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Mg Consulting Group Ltd

12362511

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

124 CITY ROAD, LONDON, EC1V 2NX
Incorporated 13/12/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Ms Favour Olufunmike Oreoluwa Godwin

director · Since 13/12/2019

CONSULTANT

BRITISH · ENGLAND · Age 39

Also on 2 other boards

Persons with Significant Control

Ms Favour Olufunmike Oreoluwa Godwin

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

British · England · Age 39

124 City Road, City Road, London, EC1V 2NX

Notified 13/12/2019

CompanyRankvs 86432+ SIC 62020 peers
37

Financial strength40th percentile among SIC peers · 10/25
Employees36th percentile among SIC peers · 5/15
LiquidityNo balance sheet data · 0/20
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 strength10/25 pts

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

Employees5/15 pts

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

Liquidity0/20 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 31/12/2024

Net Worth

£400

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£300

Working capital

Current Assets

Current Liabilities

£0

1avg. employees

Balance Sheet

Assets less current liabilities£400
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
2023NaN
2022NaN
2021NaN

Derived from filed accounts. Not audited figures.