Mgh Electrical (South West) Limited
10407932
Healthy
No risk factors detected.
Details
Compliance
Last accounts
31/03/2025
total exemption full
Next accounts due
31/12/2026
Confirmation statement
Last: 02/10/2025
Due 16/10/2026
Industry
Officers
secretary · Since 03/10/2016
Persons with Significant Control
Mr Mark Hackett
British · United Kingdom · Age 52
18, Broad Street, Bristol, BS16 5NX
Notified 03/10/2016
Louise Hackett
British · United Kingdom · Age 51
18, Broad Street, Bristol, BS16 5NX
Notified 03/10/2016
CompanyRankvs 6104+ SIC 43210 peers74
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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
£70k
Balance sheet strength
Cash
£73k
Cash in the bank
Net Current Assets
£58k
Working capital
Current Assets
£77k
Current Liabilities
£19k
Fixed Assets
£12k
Debtors
£3k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 4.13 | +£8k |
| 2024 | 3.35 | +£5k |
| 2023 | 5.98 | +£19k |
| 2022 | 3.91 | +£5k |
| 2021 | 3.51 | +£10k |
| 2020 | 2.66 | -£22 |
| 2019 | 2.25 | — |
Derived from filed accounts. Not audited figures.