M.R.G. Systems Limited
01744016
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 13/10/2025
Due 27/10/2026
Industry
Officers
director · Since 24/09/2004
FINANCE DIRECTOR
BRITISH · ENGLAND · Age 78
Also on 3 other boards
secretary · Since 01/01/2006
DIRECTOR
BRITISH · ENGLAND · Age 78
Also on 3 other boards
director · Since 25/10/2022
SOFTWARE DEVELOPMENT MANAGER
BRITISH · ENGLAND · Age 55
Persons with Significant Control
Mr Adrian Royston Potter
British · England · Age 78
The Mill, Upper Mills Estate, Stonehouse, GL10 2BJ
Notified 21/12/2017
Former PSCs
Panther Securities Plc
Ceased 21/12/2017
Charges1 outstanding
NATIONAL WESTMINSTER BANK PLC
BARCLAYS BANK PLC
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 96+ SIC 26200 peers71
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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
Outstanding charges: -10 pts
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
£516k
Balance sheet strength
Cash
£35k
Cash in the bank
Net Current Assets
£385k
Working capital
Current Assets
£1.1M
Current Liabilities
£694k
Fixed Assets
£132k
Debtors
£669k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.56 | +£43k |
| 2023 | 1.67 | +£25k |
| 2022 | 3.31 | +£162k |
| 2021 | 3.36 | -£73k |
| 2020 | 3.44 | -£26k |
| 2019 | 4.42 | +£99k |
| 2018 | 2.80 | -£33k |
| 2017 | 3.07 | — |
Derived from filed accounts. Not audited figures.