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Mg Courier Services Limited

05410462

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

550 VALLEY ROAD, NOTTINGHAM, NG5 1JJ
Incorporated 01/04/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

53201
Licensed carriers

CompanyRankvs 15050+ SIC 53201 peers
51

Financial strength61th percentile among SIC peers · 15/25
Employees28th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.46× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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1505Mg Courier Services Limited
51
How is this score calculated?
Financial strength15/25 pts

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

Employees4/15 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 31/12/2024

Net Worth

£4k

Balance sheet strength

Cash

£13k

Cash in the bank

Net Current Assets

-£16k

Working capital

Current Assets

£13k

Current Liabilities

£29k

Fixed Assets

£25k

1avg. employees-1

Tax at Year End

Corp tax£2k
VAT£4k

Director Loans

Company owes directors£18k

Balance Sheet

Assets less current liabilities£10k
Signed by Mr G D Carvell 22 September 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioEst. Revenue
20240.46£88k
20230.47£162k

Derived from filed accounts. Not audited figures.