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Mgb (Burnley) Limited

05135164

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

FIRST FLOOR, BLACKBURN, BB2 1JX
Incorporated 21/05/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Philip James Howarth

director · Since 05/06/2023

DIRECTOR

BRITISH · ENGLAND · Age 39

Mr John Ashley Mcdonald

director · Since 05/06/2023

DIRECTOR

BRITISH · ENGLAND · Age 36

Also on 8 other boards

Persons with Significant Control

Ashley James Properties Ltd

75–100% shares

First Floor, 6-8, Lord Street West, Blackburn, BB2 1JX

Reg: 10634659 · England · Limited Company

Notified 24/07/2023

Former PSCs

Mr Terry Grogan

Ceased 24/06/2023

Charges0 outstanding

Charge
satisfied

NATIONWIDE FINANCE LIMITED

Created 25/10/2022Registered 25/10/2022Satisfied 10/03/2026
Charge
satisfied

NATIONWIDE FINANCE LIMITED

Created 19/10/2022Registered 20/10/2022Satisfied 10/03/2026
Charge
satisfied

LLOYDS BANK PLC

Created 18/12/2018Registered 18/12/2018Satisfied 21/04/2022
Charge
satisfied

LANCASHIRE MORTGAGE CORPORATION LIMITED

Created 24/04/2015Registered 15/05/2015Satisfied 21/06/2022
Charge
satisfied

LANCASHIRE MORTGAGE CORPORATION LIMITED

Created 24/04/2015Registered 15/05/2015Satisfied 21/06/2022
charge
satisfied

LANCASHIRE MORTGAGE CORPORATION LIMITED

Created 16/12/2008Registered 19/12/2008Satisfied 21/06/2022
charge
satisfied

LANCASHIRE MORTGAGE CORPORATION LIMITED

Created 16/12/2008Registered 19/12/2008Satisfied 21/04/2022
charge
satisfied

LANCASHIRE MORTGAGE CORPORATION LIMITED

Created 19/12/2007Registered 03/01/2008Satisfied 21/04/2022
charge
satisfied

BANK OF SCOTLAND PLC

Created 16/11/2007Registered 30/11/2007Satisfied 21/04/2022
charge
satisfied

BANK OF SCOTLAND PLC

Created 16/11/2007Registered 30/11/2007Satisfied 21/04/2022
charge
satisfied

BANK OF SCOTLAND PLC

Created 16/11/2007Registered 30/11/2007Satisfied 21/04/2022
charge
satisfied

BANK OF SCOTLAND PLC

Created 16/11/2007Registered 30/11/2007Satisfied 21/04/2022
charge
satisfied

BANK OF SCOTLAND PLC

Created 16/11/2007Registered 30/11/2007Satisfied 21/04/2022
charge
satisfied

BANK OF SCOTLAND PLC

Created 16/11/2007Registered 30/11/2007Satisfied 21/04/2022
charge
satisfied

LANCASHIRE MORTGAGE CORPORATION LIMITED

Created 09/02/2007Registered 14/02/2007Satisfied 21/04/2022
charge
satisfied

BARCLAYS BANK PLC

Created 18/07/2006Registered 01/08/2006Satisfied 21/06/2022

CompanyRankvs 49266+ SIC 68209 peers
64

Financial strength80th percentile among SIC peers · 20/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.07× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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49266Mgb (Burnley) Limited
64
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.

Employees12/15 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 31/05/2025

Net Worth

£140k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£72k

Working capital

Current Assets

£5k

Current Liabilities

£77k

Fixed Assets

£261k

2avg. employees

Balance Sheet

Assets less current liabilities£190k
Signed by 05135164 2024-06-01 2025-05-31 05135164 2025-05-31 05135164 core:CurrentFinancialInstruments core:WithinOneYear 2025-05-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20250.07+£0
20250.07+£40k
20240.13+£55k
20230.05—

Derived from filed accounts. Not audited figures.