Back to search

M.A.G. Engineering Services Limited

05575855

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

UNIT 9C, MIRY LANE, WN6 7LA
Incorporated 27/09/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr Michael Bushell

secretary · Since 15/11/2005

SHEET METAL WORKER

BRITISH · ENGLAND · Age 51

Also on 1 other board

Mr Michael Bushell

director · Since 15/11/2005

SHEET METAL WORKER

BRITISH · UNITED KINGDOM · Age 51

Also on 1 other board

Mr Gareth Ashley Stanton

director · Since 15/11/2005

FAB WELDER

BRITISH · UNITED KINGDOM · Age 47

Persons with Significant Control

Mr Michael Bushell

25–50% shares
25–50% votes

British · United Kingdom · Age 51

31, Wilmslow Road, Stockport, SK8 1DR

Notified 06/04/2016

Mr Gareth Ashley Stanton

25–50% shares
25–50% votes

British · United Kingdom · Age 47

31, Wilmslow Road, Stockport, SK8 1DR

Notified 06/04/2016

Charges2 outstanding

charge
outstanding

BRITTISH WATERWAYS BOARD

Created 04/08/2006Registered 12/08/2006
charge
outstanding

CLOSE INVOICE FINANCE LIMITED

Created 10/05/2006Registered 12/05/2006

CompanyRankvs 2391+ SIC 25990 peers
57

Financial strength62th percentile among SIC peers · 16/25
Employees9th percentile among SIC peers · 1/15
LiquidityCurrent ratio 2.1× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1Samuel Taylor,Limited
90
2Smith Brothers (Leicester) Limited
90
3Hospital Metalcraft Limited
90
4Carpenter & Paterson Limited
90
5Wicksteed Leisure Limited
90
6Fsg Tool & Die Limited
90
7William Smith Group 1832 Limited
90
8Arrowsmith Engineering (Coventry) Limited
90
9Destec Engineering Limited
90
10O.L.D. Engineering Company Limited
90
2391M.A.G. Engineering Services Limited
67
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.

Employees1/15 pts

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

Liquidity20/20 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 31/03/2025

Net Worth

£113k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£97k

Working capital

Current Assets

£170k

Current Liabilities

£81k

Fixed Assets

£27k

0avg. employees-6

Balance Sheet

Assets less current liabilities£123k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20252.10+£11k
20242.17-£20k
20232.27-£41k
20223.02+£9k
20212.61—

Derived from filed accounts. Not audited figures.