M.G.N. Fire Protection Limited
03030406
Some Concerns
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 08/03/1995
FIRE PROTECTION
BRITISH · UNITED KINGDOM · Age 65
Also on 1 other board
director · Since 29/03/1996
FIRE PROOFING SPECIALIST
BRITISH · UNITED KINGDOM · Age 61
director · Since 07/03/2020
FIRE PROOFING SPECIALIST
BRITISH · UNITED KINGDOM · Age 59
director · Since 06/04/2025
DIRECTOR
BRITISH · ENGLAND · Age 27
Also on 1 other board
director · Since 06/04/2025
DIRECTOR
BRITISH · ENGLAND · Age 32
Also on 2 other boards
director · Since 06/04/2025
DIRECTOR
BRITISH · ENGLAND · Age 35
Also on 1 other board
Persons with Significant Control
Mr Bruce Monaghan
British · United Kingdom · Age 61
The Old Fire Station, The Old Fire Station, Cramlington, NE23 3JN
Notified 06/04/2016
Mr Paul Monaghan
British · United Kingdom · Age 65
The Old Fire Station, Shankhouse, Cramlington, NE23 3JN
Notified 09/03/2019
Mr Owen Monaghan
British · United Kingdom · Age 59
The Old Fire Station, Shankhouse, Cramlington, NE23 3JN
Notified 09/03/2019
Charges2 outstanding
HSBC BANK PLC
MIDLAND BANK PLC
CompanyRankvs 36+ SIC 43290 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 going co
Key FinancialsYear ending 05/04/2025
Turnover
£11.1M
Annual revenue
Net Worth
£1.8M
Balance sheet strength
Cash
£436k
Cash in the bank
Profit Before Tax
-£725k
Bottom line earnings
Net Current Assets
£1.4M
Working capital
Current Assets
£2.6M
Current Liabilities
£1.1M
Fixed Assets
£630k
Debtors
£1.6M
Cost of Sales
£7.4M
Gross Profit
£3.7M
Admin Expenses
£4.5M
Operating Profit
-£712k
Profit After Tax
-£597k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.24 | -£912k |
| 2024 | 2.92 | +£170k |
| 2023 | 2.89 | +£103k |
| 2022 | 2.50 | +£208k |
| 2021 | 2.33 | -£125k |
| 2020 | 1.97 | +£525k |
| 2019 | 2.07 | — |
Derived from filed accounts. Not audited figures.