Mg International Trade Ltd
09219713
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 16/09/2014
DIRECTOR
BULGARIAN · UNITED KINGDOM · Age 46
Also on 2 other boards
Persons with Significant Control
Mr Georgi Skodrov
Bulgarian · United Kingdom · Age 55
3, Hazel Close, Brentford, TW8 8NG
Notified 14/06/2022
Former PSCs
Mr Genadi Vladimirov Ivanov
Ceased 13/06/2022
Mr Dimitar Lazarov Urumov
Ceased 13/06/2022
CompanyRankvs 63406+ SIC 47910 peers38
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/09/2024
Net Worth
-£3k
Balance sheet strength
Cash
£10k
Cash in the bank
Net Current Assets
-£3k
Working capital
Current Assets
£10k
Current Liabilities
£13k
Tax at Year End
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.76 | +£3k |
| 2023 | 0.39 | -£4k |
| 2022 | 0.77 | — |
| 2021 | 1.07 | — |
| 2020 | 1.07 | — |
| 2019 | 1.04 | — |
| 2018 | 1.01 | — |
Derived from filed accounts. Not audited figures.