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Mga Managers Limited

10361505

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

6TH FLOOR CAPITAL TOWER, LONDON, SE1 8RT
Incorporated 06/09/2016

Compliance

Last accounts

31/12/2024

unaudited abridged

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 06/09/2025

Due 20/09/2026

On track

Industry

65120
Non-life insurance

Officers

Mr Stephen Mark Cole

director · Since 06/09/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 10 other boards

Mr Martin Bevis Gray

director · Since 01/01/2018

DIRECTOR

BRITISH · ENGLAND · Age 74

Also on 13 other boards

Alasdair John Langdon Gray

director · Since 01/04/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 34

Also on 2 other boards

Persons with Significant Control

Martin Bevis Gray

25–50% shares
25–50% votes

British · United Kingdom · Age 66

6th Floor, Capital Tower, London, SE1 8RT

Notified 06/09/2016

Mr Stephen Mark Cole

25–50% shares
25–50% votes

British · United Kingdom · Age 61

6th Floor, Capital Tower, London, SE1 8RT

Notified 06/09/2016

Former PSCs

Mr Jason Anthony

Ceased 06/09/2016

CompanyRankvs 1550+ SIC 65120 peers
44

Financial strength1th percentile among SIC peers · 0/25
Employees48th percentile among SIC peers · 7/15
LiquidityCurrent ratio 1.09× · 12/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 pts

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

Employees7/15 pts

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

Liquidity12/20 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 31/12/2024

Net Worth

-£419k

Balance sheet strength

Cash

£14k

Cash in the bank

Net Current Assets

£87k

Working capital

Current Assets

£1.1M

Current Liabilities

£980k

Fixed Assets

£11k

Debtors

£1.1M

2avg. employees

Balance Sheet

Intangible assets£0
Assets less current liabilities£97k
Signed by 2024-01-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20241.09+£44k
20231.40-£80k
20223.27+£296k
20211.88-£94k
20205.03+£63k
20194.89-£292k
20186.40

Derived from filed accounts. Not audited figures.