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Mdgs Properties Limited

10278739

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

293 GREEN LANES, PALMERS GREEN, N13 4XS
Incorporated 14/07/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Dogan Merel

director · Since 14/07/2016

DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 4 other boards

Mr Gokhan Merel

director · Since 14/07/2016

DIRECTOR

BRITISH · ENGLAND · Age 33

Also on 2 other boards

Mr Mehmet Merel

director · Since 14/07/2016

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 4 other boards

Persons with Significant Control

Mr Mehmet Merel

25–50% shares
25–50% votes

British · United Kingdom · Age 52

115, Woodlands Road, London, N9 8RR

Notified 14/07/2016

Mr Dogan Merel

25–50% shares
25–50% votes

British · United Kingdom · Age 43

7, Linden Close, Southgate, N14 4DP

Notified 14/07/2016

Mr Gokhan Merel

25–50% shares
25–50% votes

British · England · Age 33

293, Green Lanes, Palmers Green, N13 4XS

Notified 14/07/2016

Charges2 outstanding

Charge
outstanding

HSBC BANK PLC

Created 20/01/2017Registered 25/01/2017
Charge
outstanding

HSBC BANK PLC

Created 13/10/2016Registered 13/10/2016

CompanyRankvs 57410+ SIC 68209 peers
53

Financial strength89th percentile among SIC peers · 22/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.2× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength22/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity10/15 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/07/2025

Net Worth

£499k

Balance sheet strength

Cash

£16k

Cash in the bank

Net Current Assets

-£224k

Working capital

Current Assets

£57k

Current Liabilities

£281k

Fixed Assets

£1.1M

Debtors

£41k

3avg. employees+2

Balance Sheet

Assets less current liabilities£903k
Signed by Mr Gokhan Merel Mr Dogan Merel 13/03/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.20+£212k
20240.18+£51k
20230.14+£53k
20220.07+£39k
20210.06+£24k
20200.08+£32k
20190.09+£27k

Derived from filed accounts. Not audited figures.