Mg Business Administration Ltd
06916602
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 27/05/2009
DIRECTOR
BULGARIAN · ENGLAND · Age 51
Also on 5 other boards
director · Since 16/03/2026
BRITISH · ENGLAND · Age 50
Also on 2 other boards
Persons with Significant Control
Mr Mihail Hristov Garkov
Bulgarian · England · Age 51
63, Loveridge Road, London, NW6 2DR
Notified 06/04/2016
Mrs Miroslava Galabova Garkova
British · England · Age 50
63, Loveridge Road, London, NW6 2DR
Notified 31/03/2025
CompanyRankvs 163+ SIC 82110 peers85
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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 05/04/2025
Net Worth
£508k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£518k
Working capital
Current Assets
£789k
Current Liabilities
£271k
Fixed Assets
£5k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.91 | -£133k |
| 2024 | 4.48 | +£245k |
| 2023 | 4.40 | +£199k |
| 2022 | 2.47 | +£189k |
| 2021 | 1.08 | -£16k |
| 2020 | 1.28 | +£16k |
| 2019 | 1.24 | +£4k |
| 2018 | 1.13 | — |
Derived from filed accounts. Not audited figures.