Mg Audit Services Ltd
06123974
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 22/02/2026
Due 08/03/2027
Industry
Officers
director · Since 22/02/2007
CHARTERED ACCOUNTANT
BRITISH · ENGLAND · Age 49
Also on 10 other boards
director · Since 01/11/2012
CHARTERED ACCOUNTANT
BRITISH · ENGLAND · Age 46
Also on 4 other boards
Persons with Significant Control
Mrs Isabel Denise Vaz Fernandes
British · England · Age 46
166, College Road, Harrow, HA1 1BH
Notified 06/04/2016
Mr Gavin Anthony Fernandes
British · United Kingdom · Age 49
166, College Road, Harrow, HA1 1BH
Notified 06/04/2016
CompanyRankvs 1553+ SIC 69201 peers83
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
£327k
Balance sheet strength
Cash
£60k
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
£417k
Current Liabilities
£90k
Debtors
£357k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 4.62 | +£117k |
| 2023 | 4.12 | +£146k |
| 2021 | 4.34 | +£19k |
| 2020 | 4.16 | +£10k |
| 2019 | 3.09 | +£4k |
| 2018 | 2.92 | — |
Derived from filed accounts. Not audited figures.