# MGI Engineering Ltd

## Details

- **Company number:** [04960248](https://find-and-update.company-information.service.gov.uk/company/04960248)
- **Status:** Active
- **Type:** Private Limited Company
- **Incorporated:** 11 Nov 2003
- **Registered office:** UNIT 7 THE GATEWAY, WINDRUSH PARK ROAD, WITNEY, OX29 7EY
- **Nature of business:** [74909](/sic/74909) Other professional, scientific and technical activities n.e.c.


## Previous names

- MGI Aviation Limited (until 26 Sep 2009)
- MGI Motorsport Ltd (until 16 Oct 2019)
- Vertical Advanced Engineering Ltd (until 1 Nov 2021)




## Control

| Name | Nature of control | Notified | Ceased |
|---|---|---|---|
| Mr Michael Robert Gascoyne | ownership-of-shares-75-to-100-percent, voting-rights-75-to-100-percent, right-to-appoint-and-remove-directors | 1 Nov 2016 | 29 Jul 2019 |
| Vertical Aerospace Ltd | ownership-of-shares-75-to-100-percent, voting-rights-75-to-100-percent, right-to-appoint-and-remove-directors | 29 Jul 2019 | 22 Feb 2021 |
| Vertical Aerospace Group Ltd | ownership-of-shares-75-to-100-percent, voting-rights-75-to-100-percent, right-to-appoint-and-remove-directors | 22 Feb 2021 | 2 Nov 2021 |
| Mrs Silvia Schaumloeffel | ownership-of-shares-25-to-50-percent, voting-rights-25-to-50-percent | 2 Nov 2021 |  |
| Mr Michael Robert Gascoyne | ownership-of-shares-50-to-75-percent, voting-rights-50-to-75-percent | 2 Nov 2021 |  |



## Accounts

| Year ended | Net assets | Cash | Employees |
|---|---|---|---|
| 31 Dec 2024 | £794,037 | £434,172 | 16 |
| 31 Dec 2023 | £496,192 | £259,035 | 21 |
| 31 Dec 2022 | £858,348 | £1,025,477 | 21 |
| 31 Dec 2021 | £146,348 | £243,919 | 25 |
| 31 Dec 2018 | £325,576 | £33,395 | 4 |
| 30 Nov 2017 | - | £207,693 | 4 |
| 30 Nov 2012 | £346,749 | £21,283 | - |
| 30 Nov 2011 | £384,427 | £2,578 | - |
| 30 Nov 2010 | £421,693 | £132,715 | - |
| 30 Nov 2009 | £703,007 | £748,305 | - |




## Controls

- [MGI Aerospace Ltd](/company/14382882) (14382882)