Mgl-five LTD goes into liquidation
Active Company no. 13857390 Incorporated Jan 2022 Hospitality & Food Service B postcode area
1245 Yardley Wood Road, Shirley, Solihull, B90 1LA
The most recent insolvency notice for Mgl-five LTD is an Appointment of liquidators (CVL), published 18 August 2026 in The London Gazette. The office holder is Situl Devji Raithatha (IP No. 8927) of Springfields Advisory LLP, 38 De Montfort Street, Leicester, LE1 7GS, appointed 11 August 2026. Its last accounts filed at Companies House, to 31 January 2025, showed total assets of £41k and net assets of £28k. Liquidation winds a company up: a licensed insolvency practitioner (the liquidator) is appointed to sell the company's assets and distribute the proceeds to creditors in the order fixed by law, after which the company is dissolved. A creditors' voluntary liquidation (CVL) is started by the company's own directors and shareholders once it can no longer pay its debts as they fall due.
Last filed balance sheet
As at 31 January 2025 · micro entity accounts · unaudited · filed 18 months before the first insolvency notice
Average employees during the period: 4
Insolvency notices (2)
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Appointment of liquidators (CVL) 18 Aug 2026
The notice announces the appointment of Situl Devji Raithatha as liquidator of MGL- FIVE LTD on 11 August 2026, appointed by its members and creditors.
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Resolution for winding up (CVL) 18 Aug 2026
The sole member of MGL‑FIVE LTD passed resolutions on 11 August 2026 to voluntarily wind up the company and appointed Situl Devji Raithatha of Springfields Advisory LLP as liquidator.
Owed money by Mgl-five LTD?
A bad debt this size rarely stops with the company that failed. If you're a supplier or creditor left short, it's worth knowing where you rank — and checking what the shortfall does to your own cashflow.
Related guidance
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What the public record showed for this company before its insolvency notice:
- Its most recent accounts were 18 months old when the first insolvency notice was published.
Each of these is visible months before a Gazette notice. Directors who act at that stage keep far more options open, from an informal turnaround to a CVA or restructuring plan.
Frequently asked questions
Is Mgl-five LTD in liquidation?
The most recent insolvency notice for Mgl-five LTD (company no. 13857390) is a Appointment of liquidators (CVL), published 18 August 2026 in The London Gazette. Liquidation winds a company up: a licensed insolvency practitioner (the liquidator) is appointed to sell the company's assets and distribute the proceeds to creditors in the order fixed by law, after which the company is dissolved. A creditors' voluntary liquidation (CVL) is started by the company's own directors and shareholders once it can no longer pay its debts as they fall due.
What were Mgl-five LTD's last filed accounts?
Mgl-five LTD's last accounts filed at Companies House, to 31 January 2025, showed total assets of £41k, net assets of £28k. For a distressed company the last filing often predates the insolvency by a year or more.
How many insolvency notices does Mgl-five LTD have?
Mgl-five LTD has 2 insolvency notices recorded in The London Gazette, the most recent being a Appointment of liquidators (CVL) on 18 August 2026.
Financial figures are taken from the company's own last accounts filed at Companies House. Small and micro-entity accounts are unaudited, and for a company entering an insolvency process the most recent filing frequently predates that process by a year or more. Figures are indicative and are not a valuation. Contains public sector information licensed under the Open Government Licence v3.0. © Crown copyright.