Mgs Contracts Limited
11102448
Healthy
- No accounts filed in last 18 months (-5)
Details
Compliance
Last accounts
31/10/2024
micro entity
Next accounts due
31/07/2026
Confirmation statement
Last: 06/12/2025
Due 20/12/2026
Industry
Officers
Persons with Significant Control
Mr Adam Cavell
British · England · Age 33
6, Clinton Avenue, Nottingham, NG5 1AW
Notified 15/07/2019
Former PSCs
Mr Kevin Dennis Marsh
Ceased 15/07/2019
Mr Russell James Neil Thompson
Ceased 12/10/2018
CompanyRankvs 37894+ SIC 41202 peers46
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
£143
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£143
Working capital
Current Assets
£236k
Current Liabilities
£236k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 1.00 |
| 2023 | 1.00 |
| 2022 | 1.02 |
| 2021 | 1.02 |
| 2020 | 1.02 |
| 2019 | 0.96 |
Derived from filed accounts. Not audited figures.