Mgx2 Ltd
07396994
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 05/10/2010
director · Since 05/10/2010
SKI INSTRUCTOR
BRITISH · FRANCE · Age 69
Also on 4 other boards
director · Since 05/10/2010
PROJECT MANAGER
BRITISH · UNITED KINGDOM · Age 67
Also on 2 other boards
director · Since 05/10/2010
DESIGNER
BRITISH · ENGLAND · Age 62
Also on 1 other board
CompanyRankvs 168674+ SIC 68209 peers41
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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 31/12/2024
Net Worth
-£1k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£2k
Working capital
Current Assets
£0
Current Liabilities
£2k
Fixed Assets
£770
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.00 | -£13 |
| 2023 | NaN | -£13 |
| 2022 | NaN | -£13 |
| 2021 | NaN | — |
Derived from filed accounts. Not audited figures.