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M G B News Ltd

04580817

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

539 HALESOWEN ROAD, WARLEY, B64 7JE
Incorporated 04/11/2002

Compliance

Last accounts

31/01/2025

total exemption full

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 04/11/2025

Due 18/11/2026

On track

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating

Officers

Narinder Singh

secretary · Since 14/09/2007

SECY

BRITISH · Age 47

Mr Narinder Singh

director · Since 20/12/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Persons with Significant Control

Mr Balbinder Singh

25–50% shares
25–50% votes
Appoint directors

British · England · Age 69

539 Halesowen Road, Warley, B64 7JE

Notified 04/11/2016

CompanyRankvs 1817+ SIC 47110 peers
75

Financial strength65th percentile among SIC peers · 16/25
Employees63th percentile among SIC peers · 9/15
LiquidityCurrent ratio 13.86× · 20/20
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 strength16/25 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.

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 31/01/2025

Net Worth

£20k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

£32k

Working capital

Current Assets

£35k

Current Liabilities

£2k

Fixed Assets

£53k

4avg. employees

Balance Sheet

Intangible assets£31k
Bank loans & overdrafts£8k
Assets less current liabilities£85k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
202513.86-£6k
202413.39-£23k
202323.47-£22k
202257.44-£4k
202158.52-£7k
20209.50-£8k
201912.75

Derived from filed accounts. Not audited figures.