Mg55 Glass Ltd
11109518
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 12/05/2025
Due 26/05/2026
Industry
Officers
Persons with Significant Control
Mrs Irina Ghiderman
Romanian · England · Age 44
8, Milton Road, Manchester, M27 9SF
Notified 29/04/2025
Former PSCs
Mr Mihail Ghiderman
Ceased 29/04/2025
CompanyRankvs 2432+ SIC 43342 peers60
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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 31/12/2024
Turnover
£118k
Annual revenue
Net Worth
£9k
Balance sheet strength
Cash
£4k
Cash in the bank
Profit Before Tax
£9k
Bottom line earnings
Net Current Assets
£9k
Working capital
Current Assets
£11k
Current Liabilities
£2k
Debtors
£7k
Cost of Sales
£96k
Gross Profit
£22k
Admin Expenses
£13k
Operating Profit
£9k
Profit After Tax
£7k
Tax at Year End(2023)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 6.40 | -£8k |
| 2023 | 6.45 | — |
| 2022 | 0.97 | — |
| 2021 | 0.14 | — |
| 2019 | 0.55 | — |
Derived from filed accounts. Not audited figures.