Mg Contractors Limited
06200037
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
30/04/2025
total exemption full
Next accounts due
31/01/2027
Confirmation statement
Last: 17/11/2025
Due 01/12/2026
Industry
Officers
director · Since 03/04/2007
QUANTITY SURVEYOR
BRITISH · WALES · Age 53
Also on 2 other boards
Former
secretary · Resigned 01/01/2010
corporate secretary · Resigned 03/04/2010
director · Resigned 10/07/2014
Persons with Significant Control
Mr Michael Alexander Gwilliam
British · Wales · Age 53
Estate Office,, New Dunn Business Park, Coleford, GL16 8JD
Notified 06/04/2016
Charges1 outstanding
LLOYDS TSB BANK PLC
Change History
Active
Private Limited Company
ESTATE OFFICE, NEW DUNN BUSINESS PARK
COLEFORD
CompanyRankvs 3187+ SIC 41201 peers64
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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.
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 30/04/2025
Net Worth
£45k
Balance sheet strength
Cash
£55k
Cash in the bank
Net Current Assets
£34k
Working capital
Current Assets
£120k
Current Liabilities
£86k
Fixed Assets
£24k
Debtors
£63k
Tax at Year End
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 1.39 | +£21k | £319k |
| 2024 | 1.43 | +£18k | £319k |
| 2023 | 1.61 | — | — |
Derived from filed accounts. Not audited figures.