Mcgurk Group Limited
09053164
Some Concerns
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 27/02/2015
COMPANY DIRECTOR
ENGLISH · ENGLAND · Age 58
Also on 8 other boards
Persons with Significant Control
Mr Eamonn Francis Mcgurk
British · United Kingdom · Age 61
7, St. Albans Road, Gloucester, GL2 5FW
Notified 06/04/2016
Charges2 outstanding
LLOYDS BANK PLC
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 3593+ SIC 70100 peers48
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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
in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Material uncertainty relating to going concern We draw attention to page 13 in the consolidated financial statements, which indicates that the Group’s current liabilities exceeded its current assets by £12,866,732. This condition, al
Key FinancialsYear ending 31/08/2024
Turnover
£13.7M
Annual revenue
Net Worth
£11.9M
Balance sheet strength
Cash
£1.4M
Cash in the bank
Profit Before Tax
-£6.2M
Bottom line earnings
Net Current Assets
-£12.9M
Working capital
Current Assets
£9.1M
Current Liabilities
£22.0M
Fixed Assets
£29.4M
Debtors
£7.6M
Cost of Sales
£10.0M
Gross Profit
£3.7M
Admin Expenses
£5.9M
Operating Profit
-£6.0M
Profit After Tax
-£6.6M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.41 | +£0 |
| 2024 | 0.41 | +£8.6M |
| 2023 | 3.74 | +£214k |
| 2022 | — | +£307k |
Derived from filed accounts. Not audited figures.