MGBDECOR LTD
Executive Summary
MGBDECOR LTD is a niche player in the Glasgow painting services market with a lean operational model but faces significant financial challenges, including negative equity and working capital deficits that constrain growth. Strategic financial restructuring combined with service diversification and local market penetration offers a pathway to sustainable expansion, while mitigating risks related to liquidity and operational capacity is imperative for long-term viability.
View Full Analysis Report →- Legal registered address
- 31 Moraine Drive Glasgow United Kingdom G15 6EY Copied!
Latest financial results as of 13 November 2025- Current assets
- £21.17k
- Fixed assets
- £3.04k
- Current creditors
- £37.75k
- Shareholders funds
- £-36.04k
View full financial accounts- Current assets
- £21.17k
- Fixed assets
- £3.04k
- Current creditors
- £37.75k
- Shareholders funds
- £-36.04k
- Company number
- SC690594 Copied!
Accounts
Latest annual accounts were to 28 February 2024
Next annual accounts are due by 30 November 2025
Company financial year end is on 28 February 2026
Confirmation statement
Latest confirmation statement statement dated 15 March 2025
Next statement due by 29 March 2026
Nature of business (SIC)
43341 - Painting
Latest company documents
| Date | Description |
|---|---|
| 03/04/253 April 2025 | Confirmation statement made on 2025-03-15 with no updates |
| 30/11/2430 November 2024 | Micro company accounts made up to 2024-02-28 |
| 15/03/2415 March 2024 | Confirmation statement made on 2024-03-15 with no updates |
| 28/02/2428 February 2024 | Annual accounts for year ending 28 Feb 2024 |
| 01/12/231 December 2023 | Micro company accounts made up to 2023-02-28 |
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