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Mgd Technology Ltd

09530479

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

FLOOR 1, SEVENOAKS, TN13 1DB
Incorporated 08/04/2015

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 03/04/2026

Due 17/04/2027

On track

Industry

58290
Other software publishing

Officers

Mr Marc Vernet

secretary · Since 08/04/2015

Also on 2 other boards

Mr Gareth William Jones

director · Since 08/04/2015

DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 1 other board

Mr Marc Vernet

director · Since 08/04/2015

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 2 other boards

Persons with Significant Control

Mr Marc Vernet

25–50% shares

British · England · Age 47

Floor 1, 7 Blighs Walk, Sevenoaks, TN13 1DB

Notified 08/04/2017

Mr Gareth William Jones

25–50% shares

British · England · Age 61

Floor 1, 7 Blighs Walk, Sevenoaks, TN13 1DB

Notified 08/04/2017

CompanyRankvs 1469+ SIC 58290 peers
69

Financial strength52th percentile among SIC peers · 13/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.61× · 16/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength13/25 pts

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

Employees14/15 pts

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

Liquidity16/20 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/10/2025

Net Worth

£101

Balance sheet strength

Cash

£20k

Cash in the bank

Net Current Assets

£64k

Working capital

Current Assets

£169k

Current Liabilities

£105k

Debtors

£149k

4avg. employees

Balance Sheet

Assets less current liabilities£194k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20251.61
20242.27
20231.73

Derived from filed accounts. Not audited figures.