Mgs Business Services Limited
08548616
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/05/2025
micro entity
Next accounts due
28/02/2027
Confirmation statement
Last: 21/08/2025
Due 04/09/2026
Industry
Officers
director · Since 12/04/2021
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 64
Also on 5 other boards
Former
secretary · Resigned 15/07/2021
director · Resigned 15/07/2021
Persons with Significant Control
Mr Gurpreet Singh Saggu
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
Change History
Active
Private Limited Company
11 HAWKEWOOD ROAD
SUNBURY-ON-THAMES
CompanyRankvs 148556+ SIC 70229 peers39
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.67 | +£0 |
| 2025 | 0.67 | +£20k |
| 2024 | 0.44 | +£14k |
| 2023 | 0.10 | — |
Derived from filed accounts. Not audited figures.