Megan Properties Limited
00889860
Some Concerns
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
30/09/2024
total exemption full
Next accounts due
30/06/2026
Confirmation statement
Last: 03/03/2026
Due 17/03/2027
Industry
Officers
Persons with Significant Control
Mr Liam Eneas Mcnally
British · England · Age 60
Parkside House, Off Woodlands Way, Middleton, M24 1NL
Notified 15/04/2020
Mr Michael Joseph Mcnally
British · England · Age 58
Parkside House, Off Woodlands Way, Middleton, M24 1NL
Notified 15/04/2020
Former PSCs
Mr Eneas Mcnally
Ceased 01/03/2021
Charges2 outstanding
THE MORTGAGE WORKS (UK) PLC
THE MORTGAGE WORKS (UK) PLC
CompanyRankvs 30305+ SIC 68209 peers50
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Presentation currency The company’s financial statements are presented in sterling. Going concern In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s a
Key FinancialsYear ending 30/09/2025
Net Worth
£528k
Balance sheet strength
Cash
£13k
Cash in the bank
Net Current Assets
-£87k
Working capital
Current Assets
£18k
Current Liabilities
£105k
Fixed Assets
£1.1M
Debtors
£4k
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.17 | -£6k |
| 2024 | 0.22 | -£41k |
| 2023 | 0.62 | — |
Derived from filed accounts. Not audited figures.