Back to search

Mga (Nuneaton) Limited

11010259

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

1&2 MERCIA VILLAGE TORWOOD CLOSE, COVENTRY, CV4 8HX
Incorporated 12/10/2017

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 11/10/2025

Due 25/10/2026

On track

Industry

93130
Fitness facilities

Officers

Mr Sean Ashton

director · Since 12/10/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 40

Mrs Sam Thompson

director · Since 12/10/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Also on 2 other boards

Persons with Significant Control

Mr Sean Ashton

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

British · United Kingdom · Age 40

1&2 Mercia Village, Torwood Close, Coventry, CV4 8HX

Notified 12/10/2017

Mrs Sam Thompson

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

British · United Kingdom · Age 44

1&2 Mercia Village, Torwood Close, Coventry, CV4 8HX

Notified 12/10/2017

CompanyRankvs 5332+ SIC 93130 peers
43

Financial strength6th percentile among SIC peers · 2/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.4× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1The Feathers Association
90
2Fawrona Limited
90
3Competition Line (U.K.) Limited
90
4Stock Brook Manor (Golf Club) Limited
90
5Pacific Health And Fitness Limited
90
6Pristine Condition International Ltd
90
7Harrogate Sports And Fitness Club Limited
90
8F X Leisure Limited
90
9Torq Limited
90
10The Cranleigh Golf & Leisure Club Limited
90
5332Mga (Nuneaton) Limited
42
How is this score calculated?
Financial strength2/25 pts

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

Employees15/15 pts

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

Liquidity2/20 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 31/10/2024

Net Worth

-£67k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£53k

Working capital

Current Assets

£35k

Current Liabilities

£88k

Fixed Assets

£14k

Debtors

£35k

12avg. employees+12

Balance Sheet

Assets less current liabilities-£39k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.40-£40k
20230.83+£4k
20220.75-£14k
20211.16+£4k
20201.89-£16k
20190.64-£2k
20180.67—

Derived from filed accounts. Not audited figures.