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Mgb Systems Limited

08289116

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

55 KENWOOD CRESCENT, STOCKTON-ON-TEES, TS17 5BT
Incorporated 12/11/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities
71200
Technical testing and analysis

Officers

Ebonnie Ann Brown

secretary · Since 12/11/2012

Mr Martin Graham Brown

director · Since 12/11/2012

ENGINEER

BRITISH · ENGLAND · Age 41

Also on 2 other boards

Persons with Significant Control

Mr Martin Graham Brown

25–50% shares

British · England · Age 41

55, Kenwood Crescent, Stockton-On-Tees, TS17 5BT

Notified 12/11/2016

CompanyRankvs 3783+ SIC 62020 peers
83

Financial strength91th percentile among SIC peers · 23/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 8.28× · 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 strength23/25 pts

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

Employees11/15 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 31/05/2025

Net Worth

£149k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£179k

Working capital

Current Assets

£203k

Current Liabilities

£25k

Fixed Assets

£1

2avg. employees

Balance Sheet

Assets less current liabilities£179k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20258.28+£0
20258.28+£63k
2024272.81-£4k
2023290.74-£8k
20228.98-£19k
20217.47-£24k
20205.53+£35k
20183.46

Derived from filed accounts. Not audited figures.