Mg Painting And Decorating Ltd
10801156
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Mircea-George Fanatean
Romanian · England · Age 42
Flat 32a, Bushey Hall Road, Bushey, WD23 2ED
Notified 02/06/2017
Former PSCs
Mrs Florina Adina Fanatean
Ceased 01/09/2022
CompanyRankvs 10254+ SIC 43341 peers34
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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 30/06/2025
Net Worth
-£3k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£30k
Working capital
Current Assets
£30k
Current Liabilities
£32k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.92 | +£0 |
| 2025 | 0.92 | -£658 |
| 2024 | 0.94 | -£276 |
| 2022 | 839.08 | — |
| 2021 | 194.51 | — |
| 2020 | 22.59 | — |
| 2019 | 1.00 | — |
| 2018 | 0.97 | — |
Derived from filed accounts. Not audited figures.