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Mg International Trade Ltd

09219713

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

262 UXBRIDGE ROAD, HATCH END, HA5 4HS
Incorporated 16/09/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mr Genadi Vladimirov Ivanov

director · Since 16/09/2014

DIRECTOR

BULGARIAN · UNITED KINGDOM · Age 46

Also on 2 other boards

Persons with Significant Control

Mr Georgi Skodrov

50–75% shares
50–75% votes

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 66995+ SIC 47910 peers
33

Financial strength17th percentile among SIC peers · 4/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.35× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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66995Mg International Trade Ltd
32
How is this score calculated?
Financial strength4/25 pts

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

Employees0/15 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.

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 30/09/2025

Net Worth

-£3k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£3k

Working capital

Current Assets

£2k

Current Liabilities

£5k

Tax at Year End(2024)

Corp tax£182

Director Loans(2024)

Company owes directors£12k

Balance Sheet

Assets less current liabilities-£3k
Signed by Mr Georgi Shkodrov 29/06/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.35-£205
20240.76+£3k
20230.39—

Derived from filed accounts. Not audited figures.