Mg Ip Ltd
11988577
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/05/2025
micro entity
Next accounts due
28/02/2027
Confirmation statement
Last: 09/05/2026
Due 23/05/2027
Industry
Officers
secretary · Since 10/05/2019
director · Since 10/05/2019
MANAGING DIRECTOR
ENGLISH · ENGLAND · Age 64
Also on 2 other boards
Persons with Significant Control
Mrs Janet Veronica Berville
English · England · Age 69
3 Sceptre House, Hornbeam Square North, Harrogate, HG2 8PB
Notified 10/05/2019
Mr Mark Andrew Nattrass
English · England · Age 64
3 Sceptre House, Hornbeam Square North, Harrogate, HG2 8PB
Notified 10/05/2019
CompanyRankvs 1067+ SIC 77400 peers35
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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 31/05/2024
Net Worth
-£29k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£28k
Working capital
Current Assets
£1k
Current Liabilities
£29k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.04 | -£10k |
| 2023 | 0.02 | — |
Derived from filed accounts. Not audited figures.