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Mgps Developments Ltd.

05179317

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

2 BARNARD ROAD, NORWICH, NR5 9JB
Incorporated 14/07/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

99999
Dormant company

Officers

Mr Muraleethar Govindasamy

director · Since 14/07/2004

HOTELIER

BRITISH · ENGLAND · Age 55

Also on 2 other boards

Persons with Significant Control

Mr Muraleethar Govindasamy

Significant control

British · England · Age 55

2, Barnard Road, Norwich, NR5 9JB

Notified 14/07/2016

Charges2 outstanding

Charge
satisfied

CHARLES STREET COMMERCIAL INVESTMENTS LIMITED

Created 26/01/2017Registered 04/02/2017Satisfied 30/01/2024
charge
outstanding

BARCLAYS BANK PLC

Created 17/11/2011Registered 23/11/2011
charge
satisfied

BARCLAYS BANK PLC

Created 14/01/2005Registered 18/01/2005Satisfied 30/01/2024
charge
satisfied

BARCLAYS BANK PLC

Created 10/12/2004Registered 16/12/2004Satisfied 30/01/2024
charge
outstanding

BARCLAYS BANK PLC

Created 22/11/2004Registered 03/12/2004

CompanyRankvs 1557+ SIC 99999 peers
66

Financial strength96th percentile among SIC peers · 24/25
Employees67th percentile among SIC peers · 10/15
LiquidityCurrent ratio 1.49× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 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.

Liquidity12/20 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 31/12/2024

Turnover

£0

Annual revenue

Net Worth

£89k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£89k

Working capital

Current Assets

£272k

Current Liabilities

£183k

Fixed Assets

£0

Profit After Tax

-£64

0avg. employees

Balance Sheet

Depreciation£0
Assets less current liabilities£89k
Signed by 1.1.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20241.49-£64
20231.49-£96
20221.49-£96
20211.49-£79
20201.49-£38
20192.47-£64
20182.47

Derived from filed accounts. Not audited figures.