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Mg Courier Services Limited

05410462

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)
  • Current liabilities exceed current assets (-10)

Details

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

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 01/04/2026

Due 15/04/2027

On track

Industry

53201
Licensed carriers

Officers

Mr Gerald David Carvell

director · Since 01/01/2012

DRIVER

BRITISH · UNITED KINGDOM · Age 50

Also on 1 other board

Persons with Significant Control

Mr Gerald David Carvell

Significant control

British · England · Age 50

550, Valley Road, Nottingham, NG5 1JJ

Notified 01/04/2017

CompanyRankvs 1097+ SIC 53201 peers
52

Financial strength62th percentile among SIC peers · 16/25
Employees29th 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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How is this score calculated?
Financial strength16/25 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 RatioImplied ProfitEst. Revenue
20240.46£88k
20230.47£162k
20220.61£122k
20211.09-£974£144k
2020+£12k
2019+£2k
2018-£672

Derived from filed accounts. Not audited figures.