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Mgs (Realisations) Limited

10866854

in administration
Private Limited Company
Companies House
Health Score
N/A

Details

C/O KR8 ADVISORY LIMITED, MANCHESTER, M2 5NT
Incorporated 14/07/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

78109
Other activities of employment placement agencies

Officers

Mr Matthew Miles Kershaw

director · Since 14/07/2017

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 36

Mr Hosamel-Din Ibrahim

director · Since 03/10/2023

DIRECTOR

CANADIAN · CANADA · Age 46

Mr Vakeesan Indrakumar

director · Since 03/10/2023

MANAGING PARTNER

CANADIAN · CANADA · Age 35

Ms Shaemin Ukani

director · Since 03/10/2023

DIRECTOR

CANADIAN · CANADA · Age 57

Mr Bradley Steven Wood

director · Since 03/10/2023

SALES DIRECTOR

BRITISH · UNITED KINGDOM · Age 33

Also on 1 other board

Persons with Significant Control

Mr Hosamel-Din Ibrahim

25–50% shares

Canadian · Canada · Age 46

C/O Kr8 Advisory Limited, 10-12 Mount Street, Manchester, M2 5NT

Notified 03/10/2023

Ms Shaemin Ukani

25–50% shares

Canadian · Canada · Age 57

C/O Kr8 Advisory Limited, 10-12 Mount Street, Manchester, M2 5NT

Notified 03/10/2023

Former PSCs

Mr Matthew Miles Kershaw

Ceased 03/10/2023

Mr Bradley Steven Wood

Ceased 03/10/2023

Charges3 outstanding

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CompanyRankvs 15+ SIC 78109 peers
26

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.13× · 12/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees0/15 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.

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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/07/2023

Net Worth

£53k

Balance sheet strength

Cash

£347k

Cash in the bank

Net Current Assets

£318k

Working capital

Current Assets

£2.7M

Current Liabilities

£2.4M

Fixed Assets

£3k

Debtors

£2.4M

1533avg. employees+1502

Tax at Year End(2018)

Dividends paid£35k

Balance Sheet

Assets less current liabilities£322k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20231.13+£52k
20221.19+£423
20211.99-£25k
20201.94-£63k
20191.12
20181.18

Derived from filed accounts. Not audited figures.