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Mgm Brickwork Contractors Ltd

06742828

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

20 HAVELOCK ROAD, HASTINGS, TN34 1BP
Incorporated 06/11/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43999
Specialised construction activities

Officers

Mark Anthony Spice

director · Since 06/11/2008

DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Mrs Vicki Spice

director · Since 06/11/2008

DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Mr Mark James Spice

director · Since 01/04/2025

BRITISH · UNITED KINGDOM · Age 34

Also on 1 other board

Persons with Significant Control

Mr Mark Anthony Spice

25–50% shares
25–50% votes

British · United Kingdom · Age 61

20 Havelock Road, Hastings, TN34 1BP

Notified 06/04/2016

Mr Mark James Spice

25–50% shares
25–50% votes

British · United Kingdom · Age 34

Unit 2.02, High Weald House, Bexhill On Sea, TN39 5ES

Notified 01/02/2025

Charges1 outstanding

charge
outstanding

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 25/02/2013Registered 27/02/2013

CompanyRankvs 9234+ SIC 43999 peers
49

Financial strength71th percentile among SIC peers · 18/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 1.24× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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9234Mgm Brickwork Contractors Ltd
69
How is this score calculated?
Financial strength18/25 pts

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

Employees9/15 pts

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

Liquidity12/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. The directors have made an assessment about the company's ability to continue as a going concern and they do not consider there to be any material uncertainties. As a result they have adopted the going concern basis of accounting. Turnover Turnover represents net invoiced sales of good, ex

Key FinancialsYear ending 30/11/2025

Net Worth

£33k

Balance sheet strength

Cash

£32k

Cash in the bank

Net Current Assets

£17k

Working capital

Current Assets

£86k

Current Liabilities

£69k

Fixed Assets

£20k

Debtors

£54k

2avg. employees

Tax at Year End

Corp tax£32k

Balance Sheet

Assets less current liabilities£36k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.24+£14k
20241.45+£14k
20231.39—

Derived from filed accounts. Not audited figures.