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Mgc (Gb) Limited

07050375

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

32 BYRON HILL ROAD, HARROW ON THE HILL, HA2 0HY
Incorporated 20/10/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities

Officers

Michael Grunert

director · Since 01/04/2010

COMPANY DIRECTOR

GERMAN · UNITED KINGDOM · Age 45

Persons with Significant Control

Mr Michael Grünert

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

German · England · Age 45

193, Creek Road, London, SE8 3BU

Notified 06/04/2016

CompanyRankvs 34737+ SIC 70229 peers
72

Financial strength81th percentile among SIC peers · 20/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.52× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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34737Mgc (Gb) Limited
68
How is this score calculated?
Financial strength20/25 pts

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

Employees6/15 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 31/10/2024

Net Worth

£48k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£48k

Working capital

Current Assets

£141k

Current Liabilities

£93k

Fixed Assets

£2k

1avg. employees

Balance Sheet

Assets less current liabilities£50k
Signed by M Grunert 27/07/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.52+£12k
20231.41—

Derived from filed accounts. Not audited figures.