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Mg Connections Ltd

07329753

activeactive proposal to strike off
ltd
england wales
Companies House
Accounts overdue
Health Score
65 / 100

Some Concerns

15/30
Filing
10/30
Financial
40/40
Risk
  • Accounts filing overdue (-15)

Details

43 Adamsrill Road, Sydenham, SE26 4AJ
Incorporated 29/07/2010

Compliance

Last accounts

31/07/2025

micro entity

Next accounts due

30/04/2027

On track

Confirmation statement

Last: 29/07/2025

Due 12/08/2026

Overdue

Industry

74909
Other professional, scientific and technical activities

Officers

Mr Mide Gbolahan Olowe

director · Since 29/07/2010

BUSINESSMAN

BRITISH · ENGLAND · Age 43

Also on 1 other board

Mide Gbolahan Olowe

director · Since 29/07/2010

British · England · Age 43

Persons with Significant Control

Mr Mide Gbolahan Olowe

75–100% shares

British · England · Age 43

43, Adamsrill Road, Sydenham, SE26 4AJ

Notified 20/07/2016

Change History

status → active
2026-07-14

Active

type → ltd
2026-07-14

Private Limited Company

address line1 → 43 Adamsrill Road
2026-07-14

43 ADAMSRILL ROAD

post town → Sydenham
2026-07-14

SYDENHAM

CompanyRankvs 46741+ SIC 74909 peers
36

Financial strength43th percentile among SIC peers · 11/25
Employees34th percentile among SIC peers · 5/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceOne filing overdue · 5/15
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How is this score calculated?
Financial strength11/25 pts

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

Employees5/15 pts

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

Liquidity0/20 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 compliance5/15 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 31/07/2025

Net Worth

£989

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£3k

Working capital

Current Assets

—

Current Liabilities

£3k

Fixed Assets

£2k

1avg. employees

Balance Sheet

Assets less current liabilities£989
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20230.05

Derived from filed accounts. Not audited figures.