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Mgs 2019 Ltd

08567646

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

54 CHARLOTTE STREET, LONDON, W1T 2NS
Incorporated 13/06/2013

Compliance

Last accounts

31/12/2025

dormant

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 01/06/2026

Due 15/06/2027

On track

Industry

62011
Ready-made interactive leisure and entertainment software development

Officers

Mr Michael John Willis

director · Since 18/04/2017

CHIEF EXECUTIVE

BRITISH · ENGLAND · Age 54

Also on 2 other boards

Ms Cristina Mereuta

director · Since 23/09/2021

DIRECTOR

ROMANIAN · ENGLAND · Age 39

Also on 2 other boards

Charges2 outstanding

Charge
outstanding

SILICON VALLEY BANK

Created 22/11/2021Registered 25/11/2021
Charge
outstanding

LDC (MANAGERS) LIMITED (AS SECURITY TRUSTEE)

Created 22/11/2021Registered 24/11/2021
Charge
satisfied

BARCLAYS BANK PLC

Created 10/08/2015Registered 25/08/2015Satisfied 09/12/2020

CompanyRankvs 2863+ SIC 62011 peers
36

Financial strength60th percentile among SIC peers · 15/25
Employees22th percentile among SIC peers · 3/15
LiquidityNo balance sheet data · 0/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength15/25 pts

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

Employees3/15 pts

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

Liquidity0/20 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.

Risk deductions

Outstanding charges: -10 pts

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

£1k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£562k

Working capital

Current Assets

Current Liabilities

Debtors

£562k

0avg. employees

Balance Sheet

Assets less current liabilities£562k
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
2025+£0
2024+£0
2023+£0
2022+£0
2021+£0
2020-£561k
20190.79+£561k
20180.97

Derived from filed accounts. Not audited figures.