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M.G Insurance Consultants Limited

03315805

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

STALEY HOUSE, STALYBRIDGE, SK15 2LF
Incorporated 10/02/1997

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

66220
Activities of insurance agents and brokers

Officers

John David Page

director · Since 31/05/2022

DIRECTOR

BRITISH · ENGLAND · Age 60

Mr Alistair Charles Peel

secretary · Since 31/07/2025

Persons with Significant Control

Mgic Holdings Limited

75–100% shares

Staley House, Hassall Street, Stalybridge, SK15 2LF

Reg: 07606561 · Companies House, Cardiff · Limited Company

Notified 02/03/2022

Former PSCs

Mr Michael Allan Bond

Ceased 02/03/2022

Charges0 outstanding

charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 05/01/2001Registered 11/01/2001Satisfied 02/08/2011
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 10/12/1998Registered 31/12/1998Satisfied 02/08/2011

CompanyRankvs 24+ SIC 66220 peers
89

Financial strength98th percentile among SIC peers · 25/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.31× · 20/20
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 strength25/25 pts

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

Employees14/15 pts

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

Liquidity20/20 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 31/10/2021

Net Worth

£1.8M

Balance sheet strength

Cash

£1.6M

Cash in the bank

Net Current Assets

£1.8M

Working capital

Current Assets

£3.1M

Current Liabilities

£1.3M

Fixed Assets

£40k

Debtors

£688k

17avg. employees+1

Balance Sheet

Assets less current liabilities£1.8M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20212.31+£198k
20202.49+£27k
20192.66

Derived from filed accounts. Not audited figures.