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M G T Painting And Decorating Ltd

12299188

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

21 KINGSFIELD, BRADFORD-ON-AVON, BA15 1AN
Incorporated 05/11/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43341
Painting

Officers

Mr Michael Graham Tagg

director · Since 01/12/2023

PAINTER

BRITISH · ENGLAND · Age 42

Ms Lucy Claire Luxford

director · Since 06/04/2024

DIRECTOR

BRITISH · ENGLAND · Age 38

Persons with Significant Control

Ms Lucy Claire Luxford

25–50% shares
25–50% votes

British · England · Age 38

21, Kingsfield, Bradford-On-Avon, BA15 1AN

Notified 01/12/2023

Mr Michael Graham Tagg

50–75% shares
50–75% votes
Appoint directors

British · England · Age 42

21, Kingsfield, Bradford-On-Avon, BA15 1AN

Notified 10/04/2024

Former PSCs

Mr Michael Graham Tagg

Ceased 01/12/2023

Ms Lucy Claire Luxford

Ceased 29/03/2021

Ms Lucy Claire Luxford

Ceased 26/05/2023

CompanyRankvs 9276+ SIC 43341 peers
40

Financial strength42th percentile among SIC peers · 11/25
Employees8th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0.78× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength11/25 pts

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

Employees1/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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 30/11/2025

Net Worth

£660

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£6k

Working capital

Current Assets

£21k

Current Liabilities

£27k

Fixed Assets

£7k

0avg. employees

Balance Sheet

Assets less current liabilities£660
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.78
20250.78
20240.86-£22k
20231.64+£6k
20221.97

Derived from filed accounts. Not audited figures.