The Firmwatch take
May 123 Limited is a 12-year-old real estate, active on the Companies House register. The latest filed accounts (year to 30 June 2025) show -GBP 107k in net assets, with 1 distress signal extracted from the filing (negative net assets). No insolvency or strike-off filings appear in our public Companies House and Gazette data.
Refreshed 24 May 2026
Pulse · Net assets, 2024–2025
↘ £500Incorporated
3 June 2013
12 years on the register
Sector
Other letting and operating of own or leased real estate
SIC 68209
Size
Not classified
Net assets
−£107k
Bottom 10% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Insolvency risk
Elevated insolvency risk
The latest public accounts show financial pressure that should be reviewed before relying on the company as a customer, supplier or counterparty.
Negative net assets
Visible liabilities exceed visible assets in the extracted accounts.
Negative working capital
Short-term liabilities are higher than short-term assets in the public balance sheet.
Money
What the balance sheet says
Net assets
−£107k
Bottom 10% in sector · sector median £2k · 308,634 filers in this sector
Cash
Not disclosed
Working cap.
−£107k
Median £1
Current ratio
—
Signals · 2
Negative net assets
The latest filed accounts show liabilities exceeding assets.
Negative working capital
Current liabilities exceed current assets in the extracted accounts.
Sector benchmark · Real Estate
How this company compares in 308,634 filers in this sector
Bottom 10% in sector — May 123 Limited shows −£107k in net assets. Sector median is £2k.
Sector medians are computed annually across all UK companies in this broad sector. Position is approximate — see the Money tab for the full balance sheet.
People
Who runs this company
- TD
THAKRAR, Dipak Maganlal
director · since 2016
Registered office
Address intelligence
8 other companies registered here.
Common for accountants' offices and small business centres.
Address pattern · M50 2GF
8 other UK companies registered here — all still trading.
Active
8
Dissolved
0
Strike-off action
0
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.