private limited company registered in GLASGOW, United Kingdom, incorporated on 4 Jun 2018. Its registered activity is development of building projects. Its latest published accounts for the period ending 30 Jun 2024 show equity of −£8,479, total assets of £2,141. It has filed 6 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

Days since last period end3.2×≥ 642 · 0.37 % became insolvent
Negative equity2.3×1 · 0.27 % became insolvent
Equity ratio2.2×< -0.882818 · 0.25 % became insolvent
Accounts overdue2.1×1 · 0.24 % became insolvent
Cash ÷ assets2.0×0.187053–0.578498 · 0.24 % became insolvent
Late filings1.8×1–2 · 0.21 % became insolvent

Lowers the risk

Region0.0×G · 0.00 % became insolvent
Accounts filed0.3×≥ 6 · 0.04 % became insolvent
Total assets (log)0.3×2.87772–3.99473 · 0.04 % became insolvent
Current ratio0.7×< 0.0828928 · 0.08 % became insolvent
Equity (signed log)0.8×-4.26854–0.30103 · 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
SC598863 · official register
Status
Active - Proposal to Strike off
Legal form
Private Limited Company
Incorporated
4 Jun 2018 (8 years)
Registered address
G73 3TB GLASGOW
Postcode area
Glasgow
Activity
41100 Development of building projects
Industry
Construction of buildings
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
30 Jun 202415 Oct 2024– –−£8,479£2,141 £6,000£1,2111
30 Jun 202315 Mar 2024– –−£6,852£10k £6,500£8,6221
30 Jun 202215 Mar 2023– –−£4,511£22k £9,288£19k1
30 Jun 202115 Jun 2022– –−£1,733£35k £5,375£7,2781
30 Jun 202015 Feb 2021– –−£2,249£39k £11k–1
30 Jun 201915 Jan 2020– –£2,704£23k £19k––

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

Similar companies in Glasgow

Questions about MGM PLUMBING & HEATING LTD

What is the company number of MGM PLUMBING & HEATING LTD?

MGM PLUMBING & HEATING LTD is registered under company number SC598863 in the official register of United Kingdom. View it at the official register.

Is MGM PLUMBING & HEATING LTD still active?

Yes. MGM PLUMBING & HEATING LTD is registered as active (status: Active - Proposal to Strike off).

Has MGM PLUMBING & HEATING LTD gone bankrupt or into insolvency?

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

How likely is MGM PLUMBING & HEATING LTD to become insolvent?

Our model estimates a 0.00 % probability that MGM PLUMBING & HEATING 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 PLUMBING & HEATING LTD founded?

MGM PLUMBING & HEATING LTD was incorporated on 4 Jun 2018.

Where is MGM PLUMBING & HEATING LTD registered?

MGM PLUMBING & HEATING LTD's registered address is in G73 3TB GLASGOW (Glasgow), United Kingdom.

What do the latest accounts of MGM PLUMBING & HEATING LTD show?

The latest published accounts (period ending 30 Jun 2024) show equity of −£8,479, total assets of £2,141, 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.