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Mgcs London Limited

08341972

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

1 GILTSPUR STREET, LONDON, EC1A 9DD
Incorporated 27/12/2012

Compliance

Last accounts

31/12/2025

total exemption full

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 21/01/2026

Due 04/02/2027

On track

Industry

82990
Other business support service activities

Officers

Mr. Michael John Conroy

director · Since 14/07/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Also on 31 other boards

Persons with Significant Control

Mr Michael John Conroy

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 48

1, Giltspur Street, London, EC1A 9DD

Notified 06/04/2016

Former PSCs

Mr Ruairi Laughlin-Mccann

Ceased 01/01/2017

CompanyRankvs 119707+ SIC 82990 peers
38

Financial strength4th percentile among SIC peers · 1/25
Employees40th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.19× · 2/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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119707Mgcs London Limited
37
How is this score calculated?
Financial strength1/25 pts

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

Employees6/15 pts

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

Liquidity2/20 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 31/12/2025

Net Worth

-£71k

Balance sheet strength

Cash

£15k

Cash in the bank

Net Current Assets

-£71k

Working capital

Current Assets

£17k

Current Liabilities

£88k

Debtors

£2k

1avg. employees

Tax at Year End

VAT£16k

Balance Sheet

Assets less current liabilities-£71k
Signed by Mr Michael Conroy 13/03/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.19+£0£323k
20250.19-£104£323k
20240.19-£273£323k
20230.19—£323k

Derived from filed accounts. Not audited figures.