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Mgi Properties (North East) Limited

11107629

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

20 HARTFORD ROAD, DARLINGTON, DL3 8HE
Incorporated 12/12/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Michael John Gill

director · Since 12/12/2017

PROPERTY DEVELOPER

BRITISH · ENGLAND · Age 48

Mrs Victoria Kate Gill

director · Since 12/12/2017

PROPERTY DEVELOPER

BRITISH · UNITED KINGDOM · Age 49

Also on 6 other boards

Charges0 outstanding

Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 31/07/2018Registered 03/08/2018Satisfied 26/07/2024
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 04/07/2018Registered 17/07/2018Satisfied 26/07/2024

CompanyRankvs 142897+ SIC 68209 peers
46

Financial strength68th percentile among SIC peers · 17/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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142897Mgi Properties (North East) Limited
45
How is this score calculated?
Financial strength17/25 pts

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

Employees3/15 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 31/12/2024

Net Worth

£29k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£137k

Working capital

Current Assets

£2k

Current Liabilities

£139k

Fixed Assets

£166k

0avg. employees

Balance Sheet

Assets less current liabilities£29k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.01+£9k
20230.01+£14k
20210.02+£5k
20200.05+£916
20190.01+£7k
20180.00—

Derived from filed accounts. Not audited figures.