Mgp Steel Erection Limited
03527474
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 13/03/1998
STEEL ERECTOR
BRITISH · UNITED KINGDOM · Age 59
Also on 2 other boards
Persons with Significant Control
Mr Mel Graham Pocock
British · United Kingdom · Age 59
Pipers Farm, Hollow Lane, East Hoathly, BN8 6QX
Notified 06/04/2016
Charges1 outstanding
THE ROYAL BANK OF SCOTLAND PLC
CompanyRankvs 407+ SIC 43999 peers79
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2025
Net Worth
£1.3M
Balance sheet strength
Cash
£402k
Cash in the bank
Net Current Assets
£1.2M
Working capital
Current Assets
£1.9M
Current Liabilities
£661k
Fixed Assets
£170k
Debtors
£1.4M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.82 | -£34k |
| 2024 | 2.53 | -£68k |
| 2023 | 2.71 | -£36k |
| 2022 | 2.73 | -£127k |
| 2021 | 2.69 | — |
Derived from filed accounts. Not audited figures.