Mg Promotions Limited
03884199
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
30/11/2024
unaudited abridged
Next accounts due
29/08/2026
Confirmation statement
Last: 08/10/2025
Due 22/10/2026
Industry
Officers
secretary · Since 29/11/1999
CONSULTANT
BRITISH · ENGLAND · Age 65
Also on 7 other boards
director · Since 29/11/1999
CONSULTANT
BRITISH · ENGLAND · Age 65
Also on 7 other boards
Persons with Significant Control
Ms Maureen Elizabeth Greene
British · England · Age 65
Orion House, 5 Upper St. Martin's Lane, London, WC2H 9EA
Notified 06/04/2016
Former PSCs
Mrs Caroline Greene
Ceased 16/09/2020
Charges1 outstanding
THE ROYAL LONDON MUTUAL INSURANCE SOCIETY LIMITED
CompanyRankvs 128608+ SIC 82990 peers29
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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 30/11/2024
Net Worth
-£57k
Balance sheet strength
Cash
£41k
Cash in the bank
Net Current Assets
-£59k
Working capital
Current Assets
£90k
Current Liabilities
£149k
Fixed Assets
£19k
Debtors
£49k
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.60 | -£47k |
| 2023 | 0.99 | -£53k |
| 2022 | 1.33 | +£8k |
| 2021 | 1.21 | -£4k |
| 2020 | 1.24 | -£29k |
| 2019 | 1.57 | +£335 |
| 2018 | 1.25 | — |
Derived from filed accounts. Not audited figures.