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Mgw Developments Limited

12933735

active
ltd
england wales
Companies House
Health Score
70 / 100

Some Concerns

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

Details

Bron Yr Aur Nuneaton Road, Over Whitacre, Nr Coleshill, B46 2NR
Incorporated 06/10/2020

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 05/10/2025

Due 19/10/2026

On track

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Mark White

director · Since 06/10/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 66

Also on 1 other board

Mrs Deborah White

director · Since 02/03/2021

DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 1 other board

Mark White

director · Since 06/10/2020

British · United Kingdom · Age 66

Deborah White

director · Since 02/03/2021

British · England · Age 65

Former

Deborah White

director · Resigned 19/10/2020

Persons with Significant Control

Mr Mark White

25–50% shares

British · United Kingdom · Age 66

Bron Yr Aur, Nuneaton Road, Nr Coleshill, B46 2NR

Notified 06/10/2020

Mrs Deborah White

25–50% shares

British · England · Age 65

Bron Yr Aur, Nuneaton Road, Nr Coleshill, B46 2NR

Notified 06/10/2020

Change History

statusactive
2026-07-16

Active

typeltd
2026-07-16

Private Limited Company

address line1Bron Yr Aur Nuneaton Road
2026-07-16

BRON YR AUR NUNEATON ROAD

post townNr Coleshill
2026-07-16

NR COLESHILL

CompanyRankvs 263460+ SIC 68209 peers
30

Financial strength14th percentile among SIC peers · 4/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.23× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength4/25 pts

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

Employees3/15 pts

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

Liquidity2/20 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.

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

-£10k

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

-£34k

Working capital

Current Assets

£10k

Current Liabilities

£44k

Fixed Assets

£1.1M

Debtors

£2

0avg. employees

Balance Sheet

Assets less current liabilities£1.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.23-£4k
202419.99-£8k
20231.90

Derived from filed accounts. Not audited figures.