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Mgs Restoration Ltd

10966157

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

167-169 GREAT PORTLAND STREET, LONDON, W1W 5PF
Incorporated 15/09/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

81222
Specialised cleaning services

Officers

Mr Richard David Coles

director · Since 15/09/2017

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Also on 1 other board

Mr Italo Ficetola

director · Since 15/09/2017

MANAGING DIRECTOR

ITALIAN · UNITED KINGDOM · Age 42

Also on 1 other board

Persons with Significant Control

Mr Richard David Coles

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

British · United Kingdom · Age 44

167-169, Great Portland Street, London, W1W 5PF

Notified 15/09/2017

Mr Italo Ficetola

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

Italian · United Kingdom · Age 42

167-169, Great Portland Street, London, W1W 5PF

Notified 15/09/2017

CompanyRankvs 352+ SIC 81222 peers
79

Financial strength94th percentile among SIC peers · 24/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 10.4× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
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90
3System Hygienics Limited
90
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90
5Swiftclean (Uk) Limited
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6Just Good Hygiene Limited
90
7Container Trak Ltd
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8Zi Technical Services Ltd.
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9T & H Contract Services Limited
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10Aqueous 1st Kwikflow Limited
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352Mgs Restoration Ltd
78
How is this score calculated?
Financial strength24/25 pts

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

Employees11/15 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.

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 30/09/2024

Net Worth

£99k

Balance sheet strength

Cash

£15k

Cash in the bank

Net Current Assets

£91k

Working capital

Current Assets

£100k

Current Liabilities

£10k

Fixed Assets

£9k

Debtors

£86k

3avg. employees

Tax at Year End

Corp tax£5k
VAT£20k

Balance Sheet

Assets less current liabilities£99k
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
202410.40+£17k£398k
20232.45+£29k£408k
202214.99+£32k—
20213.91+£1k—
20206.13-£17k—
20195.24-£4k—
201846.61——

Derived from filed accounts. Not audited figures.