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Mgi Limited

12413384

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

5 TORRINGTON DRIVE, LOUGHTON, IG10 3TA
Incorporated 20/01/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43290
Other construction installation

Officers

Mr Wayne Mahoney

director · Since 20/01/2020

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Miss Louise Marcella Geach

secretary · Since 21/01/2020

Persons with Significant Control

Mr Wayne Mahoney

25–50% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 48

5, Torrington Drive, Loughton, IG10 3TA

Notified 20/01/2020

Miss Louise Macella Geach

25–50% shares

British · England · Age 54

5, Torrington Drive, Loughton, IG10 3TA

Notified 21/01/2020

CompanyRankvs 9448+ SIC 43290 peers
63

Financial strength84th percentile among SIC peers · 21/25
Employees26th percentile among SIC peers · 4/15
LiquidityCurrent ratio 1.53× · 16/20
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 strength21/25 pts

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

Employees4/15 pts

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

Liquidity16/20 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 31/03/2025

Net Worth

£81k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

£79k

Working capital

Current Assets

£229k

Current Liabilities

£150k

Fixed Assets

£2k

Debtors

£228k

1avg. employees

Tax at Year End

Corp tax£29k

People Costs(2024)

Wages & salaries£14k

Balance Sheet

Assets less current liabilities£81k
Prepared with Caseware UK (AP4) 2025.0.111

EstimatesDerived

YearCurrent RatioImplied Profit
20251.53+£0
20251.53-£121k
20242.44+£34k
20233.88

Derived from filed accounts. Not audited figures.