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Mgf Contracts Limited

11146760

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

58 NEW BEDFORD ROAD, LUTON, LU1 1SH
Incorporated 12/01/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43290
Other construction installation

Officers

Mr Raducu George Fanica

director · Since 12/01/2018

DIRECTOR

BRITISH · ENGLAND · Age 35

Persons with Significant Control

Mr Raducu George Fanica

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 35

58, New Bedford Road, Luton, LU1 1SH

Notified 12/01/2018

Former PSCs

Mrs. Madalina Gabriela Fanica

Ceased 20/02/2026

CompanyRankvs 3416+ SIC 43290 peers
73

Financial strength84th percentile among SIC peers · 21/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 3.15× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength21/25 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.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity8/15 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 31/01/2025

Net Worth

£82k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£74k

Working capital

Current Assets

£109k

Current Liabilities

£35k

Fixed Assets

£8k

2avg. employees+1

Balance Sheet

Assets less current liabilities£82k
Signed by Mr RADUCU FANICA 03/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20253.15+£18k
20242.56-£28k
20233.76

Derived from filed accounts. Not audited figures.