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Mgl Projects Limited

08005935

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

UNIT 2 MONKS GREEN FARM, HERTFORD, SG13 8QL
Incorporated 26/03/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43290
Other construction installation
43390
Other building completion and finishing
71111
Architectural activities

Officers

Mr Michael Leith

director · Since 26/03/2012

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 36

Mr Paul Kevin Andrews

director · Since 22/04/2022

DIRECTOR

BRITISH · ENGLAND · Age 37

Also on 4 other boards

Persons with Significant Control

Mr Michael Leith

50–75% shares

British · United Kingdom · Age 36

55, High Street, Hoddesdon, EN11 8TQ

Notified 06/04/2016

Mr Paul Kevin Andrews

25–50% shares

British · England · Age 37

1, Puttocks Drive, Hatfield, AL9 7LW

Notified 11/05/2022

Charges1 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 16/04/2026Registered 16/04/2026

CompanyRankvs 2014+ SIC 43290 peers
68

Financial strength92th percentile among SIC peers · 23/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.26× · 12/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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2014Mgl Projects Limited
78
How is this score calculated?
Financial strength23/25 pts

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

Employees14/15 pts

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

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity14/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

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

£236k

Balance sheet strength

Cash

£446k

Cash in the bank

Net Current Assets

£318k

Working capital

Current Assets

£1.5M

Current Liabilities

£1.2M

Fixed Assets

£215k

Debtors

£1.1M

9avg. employees+5

Balance Sheet

Assets less current liabilities£533k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.26+£42k
20241.24+£126k
20231.36+£29k
20221.31+£28k
20212.08-£7k
20202.36—

Derived from filed accounts. Not audited figures.