Mg Electrical (Desborough) Limited
08115153
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 21/06/2012
ELECTRICIAN
BRITISH · ENGLAND · Age 51
Also on 1 other board
secretary · Since 01/07/2019
Persons with Significant Control
Mr Matthew James Garner
British · England · Age 51
1 Kipton Field, Rothwell, Kettering, NN14 6ED
Notified 06/04/2016
Former PSCs
Mr Melvin Garner
Ceased 01/07/2019
CompanyRankvs 1170+ SIC 43210 peers86
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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 30/06/2025
Net Worth
£175k
Balance sheet strength
Cash
£144k
Cash in the bank
Net Current Assets
£118k
Working capital
Current Assets
£216k
Current Liabilities
£99k
Fixed Assets
£147k
Debtors
£64k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.19 | +£0 |
| 2025 | 2.19 | +£2k |
| 2024 | 1.75 | +£125k |
| 2023 | 1.38 | — |
Derived from filed accounts. Not audited figures.