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Mcg Wealth Ltd

08915614

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

22A VICTORIA ROAD, ALTRINCHAM, WA15 9AD
Incorporated 27/02/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64999
Other financial service activities

Officers

Mr Barry Mcguigan

director · Since 27/02/2014

FINANCIAL ADVISER

BRITISH · ENGLAND · Age 46

Persons with Significant Control

Mr Barry Mcguigan

75–100% shares
75–100% votes

British · United Kingdom · Age 46

22a, Victoria Road, Altrincham, WA15 9AD

Notified 06/04/2016

Charges0 outstanding

Charge
satisfied

METRO BANK PLC

Created 16/02/2017Registered 17/02/2017Satisfied 07/01/2019

CompanyRankvs 1466+ SIC 64999 peers
81

Financial strength94th percentile among SIC peers · 24/25
Employees64th percentile among SIC peers · 10/15
LiquidityCurrent ratio 6.38× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 pts

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

Employees10/15 pts

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

Liquidity20/20 pts

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

Longevity12/15 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 31/03/2025

Net Worth

£930k

Balance sheet strength

Cash

£20k

Cash in the bank

Net Current Assets

£923k

Working capital

Current Assets

£1.1M

Current Liabilities

£172k

Fixed Assets

£24k

Debtors

£1.1M

2avg. employees

Balance Sheet

Bank loans & overdrafts£21k
Assets less current liabilities£948k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20256.38+£205k
20245.65+£127k
20235.80+£107k
20227.21+£111k
20213.42

Derived from filed accounts. Not audited figures.