Msg Life Limited
09808417
Healthy
- Negative net worth (-10)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 02/10/2025
Due 16/10/2026
Industry
Officers
director · Since 05/01/2016
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 56
Also on 47 other boards
director · Since 05/04/2016
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 55
Also on 14 other boards
Persons with Significant Control
Mr Moonpal Singh Grewal
British · United Kingdom · Age 56
12, North Bar, Banbury, OX16 0TB
Notified 06/04/2016
Mr Satnam Singh Grewal
British · England · Age 55
12, North Bar, Banbury, OX16 0TB
Notified 09/06/2017
CompanyRankvs 63680+ SIC 93130 peers43
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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 31/12/2024
Net Worth
-£9.7M
Balance sheet strength
Cash
£875k
Cash in the bank
Net Current Assets
-£11.6M
Working capital
Current Assets
£2.7M
Current Liabilities
£14.3M
Fixed Assets
£1.9M
Debtors
£1.8M
People Costs(2021)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.19 | +£251k |
| 2023 | 0.13 | -£686k |
| 2021 | 0.07 | — |
Derived from filed accounts. Not audited figures.