Mgs Electrical Installations Limited
04187886
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/03/2025
total exemption full
Next accounts due
31/12/2026
Confirmation statement
Last: 27/03/2026
Due 10/04/2027
Industry
Officers
secretary · Since 27/03/2001
ELECTRICIAN
BRITISH · ENGLAND · Age 55
Also on 1 other board
director · Since 18/01/2003
ELECTRICIAN
BRITISH · ENGLAND · Age 55
Also on 4 other boards
Persons with Significant Control
Mr David Ian Syrett
British · England · Age 55
Town Wall House, Balkerne Hill, Colchester, CO3 3AD
Notified 06/04/2016
Former PSCs
Mr Godfrey Edward Batson
Ceased 06/04/2018
Charges1 outstanding
LLOYDS BANK PLC
CompanyRankvs 582+ SIC 43210 peers78
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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 31/03/2025
Net Worth
£528k
Balance sheet strength
Cash
£159k
Cash in the bank
Net Current Assets
£496k
Working capital
Current Assets
£555k
Current Liabilities
£59k
Fixed Assets
£43k
Debtors
£392k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 9.38 | -£9k |
| 2024 | 9.04 | +£17k |
| 2023 | 4.98 | +£44k |
| 2022 | 3.68 | +£12k |
| 2021 | 3.84 | — |
Derived from filed accounts. Not audited figures.