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Mgs Technical Plastics Limited

05641792

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
20/30
Financial
30/40
Risk
  • 7 outstanding charges (-10)

Details

UNIT 7 CENTURION BUSINESS PARK, BLACKBURN, BB1 2QY
Incorporated 01/12/2005

Compliance

Last accounts

31/03/2025

unaudited abridged

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 05/05/2026

Due 19/05/2027

On track

Industry

22290
Manufacture of other plastic products

Officers

Mr Neil Garrity

director · Since 19/08/2014

JOINT MANAGING DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 2 other boards

Mr Mark Anthony Preston

director · Since 17/04/2018

SALES DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 3 other boards

Mr Judson John Smythe

director · Since 19/09/2018

TECHNICAL DIRECTOR

BRITISH,SOUTH AFRICAN · ENGLAND · Age 40

Also on 4 other boards

Persons with Significant Control

Mgs Technical Group Limited

75–100% shares
75–100% votes

Unit 7, Centurion Park, Blackburn, BB1 2QY

Reg: 16760412 · Companies House · Limited Company

Notified 22/01/2026

Former PSCs

Mr John Anthony Sturgess

Ceased 22/01/2026

Charges7 outstanding

Charge
outstanding

LLOYDS BANK COMMERCIAL FINANCE LIMITED

Created 28/01/2026Registered 04/02/2026
Charge
outstanding

JOHN ANTHONY STURGESS · NEIL GARRITY

Created 22/01/2026Registered 30/01/2026
Charge
outstanding

LLOYDS BANK PLC

Created 22/01/2026Registered 26/01/2026
Charge
outstanding

LLOYDS BANK COMMERCIAL FINANCE LIMITED

Created 10/11/2021Registered 16/11/2021
Charge
outstanding

LLOYDS BANK PLC

Created 30/06/2014Registered 09/07/2014
Charge
outstanding

LLOYDS BANK PLC

Created 23/06/2014Registered 01/07/2014
Charge
outstanding

LLOYDS BANK COMMERCIAL FNANCE LTD

Created 14/04/2014Registered 14/04/2014

CompanyRankvs 456+ SIC 22290 peers
74

Financial strength94th percentile among SIC peers · 24/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.73× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1Renolit Uk Limited
90
2Vale Mill (Rochdale) Limited
90
3Pb Packaging Group Ltd
90
4Owen Greenings & Mumford Limited
90
5Jonesco (Preston) Limited
90
6Sovrin Plastics Limited
90
7Broadwater Mouldings Limited
90
8Taylor Engineering & Plastics Limited
90
9Aeroplas (U.K.) Limited
90
10Tods Defence Limited
90
456Mgs Technical Plastics Limited
80
How is this score calculated?
Financial strength24/25 pts

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

Employees14/15 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.

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 31/03/2026

Net Worth

£3.2M

Balance sheet strength

Cash

£187k

Cash in the bank

Net Current Assets

£981k

Working capital

Current Assets

£2.3M

Current Liabilities

£1.3M

Fixed Assets

£2.6M

Debtors

£1.5M

56avg. employees-3

Tax at Year End(2024)

Corp tax£22k

Balance Sheet

Assets less current liabilities£3.6M
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20261.73-£66k
20251.99+£266k
20242.10+£130k
20231.92—

Derived from filed accounts. Not audited figures.