M & G Decorators Limited
04868334
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Paul Melvin Gausden
British · England · Age 62
23, St Leonards Road, Bexhill-On-Sea, TN40 1HH
Notified 15/08/2016
Former PSCs
Mrs Pia Franziska Gausden
Ceased 06/04/2017
CompanyRankvs 5014+ SIC 43341 peers47
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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
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
the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the compan
Key FinancialsYear ending 31/03/2025
Net Worth
£1k
Balance sheet strength
Cash
£12k
Cash in the bank
Net Current Assets
-£473
Working capital
Current Assets
£12k
Current Liabilities
£13k
Fixed Assets
£3k
Debtors
£455
Tax at Year End(2024)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.96 | -£1k |
| 2024 | 0.97 | -£12k |
| 2023 | 2.32 | — |
| 2022 | 0.69 | — |
| 2021 | 0.83 | — |
| 2020 | 0.93 | — |
| 2019 | 0.93 | — |
Derived from filed accounts. Not audited figures.