Mgm Cars (Northern) Limited
03731674
Healthy
- No accounts filed in last 18 months (-5)
Details
Compliance
Last accounts
31/10/2024
total exemption full
Next accounts due
31/07/2026
Confirmation statement
Last: 06/03/2026
Due 20/03/2027
Industry
Officers
Persons with Significant Control
Mr Thomas Dillion
British · England · Age 74
Building 15, Gateway 1000, Stevenage, SG1 2FP
Notified 06/04/2016
Mr Benjamin Dillion
British · England · Age 50
Building 15, Gateway 1000, Stevenage, SG1 2FP
Notified 06/04/2016
CompanyRankvs 40+ SIC 59111 peers89
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/10/2024
Net Worth
£346k
Balance sheet strength
Cash
£219k
Cash in the bank
Net Current Assets
£266k
Working capital
Current Assets
£382k
Current Liabilities
£116k
Fixed Assets
£105k
Debtors
£152k
Tax at Year End(2023)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 3.30 | -£125k |
| 2023 | 3.57 | -£23k |
| 2022 | 3.66 | +£55k |
| 2021 | 3.02 | +£210k |
| 2020 | 3.47 | -£175k |
| 2019 | 3.24 | -£10k |
| 2018 | 2.67 | — |
Derived from filed accounts. Not audited figures.