Mgm Ltd
02682028
Healthy
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 26/10/2011
director · Since 01/10/2012
DIRECTOR
BRITISH · ENGLAND · Age 60
Also on 46 other boards
director · Since 01/08/2020
MANAGING DIRECTOR
BRITISH · UNITED KINGDOM · Age 66
Also on 4 other boards
director · Since 18/01/2024
DIRECTOR
BRITISH · UNITED KINGDOM · Age 60
Also on 14 other boards
director · Since 01/04/2024
DIRECTOR
BRITISH · UNITED KINGDOM · Age 43
Also on 2 other boards
Persons with Significant Control
Northern Bear Construction Limited
A1 Grainger, Prestwick Park, Newcastle Upon Tyne, NE20 9SJ
Reg: 13319358 · Companies House · Private Company Limited By Shares
Notified 24/11/2021
Former PSCs
Northern Bear Plc
Ceased 24/11/2021
Charges2 outstanding
NORTHERN BEAR CONSTRUCTION LIMITED
NORTHERN BEAR PLC
YORKSHIRE BANK
CLYDESDALE BANK PLC TRADING AS YORKSHIRE BANK
THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND
THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND
THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND
THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND
LLOYDS BANK PLC
CompanyRankvs 1160+ SIC 43999 peers70
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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
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to
Key FinancialsYear ending 31/03/2025
Net Worth
£3.5M
Balance sheet strength
Cash
£1.0M
Cash in the bank
Profit Before Tax
£936k
Bottom line earnings
Net Current Assets
£3.4M
Working capital
Current Assets
£6.7M
Current Liabilities
£3.3M
Fixed Assets
£78k
Debtors
£5.6M
Cost of Sales
£12.2M
Admin Expenses
£2.1M
Profit After Tax
£743k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 2.03 |
Derived from filed accounts. Not audited figures.