Mgn Electronics Limited
06972625
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/07/2025
micro entity
Next accounts due
30/04/2027
Confirmation statement
Last: 25/07/2025
Due 08/08/2026
Industry
Officers
secretary · Since 25/07/2009
TECHNICIAN
BRITISH · ENGLAND · Age 61
Also on 3 other boards
director · Since 25/07/2009
ELECTRONIC ENGINEER
BRITISH · UNITED KINGDOM · Age 64
Also on 2 other boards
director · Since 29/04/2024
TECHNICIAN
BRITISH · ENGLAND · Age 61
Also on 3 other boards
Persons with Significant Control
Mr Gursaran Singh Bhumbra
British · United Kingdom · Age 64
21, Tynedale Close, Leicester, LE2 4TS
Notified 01/06/2016
CompanyRankvs 192+ SIC 26120 peers59
Show leaderboard
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 31/07/2025
Net Worth
£11k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£3k
Working capital
Current Assets
£12k
Current Liabilities
£9k
Fixed Assets
£8k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.29 | -£8k |
| 2024 | 1.72 | -£3k |
| 2023 | 1.23 | -£12k |
| 2022 | 1.94 | +£8k |
| 2021 | 1.40 | -£27k |
| 2020 | 3.24 | +£33k |
| 2019 | 2.38 | +£3k |
| 2018 | 1.78 | — |
Derived from filed accounts. Not audited figures.