M.G.M. Boats Limited
11852498
Healthy
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Nicholas David Thorpe
director · Since 06/09/2022
British
Wendy Bernice Thorpe
director · Since 06/09/2022
British
Former
Roger James Gronow
director · Resigned 06/09/2022
Andrew Clarke Mcintyre
director · Resigned 01/06/2020
Efc
corporate director · Resigned 28/02/2019
CompanyRankvs 2790+ SIC 50300 peers31
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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 31/08/2025
Net Worth
-£115k
Balance sheet strength
Cash
£27k
Cash in the bank
Net Current Assets
-£304k
Working capital
Current Assets
£37k
Current Liabilities
£341k
Fixed Assets
£190k
Debtors
£10k
Tax at Year End
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Est. Revenue |
|---|---|---|
| 2025 | 0.11 | £87k |
Derived from filed accounts. Not audited figures.