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Mg Metal Holdings Ltd

05264969

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

UNIT 2 DOLPHIN PARK, SITTINGBOURNE, ME10 3HB
Incorporated 20/10/2004

Compliance

Last accounts

30/04/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 22/06/2025

Due 06/07/2026

On track

Industry

74990
Non-trading company

Officers

Mr David James Simon Hunter

director · Since 29/10/2024

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 37

Also on 4 other boards

Persons with Significant Control

Doré Metal Services Southern Limited

75–100% shares
75–100% votes
Appoint directors

Unit 2, Dolphin Park, Sittingbourne, ME10 3HB

Reg: 01789969 · Companies House · Private Limited Company

Notified 29/10/2024

Former PSCs

Mr Steven John Campbell

Ceased 04/05/2021

Mr Simon Derek Clarke

Ceased 20/10/2016

Mr Peter John Jerome

Ceased 29/10/2024

Mrs Tina Louise Gwendaline Jerome

Ceased 29/10/2024

Charges0 outstanding

charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 29/10/2004Registered 03/11/2004Satisfied 23/10/2024

CompanyRankvs 3402+ SIC 74990 peers
63

Financial strength72th percentile among SIC peers · 18/25
Employees98th percentile among SIC peers · 15/15
LiquidityNo balance sheet data · 0/20
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 strength18/25 pts

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

Employees15/15 pts

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

Liquidity0/20 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 30/04/2024

Net Worth

£111

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£1.2M

Working capital

Current Assets

Current Liabilities

£1.2M

5avg. employees-1

Balance Sheet

Assets less current liabilities£121k
Prepared with IRIS Accounts Production