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Mgs Business Services Limited

08548616

active
Private Limited Company
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

11 HAWKEWOOD ROAD, SUNBURY-ON-THAMES, TW16 6HL
Incorporated 30/05/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities
74909
Other professional, scientific and technical activities
86900
Other human health activities

Officers

Mr Gurpreet Singh Saggu

director · Since 12/04/2021

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Also on 5 other boards

Persons with Significant Control

Mr Gurpreet Singh Saggu

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

British · United Kingdom · Age 64

11, Hawkewood Road, Sunbury-On-Thames, TW16 6HL

Notified 06/04/2016

Former PSCs

Mrs Navkiran Saggu

Ceased 31/07/2021

CompanyRankvs 148262+ SIC 70229 peers
39

Financial strength10th percentile among SIC peers · 3/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.67× · 6/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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148262Mgs Business Services Limited
35
How is this score calculated?
Financial strength3/25 pts

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

Employees2/15 pts

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

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity13/15 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

-£5k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£6k

Working capital

Current Assets

£11k

Current Liabilities

£17k

Fixed Assets

£699

0avg. employees

Balance Sheet

Assets less current liabilities-£5k

EstimatesDerived

YearCurrent RatioImplied Profit
20250.67+£0
20250.67+£20k
20240.44+£14k
20230.10-£80k
20220.11+£13k
20210.15—

Derived from filed accounts. Not audited figures.