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Mg Group (Professional Services) Ltd

06122679

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

Healthy

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

Details

166 COLLEGE ROAD, HARROW, HA1 1BH
Incorporated 21/02/2007

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 21/02/2026

Due 07/03/2027

On track

Industry

69201
Accounting and auditing activities

Officers

Mr Gavin Anthony Fernandes

director · Since 21/02/2007

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 49

Also on 10 other boards

Mr Gary Ian Fernandes

director · Since 01/11/2012

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 46

Also on 4 other boards

Mrs Isabel Vaz Fernandes

director · Since 01/05/2014

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 46

Persons with Significant Control

Mg Group (Holdings) Ltd

75–100% shares
75–100% votes

166, College Road, Harrow, HA1 1BH

Reg: 05880545 · Companies House · Limited Company

Notified 06/04/2016

Mr Gavin Anthony Fernandes

Appoint directors

British · United Kingdom · Age 49

166, College Road, Harrow, HA1 1BH

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

HSBC BANK PLC

Created 01/08/2012Registered 03/08/2012Satisfied 07/09/2021

CompanyRankvs 7347+ SIC 69201 peers
75

Financial strength95th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.74× · 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 strength24/25 pts

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

Employees15/15 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 31/12/2024

Net Worth

£318k

Balance sheet strength

Cash

£223k

Cash in the bank

Net Current Assets

-£214k

Working capital

Current Assets

£608k

Current Liabilities

£822k

Fixed Assets

£532k

Debtors

£385k

22avg. employees-1

Balance Sheet

Intangible assets£517k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.74-£63k
20230.94+£144k
20220.92+£36k
20211.29+£153k
20200.85+£19k
20190.72+£17k
20180.72

Derived from filed accounts. Not audited figures.