Mgn Iw Limited
12495317
Some Concerns
- Negative net worth (-10)
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 03/03/2020
ELECTRICIAN
BRITISH · ENGLAND · Age 43
Also on 2 other boards
director · Since 03/03/2020
SANDPIT OPERATIVE
BRITISH · ENGLAND · Age 43
Also on 1 other board
director · Since 03/03/2020
SANDPIT OPERATIVE
BRITISH · ENGLAND · Age 45
Also on 1 other board
Persons with Significant Control
Mr Daniel Roger Morgan
British · England · Age 47
Marlingate, Moor Lane, Newport, PO30 4DL
Notified 09/03/2020
Charges3 outstanding
PARAGON BANK PLC
PARAGON BANK PLC
PARAGON BANK PLC
CompanyRankvs 266271+ SIC 68209 peers18
Show leaderboard
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.
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 31/03/2025
Net Worth
-£8k
Balance sheet strength
Cash
£34k
Cash in the bank
Net Current Assets
-£118k
Working capital
Current Assets
—
Current Liabilities
£152k
Fixed Assets
£400k
Balance Sheet
EstimatesDerived
| Year | Implied Profit |
|---|---|
| 2025 | +£7k |
| 2024 | -£552 |
| 2023 | -£4k |
| 2022 | +£2k |
Derived from filed accounts. Not audited figures.