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Mg Trading Uk Ltd

06819062

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

THE OAKLEY, DROITWICH, WR9 9AY
Incorporated 13/02/2009

Compliance

Last accounts

31/01/2025

total exemption full

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 13/01/2026

Due 27/01/2027

On track

Industry

47540
Retail sale of electrical household appliances in specialised stores

Officers

Mr Michael James Galloway

secretary · Since 13/02/2009

BRITISH · UNITED KINGDOM · Age 68

Also on 7 other boards

Mr Michael James Galloway

director · Since 13/02/2009

DIRECTOR

BRITISH · UNITED KINGDOM · Age 68

Also on 7 other boards

Ms Catherine Ward

director · Since 13/02/2009

DIRECTOR

BRITISH · ENGLAND · Age 53

Persons with Significant Control

Mr Micheal James Galloway

75–100% shares

English · England · Age 68

7a, Lowesmoor, Worcester, WR1 2RS

Notified 06/04/2016

Mr Michael James Galloway

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 68

7a, Lowesmoor, Worcester, WR1 2RS

Notified 06/04/2016

CompanyRankvs 673+ SIC 47540 peers
71

Financial strength63th percentile among SIC peers · 16/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 1.78× · 16/20
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 strength16/25 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.

Liquidity16/20 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 31/01/2025

Net Worth

£16k

Balance sheet strength

Cash

£15k

Cash in the bank

Net Current Assets

£16k

Working capital

Current Assets

£37k

Current Liabilities

£21k

Fixed Assets

£57

Debtors

£1k

2avg. employees

Tax at Year End(2019)

Corp tax£7k

Balance Sheet

Assets less current liabilities£16k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.78-£29k
20245.85+£4k
20232.15+£5k
20221.32-£5k
20201.32-£7k
20191.58+£569
20181.79

Derived from filed accounts. Not audited figures.