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M.K.G.(Food Products)Limited

00478772

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

UNIT N3A WESTPOINT MIDDLEMORE LANE WEST, WALSALL, WS9 8DT
Incorporated 25/02/1950

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46390
Non-specialised wholesale of food, beverages and tobacco

Officers

Mr Robert James Mayling

director · Since 02/11/1991

ACCOUNTANT

BRITISH · ENGLAND · Age 77

Also on 20 other boards

Mr Andrew William James Jefferson

director · Since 05/04/2006

DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 8 other boards

Mr Robert James Mayling

secretary · Since 18/04/2007

BRITISH · ENGLAND · Age 77

Also on 20 other boards

Mr Philip James Mayling

director · Since 01/10/2009

DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Also on 4 other boards

Persons with Significant Control

M.K.G. Holdings Limited

75–100% shares
75–100% votes

Westgate, Aldridge, Walsall, WS9 8DE

Reg: 00923908 · Companies House · Limited Company

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 26/02/2025Registered 28/02/2025
Charge
outstanding

LLOYDS BANK PLC

Created 10/03/2021Registered 10/03/2021
charge
satisfied

BARCLAYS BANK PLC

Created 28/12/1970Registered 01/01/1971Satisfied 28/07/2006
charge
satisfied

BARCLAYS BANK PLC

Created 06/12/1965Registered 13/12/1965Satisfied 28/07/2006
charge
satisfied

BARCLAYS BANK PLC

Created 26/06/1964Registered 07/07/1964Satisfied 28/07/2006

CompanyRankvs 555+ SIC 46390 peers
56

Financial strength97th percentile among SIC peers · 24/25
Employees41th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.71× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees6/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/03/2025

Net Worth

£3.3M

Balance sheet strength

Cash

£323k

Cash in the bank

Profit Before Tax

£165k

Bottom line earnings

Net Current Assets

£1.3M

Working capital

Current Assets

£3.1M

Current Liabilities

£1.8M

Fixed Assets

£2.4M

Debtors

£1.8M

Cost of Sales

£14.9M

Admin Expenses

£904k

Profit After Tax

£114k

1avg. employees-78

Tax at Year End(2023)

Corp tax£0
Dividends paid£4k

People Costs

Wages & salaries£2.9M

Balance Sheet

Intangible assets£74k
Bank loans & overdrafts£351k
Assets less current liabilities£3.7M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.71+£114k
20241.52+£72k
20231.74+£41k
20222.07+£97k
20212.96-£442k
20202.05-£11k
20192.13

Derived from filed accounts. Not audited figures.