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M G Heating Services Limited

06847241

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

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

No risk factors detected.

Details

2 TOOMERS WHARF, NEWBURY, RG14 1DY
Incorporated 16/03/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43220
Plumbing, heat and air-conditioning installation

Officers

Mr Michael Grimes

director · Since 16/03/2009

DIRECTOR

BRITISH · WALES

Persons with Significant Control

Mr Michael Grimes

75–100% shares
75–100% votes

British · Wales

Notified 16/03/2017

CompanyRankvs 16908+ SIC 43220 peers
53

Financial strength32th percentile among SIC peers · 8/25
Employees20th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.46× · 12/20
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 strength8/25 pts

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

Employees3/15 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.

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

Key FinancialsYear ending 31/03/2026

Net Worth

£290

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

£7k

Working capital

Current Assets

£23k

Current Liabilities

£16k

Fixed Assets

£15k

Debtors

£21k

1avg. employees

Balance Sheet

Assets less current liabilities£22k
Signed by 06847241 2025-04-01 2026-03-31 06847241 2026-03-31 06847241 bus:OrdinaryShareClass1 2026-03-31 06847241 core:CurrentFinaPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20261.46—
20251.84—
20241.36-£2k
20231.43—

Derived from filed accounts. Not audited figures.