Back to search

M. G. (Antiques) Limited

04972307

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

GLEBE HOUSE FARM, CARNFORTH, LA6 3PJ
Incorporated 21/11/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47791
Retail sale of antiques including antique books in stores

Officers

Rebecca Louise Griffiths

secretary · Since 21/11/2003

BRITISH

Miles Edward Griffiths

director · Since 21/11/2003

ANTIQUES DEALER

BRITISH · ENGLAND · Age 55

Mrs Rebecca Louise Griffiths

director · Since 01/08/2017

DIRECTOR

BRITISH · ENGLAND · Age 53

Persons with Significant Control

Mr Miles Edward Griffiths

75–100% shares

British · England · Age 55

Glebe House Farm, Thornton In Lonsdale, Carnforth, LA6 3PJ

Notified 21/11/2016

Charges2 outstanding

Charge
outstanding

HSBC BANK PLC

Created 25/02/2016Registered 29/02/2016
charge
outstanding

HSBC BANK PLC

Created 06/02/2007Registered 10/02/2007

CompanyRankvs 499+ SIC 47791 peers
60

Financial strength80th percentile among SIC peers · 20/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.88× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength20/25 pts

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

Employees14/15 pts

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

Liquidity6/20 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.

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 30/11/2024

Net Worth

£92k

Balance sheet strength

Cash

£23k

Cash in the bank

Net Current Assets

-£5k

Working capital

Current Assets

£37k

Current Liabilities

£42k

Fixed Assets

£197k

Debtors

£885

4avg. employees

Tax at Year End(2022)

Corp tax£6k

Director Loans(2021)

Company owes directors£2k

Balance Sheet

Intangible assets£3k
Bank loans & overdrafts£75k
Assets less current liabilities£192k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.88+£67k
20230.46+£19k
20220.49-£6k
20210.87+£2k
20201.00
20190.54
20180.42

Derived from filed accounts. Not audited figures.