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Mg Properties (London) Limited

04054623

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

40 BICKLEY ROAD, E10 7AQ
Incorporated 17/08/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Ratinderpal Phull

secretary · Since 17/08/2000

BRITISH · Age 62

Also on 2 other boards

Mark Bomer

director · Since 17/08/2000

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 61

Mr Amarjit Singh Phull

director · Since 17/08/2000

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 3 other boards

Persons with Significant Control

Miss Daljit Bomer

25–50% shares

British · England · Age 70

3d Portman, Chiltern Street, London, W1U 5AN

Notified 12/06/2024

Miss Ratinderpal Phull

25–50% shares

British · England · Age 62

40, Bickley Road, London, E10 7AQ

Notified 12/06/2024

Former PSCs

Mr Mark Bomer

Ceased 12/06/2024

Charges2 outstanding

Charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 09/05/2014Registered 22/05/2014
Charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 09/05/2014Registered 22/05/2014

CompanyRankvs 56916+ SIC 68209 peers
56

Financial strength84th percentile among SIC peers · 21/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.6× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength21/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees9/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

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 31/01/2026

Net Worth

£239k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£2k

Working capital

Current Assets

£4k

Current Liabilities

£6k

Fixed Assets

£241k

1avg. employees

Balance Sheet

Assets less current liabilities£239k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20260.60-£4k
20251.58+£3k
20246.71+£18k
20230.40—

Derived from filed accounts. Not audited figures.