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M.G.B. Press Brake Sections Limited

02549011

active
Private Limited Company
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

83 BAY1, KINGSWINFORD, DY6 7FL
Incorporated 16/10/1990

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 24/05/2026

Due 07/06/2027

On track

Industry

25110
Manufacture of metal structures and parts of structures

Officers

Mr Ahmed Adesina

director · Since 26/09/2025

DIRECTOR

BRITISH · ENGLAND · Age 36

Also on 4 other boards

Persons with Significant Control

Darby Holdings And Investments Ltd

75–100% shares

23, Bilston Street, Dudley, DY3 1JA

Reg: 15841326 · England And Wales · Limited Company

Notified 24/05/2025

Former PSCs

Mr Robert Darby

Ceased 26/09/2025

Charges1 outstanding

Charge
outstanding

CASTLEBRIDGE SPV LIMITED

Created 08/10/2025Registered 08/10/2025
charge
satisfied

BARCLAYS BANK PLC

Created 30/11/1990Registered 13/12/1990Satisfied 15/08/2025

CompanyRankvs 1597+ SIC 25110 peers
50

Financial strength26th percentile among SIC peers · 7/25
Employees75th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.34× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength7/25 pts

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

Employees11/15 pts

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

Liquidity12/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/10/2025

Net Worth

£134

Balance sheet strength

Cash

£21k

Cash in the bank

Net Current Assets

£78k

Working capital

Current Assets

£308k

Current Liabilities

£231k

Fixed Assets

£11k

Debtors

£268k

8avg. employees-1

Balance Sheet

Assets less current liabilities£89k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20251.34
202411.32
202312.00

Derived from filed accounts. Not audited figures.