Mgm Television (Europe) Limited
03472097
Healthy
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 07/09/2005
ACCOUNTANT
BRITISH · ENGLAND · Age 75
Also on 45 other boards
director · Since 05/08/2024
ATTORNEY
AMERICAN · UNITED STATES · Age 57
Also on 34 other boards
Persons with Significant Control
Amazon.Com.Inc.
410, Terry Avenue North, Seattle, 98109
Reg: 2620453 · United States · Corporation
Notified 10/08/2024
Former PSCs
Mr Kenneth Kay
Ceased 17/03/2022
Mr David Austin Clapham
Ceased 17/03/2022
CompanyRankvs 1131+ SIC 93290 peers67
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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
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 31/12/2024
Net Worth
£6.0M
Balance sheet strength
Cash
£814k
Cash in the bank
Profit Before Tax
£133k
Bottom line earnings
Net Current Assets
—
Working capital
Current Assets
£10.5M
Current Liabilities
£4.4M
Debtors
£9.7M
Cost of Sales
£2k
Gross Profit
£1k
Admin Expenses
-£136k
Operating Profit
£137k
Profit After Tax
£116k
Tax at Year End
People Costs
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 2.36 |
| 2022 | 1.74 |
| 2021 | 1.72 |
| 2020 | 1.62 |
| 2018 | 1.51 |
Derived from filed accounts. Not audited figures.