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Mugen Euro Co., Limited

05965443

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

MUGEN TECHNICAL CENTRE SNOWDON DRIVE, MILTON KEYNES, MK6 1AP
Incorporated 12/10/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

29320
Manufacture of other parts and accessories for motor vehicles

Officers

Mr Akihiro Miyata

director · Since 01/05/2024

COMPANY DIRECTOR

JAPANESE · JAPAN · Age 55

Mr Yoshihiro Nezu

director · Since 01/01/2025

COMPANY DIRECTOR

JAPANESE · ENGLAND · Age 62

Persons with Significant Control

M-Tec Co Ltd

75–100% shares

2-15-11, Hizaori-Cho, Asaka-Shi

Reg: N/A · Japan · Limited Liability Company

Notified 12/10/2016

Charges1 outstanding

charge
outstanding

HSBC BANK PLC

Created 13/04/2007Registered 21/04/2007

CompanyRankvs 51+ SIC 29320 peers
78

Financial strength98th percentile among SIC peers · 25/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 13.31× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees13/15 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 31/12/2024

Net Worth

£4.6M

Balance sheet strength

Cash

£1.3M

Cash in the bank

Net Current Assets

£1.7M

Working capital

Current Assets

£1.9M

Current Liabilities

£142k

Fixed Assets

£3.0M

Debtors

£474k

6avg. employees

Balance Sheet

Intangible assets£16k
Assets less current liabilities£4.7M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202413.31-£149k
202315.62

Derived from filed accounts. Not audited figures.