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Mg Diamonds Ltd

05537249

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

16 LINGWOOD ROAD, E5 9BN
Incorporated 16/08/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46480
Wholesale of watches and jewellery

Officers

Mrs Esther Rachel Gertner

secretary · Since 16/08/2005

BRITISH · ENGLAND · Age 50

Also on 15 other boards

Mr Mendi Gertner

director · Since 16/08/2005

DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Also on 2 other boards

Mrs Esther Rachel Gertner

director · Since 27/03/2026

BRITISH · ENGLAND · Age 50

Also on 15 other boards

Persons with Significant Control

Mr Mendi Gertner

25–50% shares

British · England · Age 51

16 Lingwood Road, E5 9BN

Notified 01/08/2023

Mrs Esther Rachel Gertner

25–50% shares

British · England · Age 50

16 Lingwood Road, E5 9BN

Notified 01/08/2023

CompanyRankvs 215+ SIC 46480 peers
79

Financial strength86th percentile among SIC peers · 22/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.6× · 16/20
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 strength22/25 pts

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

Employees11/15 pts

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

Liquidity16/20 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 30/09/2025

Net Worth

£122k

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

£121k

Working capital

Current Assets

£321k

Current Liabilities

£200k

Fixed Assets

£2k

Debtors

£20k

2avg. employees

Balance Sheet

Assets less current liabilities£122k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.60-£12k
20241.86-£3k
20232.28+£4k
20222.37+£28k
20212.12+£6k
20203.15-£2k
20192.63-£8k
20182.71

Derived from filed accounts. Not audited figures.