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M.A.G.Engineering Company Limited

00979315

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

BPO INSOLVENCY LTD, SWANSEA, SA1 5NW
Incorporated 11/05/1970

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Douglas Philip Watson

director · Since 15/12/2022

OPERATIONS MANAGER

BRITISH · UNITED KINGDOM · Age 62

Also on 32 other boards

Persons with Significant Control

Watson Family Trust

75–100% shares
75–100% votes
Appoint directors

3 George Street, Suite 174 Edgar Buildings, Bath

Notified 11/03/2019

Former PSCs

Mr Michael Andrew George

Ceased 07/07/2017

Mr Douglas Philip Watson

Ceased 10/01/2019

Mr Steven Hawkins

Ceased 11/03/2019

Charges0 outstanding

Charge
satisfied

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Created 18/12/2017Registered 19/12/2017Satisfied 22/01/2019
Charge
satisfied

PARAGON BANK BUSINESS FINANCE PLC

Created 23/06/2017Registered 28/06/2017Satisfied 18/01/2018
charge
satisfied

BARCLAYS BANK PLC

Created 12/01/1988Registered 27/01/1988Satisfied 01/03/2005
charge
satisfied

INVESTORS IN INDUSTRY PLC

Created 23/11/1987Registered 26/11/1987Satisfied 01/03/2005
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 23/04/1986Registered 14/05/1986Satisfied 25/02/1988
charge
satisfied

BARCLAYS BANK PLC

Created 18/02/1985Registered 11/03/1985Satisfied 07/01/1988
charge
satisfied

BARCLAYS BANK PLC

Created 15/10/1982Registered 05/11/1982Satisfied 07/01/1988

CompanyRankvs 15+ SIC 82990 peers
30

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 pts

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

Liquidity0/20 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.

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

Key FinancialsYear ending 31/05/2020

Net Worth

£128k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£0

Working capital

Current Assets

—

Current Liabilities

£0

Fixed Assets

£213k

6avg. employees+1

Balance Sheet

Assets less current liabilities£213k
Prepared with Companies House

EstimatesDerived

YearImplied Profit
2020-£38k
2019+£33k
2018-£136k

Derived from filed accounts. Not audited figures.