Back to search

Mgx Limited

07000865

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

2 WHITECHAPEL ROAD, LONDON, E1 6TY
Incorporated 26/08/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

33150
Repair and maintenance of ships and boats
43390
Other building completion and finishing
46140
Agents involved in the sale of machinery, industrial equipment, ships and aircraft
62090
Other information technology service activities

Officers

Mr Mohammad Syed

secretary · Since 20/07/2023

Mr Syed Amir Abbass Mehdi

director · Since 18/10/2025

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Persons with Significant Control

Mr Syed Amir Abbass Mehdi

75–100% shares
ownership-of-shares-75-to-100-percent-as-trust
ownership-of-shares-75-to-100-percent-as-firm
75–100% votes
Appoint directors

British · United Kingdom · Age 46

493, Longbridge Road, Barking, IG11 9DE

Notified 01/04/2026

Former PSCs

Mr Syed Zaidi

Ceased 22/02/2021

Mr Ali Raza Mahmood

Ceased 02/08/2025

Mr Syed Samar Naqvi

Ceased 07/11/2025

CompanyRankvs 440+ SIC 33150 peers
67

Financial strength73th percentile among SIC peers · 18/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.75× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1C. Toms And Son Limited
90
2Norfolk Broads Direct Limited
90
3Marine Turbo Engineering Limited
90
4Vulkan Industries Limited
90
5Darthaven Marina Limited
90
6Barnes Marine Units Limited
90
7Norfolk Yacht Agency Limited
90
8Shield Environmental Services Limited
90
9Beeston Marina Limited
90
10Mms Ship Repair And Dry Dock Co. Ltd
90
440Mgx Limited
63
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.

Employees13/15 pts

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

Liquidity6/20 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 31/08/2025

Net Worth

£26k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

-£9k

Working capital

Current Assets

£27k

Current Liabilities

£36k

Fixed Assets

£35k

Debtors

£21k

4avg. employees

Tax at Year End

Corp tax£266

Balance Sheet

Assets less current liabilities£26k
Signed by Mr Ali Mahmood 15/04/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.75+£1k
20240.68+£622
20230.63+£104
20220.40+£802
20211.63+£568
20209.07+£7k
201933.89-£2k
201810.26—

Derived from filed accounts. Not audited figures.