HomeCompanies in AdministrationRecruitment & staffingMGS (Realisations) Limited

Is MGS (Realisations) Limited in administration?

Last verified 24 May 2026
In AdministrationYes, MGS (Realisations) Limited (company number 10866854) entered administration on 18 August 2025.

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MGS (Realisations) Limited is now under the control of an administrator. Below are the key dates, the directors, the public-record timeline that led here, and what the administration means if you are a creditor, employee, customer or supplier.

Company at a glance

StatusIn Administration
Company number10866854
Incorporated14 July 2017 (9 years old)
Registered officeC/O Kr8 Advisory Limited, 10-12 Mount Street, Manchester, M2 5NT
Nature of business (SIC)78109: Other activities of employment placement agencies (Recruitment & staffing)
Date entered administration18 August 2025
Public registerView filing history ↗

About the business

MGS (Realisations) Limited is a recruitment & staffing business based in Manchester, incorporated in 2017 and 8 years old when the administrator was appointed. Its registered activity is other activities of employment placement agencies (SIC 78109). There have been 5 director appointments since incorporation, of which 5 were on the board when the administrator was appointed, alongside 2 people with significant control. 5 charges have been registered against the company, 3 of which are still outstanding.

Statement of Affairs

No Statement of Affairs is on record for this company. The 75-day filing window has passed without a Statement of Affairs being filed.

Directors

5 people have been appointed as directors of MGS (Realisations) Limited.

DirectorStatusResigned
Matthew Miles KershawActive
Shaemin UkaniActive
Vakeesan IndrakumarActive
Bradley Steven WoodActive
Hosamel-Din IbrahimActive

Persons with significant control

Individuals or entities with significant influence or control.

2 ceased controls
  • Mr Bradley Steven Wood · ceased 3 Oct 2023
  • Mr Matthew Miles Kershaw · ceased 3 Oct 2023

Charges register

Secured creditors and encumbrances against the company. 3 outstanding · 2 satisfied.

Status · Creditor · Type · Dates
OutstandingLdf Finance No.3 Limited
A registered charge · Created 7 Apr 2025 · Pending
OutstandingRev Commercial Finance Limited
A registered charge · Created 29 Jan 2025 · Pending
OutstandingLloyds Bank PLC
A registered charge · Created 22 Feb 2022 · Pending
SatisfiedSonovate Limited
A registered charge · Created 20 Oct 2020 · Satisfied 7 Feb 2025
SatisfiedLloyds Bank Commercial Finance LTD
A registered charge · Created 30 Aug 2017 · Satisfied 30 Oct 2020

What happened

EventDateType
Administrator's progress report9 March 2026AM10
Notice of deemed approval of proposals3 October 2025AM06
Statement of administrator's proposal3 September 2025AM03
Certificate of change of name28 August 2025CERTNM
Change of name notice28 August 2025CONNOT
48 earlier events · 2017 to 2025
Registered office address changed18 August 2025AD01
Appointment of an administrator18 August 2025AM01
Registration of charge , created11 April 2025MR01
Confirmation statement made with no updates4 April 2025CS01
Registration of charge , created11 February 2025MR01
Satisfaction of charge in full7 February 2025MR04
Total exemption full accounts made up30 July 2024AA
Confirmation statement made with updates9 May 2024CS01
Change of share class name or designation26 October 2023SH08
Particulars of variation of rights attached to shares26 October 2023SH10
Memorandum and Articles of Association17 October 2023MA
Resolutions11 October 2023RESOLUTIONS
Appointment as a director10 October 2023AP01
Cessation as a person with significant control10 October 2023PSC07
Notification as a person with significant control10 October 2023PSC01
Notification as a person with significant control10 October 2023PSC01
Cessation as a person with significant control10 October 2023PSC07
Appointment as a director10 October 2023AP01
Appointment as a director10 October 2023AP01
Appointment as a director10 October 2023AP01
Second filing of Confirmation Statement dated28 September 2023RP04CS01
Second filing of Confirmation Statement dated28 September 2023RP04CS01
Second filing of Confirmation Statement dated28 September 2023RP04CS01
Second filing of Confirmation Statement dated22 September 2023RP04CS01
Resolutions4 September 2023RESOLUTIONS
Notification as a person with significant control30 August 2023PSC01
Statement of capital following an allotment of shares30 August 2023SH01
Total exemption full accounts made up1 August 2023AA
Filing · CS0114 April 2023CS01
Total exemption full accounts made up1 July 2022AA
Confirmation statement made with updates17 May 2022CS01
Director's details changed11 April 2022CH01
Change of details as a person with significant control11 April 2022PSC04
Registration of charge , created2 March 2022MR01
Registered office address changed10 February 2022AD01
Confirmation statement made with no updates20 April 2021CS01
Total exemption full accounts made up9 April 2021AA
Satisfaction of charge in full30 October 2020MR04
Registration of charge , created30 October 2020MR01
Confirmation statement made with no updates29 April 2020CS01
Total exemption full accounts made up6 January 2020AA
Confirmation statement made with updates17 April 2019CS01
Total exemption full accounts made up19 February 2019AA
Director's details changed7 December 2018CH01
Confirmation statement made with updates21 August 2018CS01
Registration of charge , created5 September 2017MR01
Director's details changed25 July 2017CH01
Change of details as a person with significant control25 July 2017PSC04
Incorporation14 July 2017NEWINC

