MG WORX LTD

Company number SC755777 · Active

MG WORX LTD is a private limited company registered in KEITH, United Kingdom, incorporated on 18 Jan 2023. Its registered activity is electrical installation. Its latest published accounts for the period ending 31 Jan 2026 show equity of £16k, total assets of £40k. It has filed 3 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
Current liabilities ÷ assets2.9×0.523499–0.961567 · 0.33 % became insolvent
Current ratio2.7×0.565361–1.20204 · 0.31 % became insolvent
Share of filings late2.3×0.333333–0.666667 · 0.26 % became insolvent
Industry2.0×43 · 0.23 % became insolvent
Late filings1.8×1–2 · 0.21 % became insolvent

Lowers the risk

Region0.0×AB · 0.00 % became insolvent
Company age (years)0.0×1.728–6.256 · 0.00 % 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
SC755777 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
18 Jan 2023 (4 years)
Registered address
AB55 6XY KEITH
Postcode area
Aberdeen
Activity
43210 Electrical installation
Industry
Specialised construction activities
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Jan 202615 Jul 2026– –£16k£40k £24k–1
31 Jan 202515 Aug 2025– –£48£14k £14k–1
31 Jan 202415 Jan 2025– –£4,086£19k £8,702–1

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

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Questions about MG WORX LTD

What is the company number of MG WORX LTD?

MG WORX LTD is registered under company number SC755777 in the official register of United Kingdom. View it at the official register.

Is MG WORX LTD still active?

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

Has MG WORX LTD gone bankrupt or into insolvency?

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

How likely is MG WORX LTD to become insolvent?

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

MG WORX LTD was incorporated on 18 Jan 2023.

Where is MG WORX LTD registered?

MG WORX LTD's registered address is in AB55 6XY KEITH (Aberdeen), United Kingdom.

What do the latest accounts of MG WORX LTD show?

The latest published accounts (period ending 31 Jan 2026) show equity of £16k, total assets of £40k, 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.