Mg Electrical Installations Limited
09986966
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Marc George Wright
British · England · Age 36
2 The Courtyard, Back Lane, Wolverhampton, WV6 7JJ
Notified 06/04/2016
Former PSCs
Mr Anthony Paul Hilditch
Ceased 05/04/2017
CompanyRankvs 16882+ SIC 43210 peers57
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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 31/03/2025
Net Worth
£696
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£4k
Working capital
Current Assets
£50k
Current Liabilities
£46k
Fixed Assets
£2k
Tax at Year End(2019)
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 1.10 |
| 2024 | 1.14 |
| 2023 | 0.82 |
| 2022 | 1.06 |
| 2021 | 0.98 |
| 2019 | 1.07 |
Derived from filed accounts. Not audited figures.