MG STEELS LIMITEDActive

Company number 02465924Private limited companyIncorporated 1990

Key figures

−£360-101.4%
Net assets 2025/26
-50 k050 k100 k150 k2020/212021/222022/232023/242024/252025/26

Like most small UK companies, MG STEELS LIMITED does not publish a profit and loss account in its latest accounts. The figures below come from the balance sheet.

Balance sheet structure
Current assetsFixed assetsLiabilitiesNet assets
0200 k400 k2020/212021/222022/232023/242024/252025/26
Filed accounts2020/21–2025/26
2021/222022/232023/242024/252025/26
Cash at bank and in hand90,127————
Total assets321,575307,477215,91733,1940
Total liabilities—179,930———
Net assets / total equity125,828127,54787,25925,943-360
Average number of employees23222

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

Summary: MG STEELS LIMITED

Company

MG STEELS LIMITED is a private limited company registered with Companies House under company number 02465924. It was incorporated on 1 Feb 1990. Its status is active. The registered office is in Halesowen (B63). Its nature of business (SIC 2007) is non-specialised wholesale trade (46900).

Accounts

The latest accounts in the database are for 2025/26 (period ending 31 Mar 2026); the company files micro-entity accounts. Net assets were −£360, down 101.4% on the previous year. The company had an average of 2 employees. Figures are available for 6 financial years (2020/21–2025/26).

Control and charges

One person with significant control is registered. 1 of 1 registered charges are outstanding.

Filing deadlines

The next accounts are due by 31 Dec 2026. The next confirmation statement is due by 31 Jan 2027.