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Mgo Joinery Limited

10828026

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

124 CITY ROAD, LONDON, EC1V 2NX
Incorporated 20/06/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43320
Joinery installation

Officers

Mr Martyn Wesolowski

director · Since 20/06/2017

JOINER

BRITISH · UNITED KINGDOM · Age 40

Persons with Significant Control

Mr Martyn Wesolowski

25–50% shares

British · England · Age 40

124, City Road, London, EC1V 2NX

Notified 20/06/2017

Former PSCs

Mrs Elizabeth Jane Wesolowski

Ceased 09/01/2025

CompanyRankvs 14513+ SIC 43320 peers
32

Financial strength3th percentile among SIC peers · 1/25
Employees6th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0.55× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees1/15 pts

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

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity9/15 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

-£49k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

-£52k

Working capital

Current Assets

£63k

Current Liabilities

£115k

Fixed Assets

£3k

Debtors

£57k

0avg. employees-3

Tax at Year End

Corp tax-£51

Balance Sheet

Intangible assets£0
Assets less current liabilities-£49k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.55+£9k
20240.45-£24k
20230.70-£47k
20222.06+£1k
20211.07
20200.65
20190.94+£805
20180.80

Derived from filed accounts. Not audited figures.