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Mg 1996 Limited

08146472

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

159 HIGH STREET, BARNET, EN5 5SU
Incorporated 17/07/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

59111
Motion picture production activities

Officers

Miss Gillian Wearing

secretary · Since 17/07/2012

Also on 1 other board

Miss Gillian Wearing

director · Since 17/07/2012

ARTIST

BRITISH · ENGLAND · Age 62

Also on 1 other board

Mr Michael Anthony Landy

director · Since 01/08/2015

DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 1 other board

Persons with Significant Control

Ms Gillian Wearing

25–50% shares
25–50% votes
Appoint directors
Significant control

British · England · Age 62

159, High Street, Barnet, EN5 5SU

Notified 17/07/2016

Mr Michael Landy

25–50% shares
25–50% votes
Appoint directors
Significant control

British · England · Age 63

159, High Street, Barnet, EN5 5SU

Notified 17/07/2016

CompanyRankvs 203+ SIC 59111 peers
85

Financial strength97th percentile among SIC peers · 24/25
Employees79th percentile among SIC peers · 12/15
LiquidityCurrent ratio 6.53× · 20/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 pts

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

Employees12/15 pts

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

Liquidity20/20 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.

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

£456k

Balance sheet strength

Cash

£495k

Cash in the bank

Net Current Assets

£450k

Working capital

Current Assets

£531k

Current Liabilities

£81k

Fixed Assets

£7k

Debtors

£27k

2avg. employees

Balance Sheet

Assets less current liabilities£456k
Signed by Mr M Landy Ms G Wearing 1 March 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20256.53+£0
20256.53
20249.37
2023256.27

Derived from filed accounts. Not audited figures.