Back to search

Mg Accountants Sw Limited

11846532

active
Private Limited Company
england wales
Companies House
Health Score
95 / 100

Healthy

25/30
Filing
30/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

WATCOMBE PRIORS LODGE, TORQUAY, TQ1 4SQ
Incorporated 25/02/2019

Compliance

Last accounts

31/05/2025

micro entity

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 22/10/2025

Due 05/11/2026

On track

Industry

69201
Accounting and auditing activities

Officers

Mrs Marlene Baylis

director · Since 25/02/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 72

Also on 2 other boards

Miss Alice Elizabeth Corten

director · Since 10/11/2025

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 30

Also on 1 other board

Persons with Significant Control

Mrs Marlene Baylis

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

British · England · Age 72

Watcombe Priors Lodge, Teignmouth Road, Torquay, TQ1 4SQ

Notified 21/10/2025

Former PSCs

Mrs Marlene Baylis

Ceased 20/05/2022

Xeinadin Uk Professional Services Limited

Ceased 21/10/2025

Xeinadin Group Limited

Ceased 21/10/2025

CompanyRankvs 24609+ SIC 69201 peers
45

Financial strength34th percentile among SIC peers · 9/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio -0.93× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1Quill Pinpoint Limited
90
2Insight Travel Services Limited
90
3Morris Crocker Limited
90
4Graham Paul Limited
90
5M D Coxey & Co Limited
90
6Carpenter Box Limited
90
7Payroll Options Limited
90
8Bennett Brooks & Co Limited
90
9Andrews And Palmer Limited
90
10Johnsons Financial Management Limited
90
24609Mg Accountants Sw Limited
43
How is this score calculated?
Financial strength9/25 pts

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

Employees12/15 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.

Longevity7/15 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 31/05/2020

Turnover

£247k

Annual revenue

Net Worth

£410

Balance sheet strength

Cash

£18k

Cash in the bank

Profit Before Tax

£45k

Bottom line earnings

Net Current Assets

—

Working capital

Current Assets

£79k

Current Liabilities

-£86k

Debtors

£61k

Cost of Sales

£113k

Gross Profit

£134k

Admin Expenses

£86k

Operating Profit

£45k

Profit After Tax

£35k

4avg. employees

Tax at Year End

Corp tax£9k
Dividends paid-£20k

People Costs

Wages & salaries£109k
NI contributions£890
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent Ratio
20200.93

Derived from filed accounts. Not audited figures.