Madgex Limited
04095107
Healthy
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 04/03/2022
SVP & CORPORATE CONTROLLER
AMERICAN · UNITED STATES · Age 60
Also on 11 other boards
director · Since 04/03/2022
DIRECTOR OF TAXATION
BRITISH · ENGLAND · Age 51
Also on 19 other boards
secretary · Since 19/01/2023
director · Since 15/08/2025
VP GLOBAL STATUTORY CONTROLLER
BRITISH · ENGLAND · Age 54
Also on 16 other boards
Persons with Significant Control
Madgex Holdings Limited
One, Gloucester Place, Brighton, BN1 4AA
Reg: 10726100 · Companies House · Corporate
Notified 11/05/2017
Former PSCs
Mr Thomas Edward Ricca-Mccarthy
Ceased 06/06/2018
Mr Glenn John Jones
Ceased 18/02/2020
Mr Daniel Eric Meadows
Ceased 18/02/2020
Mr Mark William Bedser
Ceased 18/02/2020
Charges0 outstanding
NATIONWIDE BUILDING SOCIETY
HSBC BANK PLC
CompanyRankvs 129+ SIC 62090 peers80
Show leaderboard
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
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d
Key FinancialsYear ending 30/04/2021
Turnover
£6.8M
Annual revenue
Net Worth
£5.8M
Balance sheet strength
Cash
£1.2M
Cash in the bank
Profit Before Tax
£1.1M
Bottom line earnings
Net Current Assets
£4.7M
Working capital
Current Assets
£7.4M
Current Liabilities
£2.7M
Fixed Assets
£1.1M
Debtors
£6.2M
Cost of Sales
£1.2M
Gross Profit
£5.5M
Admin Expenses
£4.4M
Operating Profit
£1.1M
Profit After Tax
£1.0M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2021 | 2.74 | +£86k |
| 2020 | 3.25 | -£1.8M |
| 2020 | 3.69 | — |
Derived from filed accounts. Not audited figures.