Mgb Transport And Removals Ltd
12182106
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 30/08/2019
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 37
Also on 2 other boards
director · Since 01/03/2022
OPERATIONS MANAGER
BRITISH · ENGLAND · Age 49
Also on 1 other board
Persons with Significant Control
Miss Megan Alice Atherton
British · England · Age 37
Unit 11 Howard Road, Howard Road, Redditch, B98 7SE
Notified 30/08/2019
CompanyRankvs 2969+ SIC 49420 peers37
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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 30/08/2024
Net Worth
-£78k
Balance sheet strength
Cash
£13k
Cash in the bank
Net Current Assets
-£67k
Working capital
Current Assets
£60k
Current Liabilities
£128k
Fixed Assets
£15k
Debtors
£48k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.47 | -£15k |
| 2023 | 0.44 | — |
Derived from filed accounts. Not audited figures.