Mg Developments (Abingdon) Limited
09623072
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 04/06/2015
DIRECTOR
BRITISH · ENGLAND · Age 56
Also on 2 other boards
director · Since 04/06/2015
DIRECTOR
BRITISH · UNITED KINGDOM · Age 71
Also on 3 other boards
Persons with Significant Control
Mr Gary Michael Newsham
British · United Kingdom · Age 71
1 Audreys Court, Ock Street, Abingdon, OX14 5DQ
Notified 06/04/2016
Mr Matthew Charles Seabrook Heritage
British · England · Age 56
40-42 The Brewery Tap, Ock Street, Abingdon, OX14 5BZ
Notified 06/04/2016
CompanyRankvs 28076+ SIC 41100 peers57
Show leaderboard
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 30/06/2025
Net Worth
£44k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£44k
Working capital
Current Assets
£299k
Current Liabilities
£254k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.17 | +£4k |
| 2024 | 1.15 | +£6k |
| 2023 | 1.13 | +£4k |
| 2022 | 1.11 | +£5k |
| 2021 | 1.09 | +£4k |
| 2020 | 1.07 | +£12k |
| 2019 | 1.03 | +£5k |
| 2018 | 1.01 | — |
Derived from filed accounts. Not audited figures.