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Mgn Uk Limited

04478042

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

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

Details

16 CLIVEDEN PLACE, LONDON, SW1W 8LA
Incorporated 04/07/2002

Compliance

Last accounts

30/06/2025

total exemption full

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 04/07/2025

Due 18/07/2026

On track

Industry

46410
Wholesale of textiles

Officers

Mr Michael Gerard Nathan

director · Since 04/07/2002

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 6 other boards

Mr Philip Nathan

secretary · Since 28/07/2015

Persons with Significant Control

Mr Michael Gerard Nathan

75–100% shares

British · United Kingdom · Age 58

16 Cliveden Place, London, SW1W 8LA

Notified 06/04/2016

CompanyRankvs 802+ SIC 46410 peers
65

Financial strength91th percentile among SIC peers · 23/25
Employees67th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.38× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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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.

Employees10/15 pts

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

Liquidity2/20 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 30/06/2025

Net Worth

£449k

Balance sheet strength

Cash

£26k

Cash in the bank

Net Current Assets

-£48k

Working capital

Current Assets

£30k

Current Liabilities

£78k

Fixed Assets

£498k

Debtors

£3k

2avg. employees

Tax at Year End(2024)

Corp tax£4k

People Costs(2024)

Wages & salaries£3k

Balance Sheet

Assets less current liabilities£449k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20250.38+£114k
20240.63+£71k
20230.34+£20k
20220.49

Derived from filed accounts. Not audited figures.