Mg Drainage Limited
03929972
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 31/01/2023
Persons with Significant Control
Mrs Rebecca Grant
British · England · Age 59
Suite 7a,, Building 6, Watford, WD18 8YH
Notified 12/11/2018
Former PSCs
Mr Michael Grant
Ceased 01/02/2023
Mrs Rebecca Grant
Ceased 07/04/2016
CompanyRankvs 425+ SIC 39000 peers72
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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 30/06/2025
Net Worth
£179k
Balance sheet strength
Cash
£159k
Cash in the bank
Net Current Assets
£106k
Working capital
Current Assets
£293k
Current Liabilities
£6k
Fixed Assets
£106k
Debtors
£128k
Tax at Year End(2022)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 45.92 | +£0 |
| 2025 | 45.92 | -£67k |
| 2024 | 2.14 | -£19k |
| 2023 | 3.50 | -£71k |
| 2022 | 3.30 | +£36k |
| 2021 | 3.22 | +£77k |
| 2020 | 2.50 | -£24k |
| 2019 | 2.49 | — |
Derived from filed accounts. Not audited figures.