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Mcginley New Co. 1 Ltd

11044786

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

5 BEAUCHAMP COURT, BARNET, EN5 5TZ
Incorporated 02/11/2017

Compliance

Last accounts

31/03/2024

total exemption full

Next accounts due

28/06/2026

On track

Confirmation statement

Last: 31/10/2025

Due 14/11/2026

On track

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Seamus Patrick Mcginley

director · Since 02/11/2017

DIRECTOR

BRITISH · ENGLAND · Age 71

Also on 6 other boards

Persons with Significant Control

Mr Seamus Patrick Mcginley

25–50% shares
25–50% votes

British · United Kingdom · Age 71

5 Beauchamp Court, Victors Way, Barnet, EN5 5TZ

Notified 02/11/2017

Mrs Marion Carmel Mcginley

25–50% shares
25–50% votes

British · United Kingdom · Age 71

5 Beauchamp Court, Victors Way, Barnet, EN5 5TZ

Notified 30/03/2019

Charges1 outstanding

Charge
outstanding

PARAGON BANK PLC

Created 04/06/2018Registered 20/06/2018

CompanyRankvs 212930+ SIC 68209 peers
26

Financial strength5th percentile among SIC peers · 1/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0× · 2/20
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 strength1/25 pts

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

Employees9/15 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.

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 31/03/2024

Net Worth

-£57k

Balance sheet strength

Cash

£700

Cash in the bank

Net Current Assets

-£191k

Working capital

Current Assets

£700

Current Liabilities

£192k

Debtors

£0

1avg. employees

Balance Sheet

Assets less current liabilities£184k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.00-£10k
20230.08-£5k
20220.05-£662
2021-£13k
2020-£14k

Derived from filed accounts. Not audited figures.