Back to search

Mgm (Hitchin) Limited

10311792

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

19 NEW ROAD, MILTON KEYNES, MK17 0JH
Incorporated 04/08/2016

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 05/11/2025

Due 19/11/2026

On track

Industry

41100
Development of building projects

Officers

Mr Glen Philip Eaton

director · Since 04/08/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Also on 10 other boards

Mr Michael Stuart Holliday

director · Since 04/08/2016

RESIDENTIAL DEVELOPER

BRITISH · UNITED KINGDOM · Age 48

Also on 5 other boards

Miss Meera Parmar

director · Since 21/11/2018

DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 11 other boards

Persons with Significant Control

Mgm Holdings Limited

75–100% shares

2 Liscombe West, Liscombe Park, Leighton Buzzard, LU7 0JL

Reg: 10520183 · Registrar Of Companies · Limited Company

Notified 10/09/2018

Former PSCs

Peter David Homes Limited

Ceased 10/09/2018

Charges0 outstanding

Charge
satisfied

HERITABLE DEVELOPMENT FINANCE LIMITED

Created 19/04/2021Registered 23/04/2021Satisfied 30/03/2026
Charge
satisfied

HERITABLE DEVELOPMENT FINANCE LIMITED

Created 19/04/2021Registered 23/04/2021Satisfied 30/03/2026
Charge
satisfied

HERITABLE DEVELOPMENT FINANCE LIMITED

Created 20/11/2020Registered 25/11/2020Satisfied 30/03/2026
Charge
satisfied

HERITABLE DEVELOPMENT FINANCE LIMITED

Created 06/11/2020Registered 16/11/2020Satisfied 30/03/2026
Charge
satisfied

HERITABLE DEVELOPMENT FINANCE LIMITED

Created 06/11/2020Registered 16/11/2020Satisfied 30/03/2026
Charge
satisfied

HERITABLE DEVELOPMENT FINANCE LIMITED

Created 06/11/2020Registered 16/11/2020Satisfied 30/03/2026
Charge
satisfied

HERITABLE DEVELOPMENT FINANCE LIMITED

Created 06/11/2020Registered 16/11/2020Satisfied 30/03/2026
Charge
satisfied

HERITABLE DEVELOPMENT FINANCE LIMITED

Created 06/11/2020Registered 16/11/2020Satisfied 30/03/2026
Charge
satisfied

HERITABLE DEVELOPMENT FINANCE LIMITED

Created 06/11/2020Registered 16/11/2020Satisfied 30/03/2026
Charge
satisfied

HERITABLE DEVELOPMENT FINANCE LIMITED

Created 06/11/2020Registered 16/11/2020Satisfied 30/03/2026
Charge
satisfied

HERITABLE DEVELOPMENT FINANCE LIMITED

Created 06/11/2020Registered 16/11/2020Satisfied 30/03/2026
Charge
satisfied

HERITABLE DEVELOPMENT FINANCE LIMITED

Created 18/12/2018Registered 19/12/2018Satisfied 30/03/2026
Charge
satisfied

HERITABLE DEVELOPMENT FINANCE LIMITED

Created 18/12/2018Registered 19/12/2018Satisfied 30/03/2026

CompanyRankvs 69873+ SIC 41100 peers
32

Financial strength12th percentile among SIC peers · 3/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.4× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength3/25 pts

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

Employees2/15 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.

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

-£19k

Balance sheet strength

Cash

£11k

Cash in the bank

Net Current Assets

-£19k

Working capital

Current Assets

£12k

Current Liabilities

£31k

Debtors

£1k

0avg. employees

Tax at Year End(2024)

Corp tax£137k

Balance Sheet

Assets less current liabilities-£19k
Prepared with Sage Accounts Production 24.0 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20250.40-£11k
20240.86-£9k
20231.00-£6k
20221.00-£40k
20211.01

Derived from filed accounts. Not audited figures.