Mgx Motor Finance Ltd
12848664
Healthy
- No accounts filed in last 18 months (-5)
Details
Compliance
Last accounts
30/09/2024
total exemption full
Next accounts due
30/06/2026
Confirmation statement
Last: 01/09/2025
Due 15/09/2026
Industry
Officers
Persons with Significant Control
Mr Adrian Paul Jackson
British · United Kingdom · Age 49
Mgx Motor Finance, Dunstall Park Road, Derby, DE24 8HJ
Notified 01/09/2022
Former PSCs
Mr Michael Andrew Cottier
Ceased 26/09/2023
Mr Gerry Smith
Ceased 02/12/2025
CompanyRankvs 28288+ SIC 96090 peers68
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/09/2024
Net Worth
£40k
Balance sheet strength
Cash
£57k
Cash in the bank
Net Current Assets
£39k
Working capital
Current Assets
£79k
Current Liabilities
£40k
Fixed Assets
£629
Debtors
£22k
Tax at Year End
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.98 | +£15k |
| 2023 | 1.68 | -£693 |
| 2022 | 1.68 | +£20k |
| 2021 | 5.26 | — |
Derived from filed accounts. Not audited figures.