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Mg Futures Limited

08652209

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

53 ASHLEY ROAD, ALTRINCHAM, WA14 2DP
Incorporated 15/08/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

55900
Other accommodation

Officers

Mr Michael John Gilmartin

director · Since 15/08/2013

FIRE CONSULTANT

BRITISH · ENGLAND · Age 53

Mrs Kate Gilmartin

director · Since 20/03/2014

CONSULTANT

BRITISH · ENGLAND · Age 52

Also on 2 other boards

Persons with Significant Control

Mr Michael John Gilmartin

25–50% shares

British · England · Age 53

53, Ashley Road, Manchester, WA14 2DP

Notified 15/08/2016

Ms Kate Gilmartin

25–50% shares

British · England · Age 52

53, Ashley Road, Altrincham, WA14 2DP

Notified 15/08/2016

Former PSCs

Mrs Diana Margaret Brennand

Ceased 02/08/2019

CompanyRankvs 2362+ SIC 55900 peers
64

Financial strength93th percentile among SIC peers · 23/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.07× · 2/20
Longevity13 years trading (max 15) · 13/15
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.

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.

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

£589k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£210k

Working capital

Current Assets

£16k

Current Liabilities

£226k

Fixed Assets

£799k

2avg. employees+3

Balance Sheet

Assets less current liabilities£589k
Prepared with v2025.67.1 micro_entity_frs_105_v1_1_3 filing

EstimatesDerived

YearCurrent RatioImplied Profit
20250.07-£17k
20240.81+£4k
20230.88-£9k
20220.82+£28k
20210.66-£59k
20200.95-£127k
201913.67—

Derived from filed accounts. Not audited figures.