Mgc Websites Ltd
11200557
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 12/02/2018
WEBSITE DEVELOPER
ENGLISH · UNITED KINGDOM · Age 49
Persons with Significant Control
Mr Christopher Michael Drew
English · United Kingdom · Age 49
28 Alexandra Road, Mablethorpe, LN12 1BJ
Notified 12/02/2018
CompanyRankvs 11689+ SIC 62012 peers67
Show leaderboard
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 05/04/2025
Net Worth
£19k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£18k
Working capital
Current Assets
£21k
Current Liabilities
£4k
Fixed Assets
£2k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 5.64 | +£10k |
| 2024 | 3.97 | +£5k |
| 2023 | 1.85 | +£5k |
| 2022 | 0.89 | -£140 |
| 2021 | 0.59 | — |
Derived from filed accounts. Not audited figures.