MG PROPERTY LEASES LTD
Company number 13110121 · Monitor this company
Executive summary
MG Property Leases Ltd is currently financially distressed with negative net assets and weak liquidity, primarily financed by mortgage and intercompany loans. The company’s inability to cover short-term liabilities from current assets and lack of operational cash flow raise significant credit risk concerns. Without substantial improvement or additional security, extending credit is not recommended at this time.
Shareholders' funds
-£17,924
Balance sheet as at 2025-01-30
Overview
- Company type
- Private Limited Company
- Incorporated
- 2021-01-04
- Employees
- 0 (2025 accounts)
- Registered office
- Suite 74, Jupiter Business Centre, Paycocke Road, Basildon, England, SS14 3HX
- Postcode
- SS14 3HX
- Capital
- 1 GBP
- Accounts category
- Total Exemption Full
- Charges
- 0 outstanding
Accounts
- Last made up to
- 2025-01-30
- Next due by
- 2026-10-30
- Financial year end
- 30 January
Confirmation statement
- Last statement dated
- 2026-03-18
- Next due by
- 2027-04-01
Nature of business (SIC)
- 68209 Other letting and operating of own or leased real estate
- 98000 Residents property management
Officers 3 current · 2 resigned
Competitors Basildon
This company ranks 1578 among other letting and operating of own or leased real estate in Basildon.
Property in England & Wales 2 titles
- Leasehold
- 2
- Most recent registration
- 2022-10-20
- Price paid, where recorded
- £260,000
- Where
- Southend-On-Sea (2)
| Title number | County | Tenure | Registered | Price paid |
|---|---|---|---|---|
| AA48788 | Southend-On-Sea | Leasehold | 2022-10-20 | £100,000 |
| AA36075 | Southend-On-Sea | Leasehold | 2021-12-17 | £160,000 |
For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).
Information produced by HM Land Registry. © Crown copyright 2026. Dataset as at 2026-08.