The Firmwatch take
Mgs Groundworks Limited is a 6-year-old specialist trades, active on the Companies House register. The latest filed accounts (year to 30 September 2025) show GBP 67k in net assets, with no distress signals detected. No insolvency or strike-off filings appear in our public Companies House and Gazette data.
Refreshed 24 May 2026
Pulse · Net assets, 2024–2025
↗ £58kIncorporated
10 January 2020
6 years on the register
Sector
Other specialised construction activities n.e.c.
SIC 43999
Size
Not classified
Net assets
£67k
Top 10% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Insolvency risk
Low insolvency risk
The latest public accounts do not show obvious balance-sheet stress. This does not rule out trading problems, but the filed numbers look comparatively steady.
Positive net assets
The latest extracted accounts show assets exceeding liabilities.
Sector benchmark · Specialist Trades
How this company compares in 161,887 filers in this sector
Top 10% in sector — Mgs Groundworks Limited shows £67k in net assets. Sector median is £7k.
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.
Address pattern · BN11 1QR
997 other UK companies registered at this postcode.
Active
946
Dissolved
13
Strike-off action
33
Money
What the balance sheet says
Net assets
£67k
Top 10% in sector · sector median £7k · 161,887 filers in this sector
Cash
Not disclosed
Working cap.
£36k
Median £7k
Current ratio
1.3×
Median 1.3×
Signals · 1
Positive net assets
The latest filed accounts show assets exceeding liabilities.
People
Who runs this company
- NS
NOAKES, Stuart Robert
director · since 2022
Registered office
Address intelligence
997 other companies use this address.
High-volume registered-office service. Many UK companies use these legitimately, but they are also a known hosting location for shell entities. Treat this as a flag, not a verdict.
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.