Back to search

Mg Restaurant Limited

09557080

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

7 & 8 KINGFISHER WAY, WALLSEND, NE28 9NX
Incorporated 23/04/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants

Officers

Mr Georgios Maniadakis

director · Since 23/04/2015

RESTAURATEUR

GREEK · UNITED KINGDOM · Age 58

Also on 1 other board

Persons with Significant Control

Mr Georgios Maniadakis

75–100% shares

Greek · England · Age 58

7 & 8, Kingfisher Way, Wallsend, NE28 9NX

Notified 01/01/2017

CompanyRankvs 5965+ SIC 56101 peers
63

Financial strength68th percentile among SIC peers · 17/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 2.91× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength17/25 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.

Liquidity20/20 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 30/04/2025

Net Worth

£17k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

£16k

Working capital

Current Assets

£25k

Current Liabilities

£8k

Fixed Assets

£5k

Debtors

£19k

Tax at Year End

VAT£377

Director Loans

Company owes directors£4k

Balance Sheet

Assets less current liabilities£21k
Signed by Mr Georgios Maniadakis 26/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20252.91-£7k£8k
20243.31-£10k£45k
20236.74£45k

Derived from filed accounts. Not audited figures.