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Mgs Trades Limited

05681865

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

12 WEST STREET, HERTFORDSHIRE, SG12 9EE
Incorporated 20/01/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43390
Other building completion and finishing

Officers

Mr Mark Albert Genever

director · Since 20/01/2006

DIRECTOR

BRITISH · ENGLAND · Age 55

Persons with Significant Control

Mr Mark Albert Genever

50–75% shares

British · England · Age 55

12 West Street, Hertfordshire, SG12 9EE

Notified 20/01/2017

CompanyRankvs 14252+ SIC 43390 peers
63

Financial strength72th percentile among SIC peers · 18/25
Employees58th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.99× · 6/20
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 strength18/25 pts

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

Employees9/15 pts

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

Liquidity6/20 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 31/01/2025

Net Worth

£20k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£841

Working capital

Current Assets

£59k

Current Liabilities

£60k

Fixed Assets

£48k

2avg. employees

Balance Sheet

Assets less current liabilities£47k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20250.99
20240.82
20230.43-£8k
20220.63-£30k
20210.31+£16k
20200.87+£6k
20190.59

Derived from filed accounts. Not audited figures.