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Mglovin Ltd

11510695

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk

No risk factors detected.

Details

508 BUSHEY MILL LANE, HERTFORDSHIRE, WD23 2AS
Incorporated 10/08/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46730
Wholesale of wood, construction materials and sanitary equipment

Officers

Mrs Jaimini Patel

director · Since 18/09/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Also on 1 other board

Persons with Significant Control

Mrs Jaimini Patel

Significant control

British · United Kingdom · Age 47

27, Old Gloucester Street, London, WC1N 3AX

Notified 01/09/2023

Former PSCs

Mr Mark Gore

Ceased 01/09/2023

Mr Nisheet Patel

Ceased 01/09/2023

CompanyRankvs 1261+ SIC 46730 peers
51

Financial strength74th percentile among SIC peers · 19/25
Employees58th percentile among SIC peers · 9/15
LiquidityNo balance sheet data · 0/20
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 strength19/25 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.

Liquidity0/20 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 31/08/2025

Net Worth

£157k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£227k

Working capital

Current Assets

Current Liabilities

£227k

Fixed Assets

£440k

2avg. employees

Director Loans

Company owes directors£226k

Balance Sheet

Assets less current liabilities£213k
Signed by Mrs Jaimini Patel 31/05/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
2025-£2k
2024-£11k
20230.36+£31k
20220.08+£9k
20210.06-£10k
20201.49+£59k
20194.95

Derived from filed accounts. Not audited figures.