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Mwg Technologies Ltd

05858621

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

UNIT 9, THATCHAM, RG19 3RG
Incorporated 27/06/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mrs Wendy Ann Groenewald

secretary · Since 27/06/2006

BRITISH · UNITED KINGDOM · Age 46

Mr Michael William Groenewald

director · Since 27/06/2006

SOFTWARE ENGINEER

SOUTH AFRICAN · UNITED KINGDOM · Age 49

Also on 2 other boards

Persons with Significant Control

Mr Michael William Groenewald

50–75% shares

British · United Kingdom · Age 49

Unit 9, Green Lane Industrial Estate, Thatcham, RG19 3RG

Notified 06/04/2016

Mrs Wendy Ann Groenewald

25–50% shares

British · United Kingdom · Age 46

Unit 9, Green Lane Industrial Estate, Thatcham, RG19 3RG

Notified 06/04/2016

CompanyRankvs 23140+ SIC 62090 peers
60

Financial strength53th percentile among SIC peers · 13/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.82× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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23140Mwg Technologies Ltd
56
How is this score calculated?
Financial strength13/25 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.

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 31/08/2025

Net Worth

£1k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£5k

Working capital

Current Assets

£23k

Current Liabilities

£28k

Fixed Assets

£7k

2avg. employees

Balance Sheet

Assets less current liabilities£2k
Signed by Mr Michael Groenewald 5 May 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.82+£0
20250.82+£6k
20240.62—
20231.06—

Derived from filed accounts. Not audited figures.