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Megit Properties Limited

12892146

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

3 THE ORCHARD RYECROFT ROAD, BRISTOL, BS36 2HW
Incorporated 21/09/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Michael Edward Green

director · Since 21/09/2020

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 1 other board

Persons with Significant Control

Megit Group Limited

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

3 The Orchard, Ryecroft Road, Bristol, BS36 2HW

Reg: 12888967 · Register Of Companies · Company Limited By Shares

Notified 21/09/2020

Charges1 outstanding

Charge
outstanding

THE LOWER MILL ESTATE LIMITED

Created 07/12/2020Registered 14/12/2020

CompanyRankvs 105097+ SIC 68209 peers
43

Financial strength13th percentile among SIC peers · 3/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 7.92× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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105097Megit Properties Limited
52
How is this score calculated?
Financial strength3/25 pts

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

Employees9/15 pts

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

Liquidity20/20 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 31/12/2024

Net Worth

-£12k

Balance sheet strength

Cash

£19k

Cash in the bank

Net Current Assets

£18k

Working capital

Current Assets

£21k

Current Liabilities

£3k

Fixed Assets

£884k

Debtors

£2k

1avg. employees

Balance Sheet

Assets less current liabilities£903k
Signed by M E Green 15/06/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20247.92-£4k
20238.64-£3k
20224.26—

Derived from filed accounts. Not audited figures.