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Mg Clinical Ltd

10368776

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

3 CHANTRY COURT, CREWE, CW1 2DL
Incorporated 11/09/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

72110
Research and experimental development on biotechnology

Officers

Mrs Amanda Louise Garratt

director · Since 11/09/2016

CLINICAL RESEARCH

BRITISH · ENGLAND · Age 58

Persons with Significant Control

Mrs Amanda Louise Garratt

25–50% shares
25–50% votes
Appoint directors

British · England · Age 58

3 Chantry Court, Forge Street, Crewe, CW1 2DL

Notified 01/11/2023

CompanyRankvs 543+ SIC 72110 peers
72

Financial strength79th percentile among SIC peers · 20/25
Employees47th percentile among SIC peers · 7/15
LiquidityCurrent ratio 3.07× · 20/20
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 strength20/25 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.

Liquidity20/20 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 30/09/2024

Net Worth

£96k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£96k

Working capital

Current Assets

£142k

Current Liabilities

£46k

Fixed Assets

£587

1avg. employees

Balance Sheet

Assets less current liabilities£96k
Prepared with BTCSoftware AP Solution 2024 11.2.09

EstimatesDerived

YearCurrent RatioImplied Profit
20243.07+£3k
20233.08+£16k
20222.27+£43k
20212.04
20201.00
20191.83

Derived from filed accounts. Not audited figures.