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Mgs Commercial Ltd

09494056

active
Private Limited Company
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • 3 outstanding charges (-6)

Details

HOLLYOAK BARN FOXHILL LANE, READING, RG4 9QT
Incorporated 17/03/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Gurdeep Singh Khatter

director · Since 17/03/2015

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 1 other board

Mr Satwinder Singh Khatter

director · Since 17/03/2015

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 2 other boards

Persons with Significant Control

Mr Satwinder Singh Khatter

25–50% shares
25–50% votes
Appoint directors

British · England · Age 57

Hollyoak Barn, Foxhill Lane, Reading, RG4 9QT

Notified 06/04/2016

Mr Gurdeep Singh Khatter

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 66

Hollyoak Barn, Foxhill Lane, Reading, RG4 9QT

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 13/11/2015Registered 25/11/2015
Charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 13/11/2015Registered 24/11/2015
Charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 13/11/2015Registered 16/11/2015

CompanyRankvs 53400+ SIC 68209 peers
53

Financial strength92th percentile among SIC peers · 23/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.17× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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53400Mgs Commercial Ltd
63
How is this score calculated?
Financial strength23/25 pts

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

Employees12/15 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.

Longevity11/15 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.

Risk deductions

Outstanding charges: -10 pts

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

£800k

Balance sheet strength

Cash

£74k

Cash in the bank

Net Current Assets

-£414k

Working capital

Current Assets

£84k

Current Liabilities

£498k

Fixed Assets

£1.7M

Debtors

£10k

Profit After Tax

£67k

2avg. employees

Tax at Year End

Corp tax£19k

Balance Sheet

Assets less current liabilities£1.3M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.17+£65k
20240.11+£60k
20230.18+£62k
20220.17+£91k
2021—+£71k
2020—+£79k
20190.08—

Derived from filed accounts. Not audited figures.