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Mgc Carpets Ltd

08148896

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

UNIT 14 WORCESTER TRADE PARK, WORCESTER, WR4 9AB
Incorporated 19/07/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47530
Retail sale of carpets, rugs, wall and floor coverings in specialised stores

Officers

Mr Jason Anthony Welch

director · Since 04/07/2017

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 3 other boards

Mrs Anna Thurston

director · Since 31/12/2018

DIRECTOR

BRITISH · ENGLAND · Age 50

Persons with Significant Control

Mrs Anna Thurston

25–50% shares

British · United Kingdom · Age 50

Unit 14, Worcester Trade Park, Worcester, WR4 9AB

Notified 07/07/2017

Bold 22 Limited

25–50% shares

Raynor House, 6 Raynor Road, Wolverhampton, WV10 9QY

Reg: 07693291 · England And Wales · Limited

Notified 31/12/2018

Former PSCs

Mrs Marilyn Susan Eardley

Ceased 31/03/2017

Mrs Gwenda Marion Volk-Evans

Ceased 31/12/2018

Mr Gareth Andrew Evans

Ceased 31/12/2018

Mr Jason Anthony Welch

Ceased 31/12/2018

CompanyRankvs 188+ SIC 47530 peers
85

Financial strength88th percentile among SIC peers · 22/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.35× · 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 strength22/25 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.

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 31/03/2025

Net Worth

£176k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£159k

Working capital

Current Assets

£278k

Current Liabilities

£118k

Fixed Assets

£19k

9avg. employees

Balance Sheet

Assets less current liabilities£178k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20252.35-£16k
20242.16+£19k
20232.15-£29k
20222.23+£48k
20212.57

Derived from filed accounts. Not audited figures.