Back to search

Mgps Property Limited

05915839

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

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

Details

2 BARNARD ROAD, NORWICH, NR5 9JB
Incorporated 24/08/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Muraleethar Govindasamy

director · Since 24/08/2006

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 2 other boards

Persons with Significant Control

Mr Muraleethar Govindasamy

75–100% shares
75–100% votes
Appoint directors
significant-influence-or-control-as-firm

British · England · Age 55

2, Barnard Road, Norwich, NR5 9JB

Notified 24/08/2016

Charges9 outstanding

Charge
outstanding

LANDBAY PARTNERS LIMITED

Created 23/02/2024Registered 23/02/2024
Charge
outstanding

LENDINVEST BTL LIMITED

Created 22/12/2021Registered 22/12/2021
Charge
outstanding

LENDINVEST BTL LIMITED

Created 19/07/2021Registered 21/07/2021
Charge
outstanding

LENDINVEST BTL LIMITED

Created 19/07/2021Registered 21/07/2021
Charge
satisfied

CHARLES STREET COMMERCIAL INVESTMENTS LIMITED

Created 13/09/2019Registered 17/09/2019Satisfied 05/10/2021
Charge
satisfied

CHARLES STREET COMMERCIAL INVESTMENTS LIMITED

Created 26/01/2017Registered 04/02/2017Satisfied 20/04/2021
Charge
outstanding

ONESAVINGS BANK PLC

Created 14/10/2016Registered 18/10/2016
Charge
satisfied

ONESAVINGS BANK PLC

Created 09/10/2013Registered 10/10/2013Satisfied 12/05/2021
charge
satisfied

BARCLAYS BANK PLC

Created 17/11/2011Registered 23/11/2011Satisfied 17/06/2021
charge
outstanding

MORTGAGE WORKS (UK) PLC

Created 11/06/2008Registered 13/06/2008
charge
outstanding

MORTGAGE EXPRESS

Created 05/01/2007Registered 11/01/2007
charge
outstanding

MORTGAGE EXPRESS

Created 08/01/2007Registered 11/01/2007
charge
outstanding

MORTGAGE EXPRESS

Created 03/01/2007Registered 05/01/2007

CompanyRankvs 81284+ SIC 68209 peers
46

Financial strength84th percentile among SIC peers · 21/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.21× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1The Lower Norwood Co-Operative Building Company Limited
90
2Liverpool And Chester Property Company Limited
90
3Grange Park Investments Limited
90
4Sherborne Cottage Building Company,Limited(The)
90
5Gaunts Limited
90
6S.E.Redfern Limited
90
7Chisholm & Company (Holdings) Limited
90
8John Horsfall & Sons(Greetland),Limited
90
9British And Foreign Wharf Company Limited(The)
90
10Webb & Son (Combs)Limited
90
81284Mgps Property Limited
56
How is this score calculated?
Financial strength21/25 pts

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

Employees3/15 pts

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

Liquidity2/20 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 31/12/2024

Turnover

£117k

Annual revenue

Net Worth

£219k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£572k

Working capital

Current Assets

£155k

Current Liabilities

£727k

Fixed Assets

£2.1M

Profit After Tax

-£186k

0avg. employees

Balance Sheet

Depreciation£0
Assets less current liabilities£1.5M
Signed by 1.1.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20240.21+£50k
20230.50+£11k
20220.50+£16k
20210.48+£21k
20200.82+£9k
20190.88+£16k
20180.80—

Derived from filed accounts. Not audited figures.