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M G M Contracts Limited

04366888

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

C/O HAINES WATTS WOLVERHAMPTON LIMITED KEEPERS LANE, WOLVERHAMPTON, WV6 8UA
Incorporated 05/02/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Nichola Moulds

director · Since 05/02/2002

DIRECTOR

BRITISH · SPAIN · Age 51

Persons with Significant Control

Nichola Moulds

75–100% shares

British · Spain · Age 51

C/O Haines Watts Wolverhampton Limited, Keepers Lane, Wolverhampton, WV6 8UA

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

AIB GROUP (UK) P.L.C.

Created 08/08/2003Registered 27/08/2003Satisfied 27/09/2018
charge
satisfied

MARK EDWARD SMITH

Created 08/04/2003Registered 25/04/2003Satisfied 10/12/2003
charge
satisfied

AIB GROUP (UK) P.L.C.

Created 25/04/2002Registered 14/05/2002Satisfied 27/09/2018
charge
satisfied

AIB GROUP (UK) P.L.C.

Created 25/04/2002Registered 14/05/2002Satisfied 27/09/2018

CompanyRankvs 2006+ SIC 68100 peers
85

Financial strength92th percentile among SIC peers · 23/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 85.37× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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2006M G M Contracts Limited
85
How is this score calculated?
Financial strength23/25 pts

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

Employees12/15 pts

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

Liquidity20/20 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 28/02/2025

Net Worth

£393k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£349k

Working capital

Current Assets

£353k

Current Liabilities

£4k

Fixed Assets

£434k

2avg. employees

Balance Sheet

Assets less current liabilities£783k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202585.37-£29k
202422.22+£246k
20231.67-£26k
202221.38+£14k
202115.96+£16k
202014.08+£6k
201920.07—

Derived from filed accounts. Not audited figures.