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  4. Mgi Electrical Limited

Mgi Electrical Limited

ActiveTotal exemption (full) accountsElectriciansAshford
Company number
05006642
Incorporated
6 Jan 200422 years trading
Registered office
24 High Street, Charing, Ashford, Kent, TN27 0HX
Nature of business
Electrical installation
Accounts due in
18 days
31 Oct 2026
Net assets
-£13▼
-108.2% on the year before
Cash at bank
£275▼
At 31 Jan 2026
Employees
1
Average during the year
From the Companies House register, 1 Oct 2026

Mgi Electrical Limited is a 22-year-old private limited company registered in Ashford, company number 05006642, one of 161 electrical contractors in Ashford. Its next accounts are due at Companies House on 31 October 2026, and the CT600 for the period to 31 January 2026 is due at HMRC on 31 January 2027.

Key dates

Worked out from the year end and filing history on the Companies House register.

Accounts due
31 Oct 2026
in 18 days
For the period to 31 Jan 2026
CT600 due
31 Jan 2027
in 110 days
Period 1 Feb 2025 to 31 Jan 2026
Corporation tax payment
1 Nov 2026
in 19 days
9 months and 1 day after the period end
Confirmation statement
20 Jan 2027
in 99 days
Last made up to 6 Jan 2026

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Finances

From each year's balance sheet filed at Companies House. Small companies do not have to publish turnover or profit, so these are balance sheet figures.

  • Net assets down £171 (-108.2%) on the year before, to -£13.
  • Net assets rose in 4 of 9 year-on-year comparisons on record.
  • Current assets of £875 against £888 owed within a year: 1.0 times cover.
  • 1 employee on average during the year.
  • Balance sheets on record for 10 years, 2017 to 2026.

Net assets by year

Net assets at each year end, 2017 to 2026£031 January 2017: net assets £69£69201731 January 2018: net assets £48£48201831 January 2019: net assets £23£23201931 January 2020: net assets £661£661202031 January 2021: net assets -£949-£949202131 January 2022: net assets -£61-£61202231 January 2023: net assets -£23-£23202331 January 2024: net assets £285£285202431 January 2025: net assets £158£158202531 January 2026: net assets -£13-£132026
Net assets at each year end, 2017 to 2026£031 January 2017: net assets £69£69'1731 January 2018: net assets £48£48'1831 January 2019: net assets £23£23'1931 January 2020: net assets £661£661'2031 January 2021: net assets -£949-£949'2131 January 2022: net assets -£61-£61'2231 January 2023: net assets -£23-£23'2331 January 2024: net assets £285£285'2431 January 2025: net assets £158£158'2531 January 2026: net assets -£13-£13'26
Year endNet assetsCashCurrent assetsOwed within a yearEmployees
31 Jan 2026-£13£275£875£8881
31 Jan 2025£158£628£1,499£1,3411
31 Jan 2024£285£1,486£7,322£7,0371
31 Jan 2023-£23£375£1,816£1,8391
31 Jan 2022-£61£821£821£8821
31 Jan 2021-£949£304£824£1,7731
31 Jan 2020£661£31£1,779£1,1181
31 Jan 2019£23£101£3,708£3,685
31 Jan 2018£48£20£1,790£1,742
31 Jan 2017£69£28£4,313£4,244

Where Mgi Electrical Limited is registered

Mgi Electrical Limited's registered office on a map of the UK

The registered office is in Ashford (TN27), in the Ashford local authority area, South East. Show TN27 0HX on a map.

Other trade companies in TN27

Also registered at this address

8 other companies use the same registered office as Mgi Electrical Limited.

What happens if Mgi Electrical Limited files late

Companies House charges an automatic penalty the day after the deadline, and it rises the longer the accounts are late. These are the dates for this company's accounts due on 31 October 2026.

Companies HouseAccounts deliveredPenalty
Up to 1 month late1 Nov 2026 to 30 Nov 2026£150
1 to 3 months late1 Dec 2026 to 31 Jan 2027£375
3 to 6 months late1 Feb 2027 to 30 Apr 2027£750
More than 6 months lateFrom 1 May 2027£1,500

Penalties double if the accounts were also late the year before.

HMRC (CT600)FromPenalty
1 day late1 Feb 2027£200
3 months late30 Apr 2027another £200
6 months late31 Jul 2027HMRC estimates the tax and adds 10% of the unpaid tax
12 months late31 Jan 2028another 10% of any unpaid tax

For returns filed on or after 1 April 2026. Late three times in a row and the £200 penalties become £1,000 each.

Company details

As held on the Companies House register.

Company number
05006642
Status
Active
Company type
Private limited company
Incorporated
6 January 2004 (22 years ago)
Registered office
24 High Street, Charing, Ashford, Kent, TN27 0HX
Nature of business
Electrical installation (SIC 43210)
Year end
31 January (accounting reference date)
Accounts type
Total exemption (full)
Last accounts made up to
31 January 2025
Last confirmation statement
6 January 2026

Filing notes for electrical contractors

Electrical contracting companies are often a director plus a van and tools. Most fall within the micro-entity rules, so the accounts filed at Companies House are short, and the CT600 carries the tax detail.

Similar companies in Ashford

Other active electrical contractors registered in Ashford.

All electrical contractors in Ashford · All trades in Ashford · Electricians across the UK

Frequently asked questions

When are Mgi Electrical Limited's accounts due?

Mgi Electrical Limited's next accounts are due at Companies House by 31 October 2026 (in 18 days), covering the period to 31 January 2026.

When is Mgi Electrical Limited's CT600 due?

The CT600 for the period to 31 January 2026 is due at HMRC by 31 January 2027, 12 months after the period end. The corporation tax itself is payable earlier, by 1 November 2026.

Is Mgi Electrical Limited still trading?

Mgi Electrical Limited is listed as active on the Companies House register as of 1 Oct 2026. Active means it has not been dissolved or entered insolvency; it does not show whether it is currently taking on work.

What does Mgi Electrical Limited do?

Mgi Electrical Limited is registered under Electrical installation (SIC 43210).

How old is Mgi Electrical Limited?

Mgi Electrical Limited was incorporated on 6 January 2004, 22 years ago.

What is the penalty if Mgi Electrical Limited files its accounts late?

Companies House charges £150 if the accounts are up to 1 month late, £375 up to 3 months, £750 up to 6 months and £1,500 after that, doubled if the previous year's accounts were also late. HMRC charges £200 for a CT600 filed a day late and another £200 at 3 months.

Official records

View Mgi Electrical Limited on Companies House for filed documents, officers and the full history.

Report an error on this page

Based on the Companies House register (snapshot 1 Oct 2026). Deadlines are worked out from the register and assume a standard accounting period; a change of year end or a short period moves them. This page is general information, not tax or accountancy advice.

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