Mangrove Global Limited
08674207
Some Concerns
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
- 5 outstanding charges (-10)
Details
Compliance
Last accounts
31/12/2024
group
Next accounts due
30/09/2026
Confirmation statement
Last: 03/09/2025
Due 17/09/2026
Industry
Officers
director · Since 03/09/2013
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 54
Also on 3 other boards
secretary · Since 02/10/2023
Persons with Significant Control
Mr Bernard Marie Hayot
French · France · Age 91
3-4, Johnston Road, Woodford Green, IG8 0XA
Notified 10/02/2023
Former PSCs
Mr Nicholas James Gillett
Ceased 10/02/2023
John Maitland Coe
Ceased 10/02/2023
Charges5 outstanding
HSBC UK BANK PLC
HSBC UK BANK PLC
HSBC INVOICE FINANCE (UK) LIMITED
BARCLAYS BANK PLC
BARCLAYS BANK PLC
CompanyRankvs 2169+ SIC 46342 peers29
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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.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concer
Key FinancialsYear ending 31/12/2025
Net Worth
-£4.4M
Balance sheet strength
Cash
£1.0M
Cash in the bank
Net Current Assets
-£2.6M
Working capital
Current Assets
£9.4M
Current Liabilities
£18.5M
Fixed Assets
£1.2M
Debtors
£5.4M
Cost of Sales
£23.5M
Admin Expenses
£6.5M
Profit After Tax
-£2.1M
Tax at Year End(2024)
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.50 | -£3.4M |
| 2024 | 0.98 | -£3.0M |
| 2023 | 1.13 | — |
Derived from filed accounts. Not audited figures.