Mrgc Investments Ltd
12958410
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- 5 outstanding charges (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Avtar Singh Sahota
British · United Kingdom · Age 49
7, Grasmere Avenue, Coventry, CV3 6AY
Notified 19/10/2020
Mrs Rajinder Kaur Sahota
British · United Kingdom · Age 48
7, Grasmere Avenue, Coventry, CV3 6AY
Notified 19/10/2020
Charges5 outstanding
VIDA BANK LIMITED
BELMONT GREEN FINANCE LIMITED TRADING AS VIDA HOMELOANS
VIDA HOMELOANS
THE MORTGAGE WORKS (UK) PLC
CHARTER COURT FINANCIAL SERVICES LIMITED TRADING AS PRECISE MORTGAGES
CompanyRankvs 9002+ SIC 68100 peers66
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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.
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 31/10/2024
Net Worth
£297k
Balance sheet strength
Cash
£134k
Cash in the bank
Net Current Assets
£133k
Working capital
Current Assets
£134k
Current Liabilities
£700
Fixed Assets
£1.0M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 190.94 | +£138k |
| 2023 | 122.38 | +£174k |
| 2022 | 0.13 | -£20k |
| 2021 | 0.66 | — |
Derived from filed accounts. Not audited figures.