Mg Global Services Limited
09885362
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 24/11/2015
COMPANY DIRECTOR
ITALIAN · UNITED KINGDOM · Age 67
Persons with Significant Control
Giancarlo Maria De Cristofaro
Italian · United Kingdom · Age 67
5th Floor, North Side, 7/10 Chandos Street, London, W1G 9DQ
Notified 06/04/2016
Manuela Pulejo
Italian · United Kingdom · Age 70
5th Floor, North Side, 7/10 Chandos Street, London, W1G 9DQ
Notified 06/04/2016
CompanyRankvs 627070+ SIC 41100 peers39
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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
-£260k
Balance sheet strength
Cash
£7k
Cash in the bank
Net Current Assets
-£265k
Working capital
Current Assets
£144k
Current Liabilities
£408k
Fixed Assets
£6k
Debtors
£136k
Profit After Tax
-£15k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.35 | -£15k |
| 2023 | 0.24 | +£56k |
| 2022 | 0.13 | -£6k |
| 2021 | 0.33 | -£87k |
| 2020 | 0.28 | -£77k |
| 2019 | 0.35 | -£159k |
| 2018 | 0.98 | — |
Derived from filed accounts. Not audited figures.