The Mg Company Private Ltd
07533994
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
28/02/2025
micro entity
Next accounts due
30/11/2026
Confirmation statement
Last: 07/03/2026
Due 21/03/2027
Industry
Officers
secretary · Since 01/03/2015
Persons with Significant Control
Mr Mohit Gupta
British · England · Age 40
157, Cole Valley Road, Birmingham, B28 0DG
Notified 06/04/2016
Charges2 outstanding
THE ROYAL BANK OF SCOTLAND PLC
THE ROYAL BANK OF SCOTLAND PLC
CompanyRankvs 17057+ SIC 56103 peers43
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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 28/02/2025
Net Worth
-£16k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£9k
Working capital
Current Assets
£493k
Current Liabilities
£502k
Fixed Assets
£27k
Tax at Year End(2019)
Director Loans(2019)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 0.98 | +£0 | — |
| 2025 | 0.98 | -£65k | — |
| 2024 | 1.13 | -£70k | — |
| 2023 | 1.34 | -£37k | — |
| 2022 | 2.06 | +£25k | — |
| 2021 | 3.23 | +£28k | — |
| 2020 | 1.81 | -£13k | — |
| 2019 | 1.84 | — | £271k |
Derived from filed accounts. Not audited figures.