Mg Optical Limited
07152601
Healthy
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 10/02/2010
OPTOMETRIST
BRITISH · UNITED KINGDOM · Age 43
Persons with Significant Control
Mr Mazharali Nisar Gulamhusein
British · England · Age 43
1a, Silver Street, Tamworth, B79 7NH
Notified 10/02/2017
Charges2 outstanding
LLOYDS TSB BANK PLC
LLOYDS TSB BANK PLC
CompanyRankvs 408+ SIC 47782 peers59
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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.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2025
Net Worth
£35k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£3k
Working capital
Current Assets
£111k
Current Liabilities
£108k
Fixed Assets
£75k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.03 | +£0 |
| 2025 | 1.03 | +£392 |
| 2024 | 0.99 | +£690 |
| 2023 | 0.98 | -£2k |
| 2022 | 1.12 | +£581 |
| 2021 | 1.42 | — |
Derived from filed accounts. Not audited figures.