What this means for you

If you are a creditor

Contact the administrator to register your claim. You cannot start or continue legal action against the company without the court's or administrator's permission. Unsecured creditors are typically paid last.

A creditor's checklist

If you are an employee

Employees are preferential creditors for certain unpaid wages and holiday pay, and may be able to claim from the Redundancy Payments Service if roles are made redundant.

Employee rights and redundancy pay

If you are a customer

Orders, deposits and warranties may be affected. Deposits paid are usually unsecured claims. Contact the administrator about outstanding work or refunds.

What customers can recover

If you are a supplier

Goods supplied before the appointment are an unsecured claim. Check whether any retention-of-title clause applies to goods you can identify and recover.

How retention of title works

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Other recruitment & staffing companies in administration

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The bigger picture

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Frequently asked questions

Is MGS (Realisations) Limited in administration?
Yes. MGS (Realisations) Limited (company number 10866854) entered administration on 18 August 2025.
What does MGS (Realisations) Limited do?
MGS (Realisations) Limited's registered nature of business is other activities of employment placement agencies (SIC 78109). It is classified in the recruitment & staffing sector.
Where is MGS (Realisations) Limited based?
MGS (Realisations) Limited's registered office is C/O Kr8 Advisory Limited, 10-12 Mount Street, Manchester, M2 5NT. The registered office is the address held on the public register, which is not always the trading address.
When was MGS (Realisations) Limited founded?
MGS (Realisations) Limited was incorporated on 14 July 2017, 8 years before the administrator was appointed.
What is MGS (Realisations) Limited's company number?
MGS (Realisations) Limited's registered company number is 10866854.
Who has significant control of MGS (Realisations) Limited?
2 active people with significant control over MGS (Realisations) Limited are on the register: Mr Hosamel-Din Ibrahim, Ms Shaemin Ukani.
Does MGS (Realisations) Limited have any outstanding charges?
3 outstanding charges are registered against MGS (Realisations) Limited out of 5 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
Are jobs at MGS (Realisations) Limited at risk?
When a company enters administration the administrator decides whether to continue trading, sell the business as a going concern, or wind it down. Employees can contact the administrator for any update on their role, and may be able to claim from the Redundancy Payments Service if their job is made redundant.
What does administration mean for creditors of MGS (Realisations) Limited?
Administration is a formal insolvency process that gives a company protection from creditors while an administrator tries to rescue it or achieve a better result than liquidation. Creditors cannot start or continue legal action without permission. Unsecured creditors are usually paid last, often only a portion of what they are owed, if anything.
When did MGS (Realisations) Limited go into administration?
MGS (Realisations) Limited went into administration on 18 August 2025.

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