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Mygal Estates Ltd

12460832

active
Private Limited Company
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

19 SPRING HILL, LONDON, E5 9BE
Incorporated 13/02/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr David Stobiecki

director · Since 13/02/2020

DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 9 other boards

Persons with Significant Control

Mr David Stobiecki

75–100% shares

British · England · Age 61

19, Spring Hill, London, E5 9BE

Notified 13/02/2020

Charges2 outstanding

Charge
outstanding

THE MORTGAGE LENDER LIMITED

Created 25/11/2024Registered 03/12/2024
Charge
outstanding

LENDINVEST BTL LIMITED

Created 09/11/2020Registered 12/11/2020

CompanyRankvs 301183+ SIC 68209 peers
18

Financial strength2th percentile among SIC peers · 1/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.66× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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301183Mygal Estates Ltd
24
How is this score calculated?
Financial strength1/25 pts

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

Employees0/15 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.

Longevity6/15 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 28/02/2025

Net Worth

-£147k

Balance sheet strength

Cash

£77k

Cash in the bank

Net Current Assets

-£171k

Working capital

Current Assets

£328k

Current Liabilities

£499k

Fixed Assets

£1.0M

Debtors

£251k

Balance Sheet

Assets less current liabilities£877k
Signed by Mr David Stobiecki 17/02/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.66+£0
20250.66-£92k
20240.00-£23k
20230.00-£22k
20220.00-£20k
20210.01—

Derived from filed accounts. Not audited figures.