Mgi Technology Limited
07330923
Healthy
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 16/03/2020
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 61
Also on 4 other boards
Persons with Significant Control
Mr David Spencer Evans
British · United Kingdom · Age 61
85, Great Portland Street, London, W1W 7LT
Notified 06/04/2016
CompanyRankvs 1020+ SIC 82190 peers39
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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.
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
-£34k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£33k
Working capital
Current Assets
£35k
Current Liabilities
-£68k
Fixed Assets
£268
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.52 | -£2k |
| 2024 | 0.60 | +£27k |
| 2023 | 0.37 | -£4k |
| 2022 | 0.39 | -£14k |
| 2021 | 0.53 | -£12k |
| 2020 | 0.71 | -£9k |
| 2019 | 0.84 | — |
Derived from filed accounts. Not audited figures.