MG-CONTRACTS (SCOT) LTD

Company number SC815801 · Active

MG-CONTRACTS (SCOT) LTD is a private limited company registered in AIRDRIE, United Kingdom, incorporated on 8 Jul 2024. Its registered activity is joinery installation. Its latest published accounts for the period ending 31 Jul 2026 show equity of £80k, total assets of £103k. It has filed 2 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

Total assets (log)2.4×4.74546–5.45007 · 0.28 % became insolvent
Industry2.0×43 · 0.23 % became insolvent
Equity (signed log)2.0×4.7115–5.52268 · 0.23 % became insolvent
Accounts type1.6×balance sheet only · 0.18 % became insolvent
Current liabilities ÷ assets1.5×0.186967–0.523499 · 0.18 % became insolvent
Has filed accounts1.3×1 · 0.16 % became insolvent

Lowers the risk

Region0.0×ML · 0.00 % became insolvent
Company age (years)0.0×1.728–6.256 · 0.00 % became insolvent
Equity ratio0.4×0.742974–1 · 0.05 % became insolvent
Filing delay of last accounts (days)0.5×< 76 · 0.05 % became insolvent
Accounts filed0.5×0–3 · 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
SC815801 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
8 Jul 2024 (2 years)
Registered address
ML6 0BD AIRDRIE
Postcode area
Motherwell
Activity
43320 Joinery 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 Jul 202625 Sep 2026– –£80k£103k £23k–1
31 Jul 202515 Dec 2025– –£40k£55k £16k–1

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

Similar companies in Motherwell

Questions about MG-CONTRACTS (SCOT) LTD

What is the company number of MG-CONTRACTS (SCOT) LTD?

MG-CONTRACTS (SCOT) LTD is registered under company number SC815801 in the official register of United Kingdom. View it at the official register.

Is MG-CONTRACTS (SCOT) LTD still active?

Yes. MG-CONTRACTS (SCOT) LTD is registered as active (status: Active).

Has MG-CONTRACTS (SCOT) LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for MG-CONTRACTS (SCOT) LTD in the official data.

How likely is MG-CONTRACTS (SCOT) LTD to become insolvent?

Our model estimates a 0.00 % probability that MG-CONTRACTS (SCOT) 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-CONTRACTS (SCOT) LTD founded?

MG-CONTRACTS (SCOT) LTD was incorporated on 8 Jul 2024.

Where is MG-CONTRACTS (SCOT) LTD registered?

MG-CONTRACTS (SCOT) LTD's registered address is in ML6 0BD AIRDRIE (Motherwell), United Kingdom.

What do the latest accounts of MG-CONTRACTS (SCOT) LTD show?

The latest published accounts (period ending 31 Jul 2026) show equity of £80k, total assets of £103k, 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.