Matglen Limited
00933899
Healthy
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 02/02/2023
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 71
Also on 2 other boards
Persons with Significant Control
Mr Mohammad Sheriff Musthan
British · England · Age 78
21 Tempus Court, 128-138 High Road, London, E18 2QE
Notified 01/07/2016
Charges0 outstanding
BARCLAYS BANK PLC
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 125129+ SIC 82990 peers36
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2024
Net Worth
-£13k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£13k
Working capital
Current Assets
£5k
Current Liabilities
£17k
Fixed Assets
£1k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.27 | -£374 |
| 2023 | 0.37 | -£2k |
| 2022 | 0.78 | -£218 |
| 2021 | 0.77 | +£2k |
| 2020 | 0.59 | +£3k |
| 2019 | 0.60 | +£3k |
| 2018 | 0.31 | -£51k |
| 2017 | 1.96 | — |
Derived from filed accounts. Not audited figures.