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Mgs Automotive Ltd

13126181

active
ltd
england wales
Companies House
Insolvency history
Health Score
50 / 100

Notable Risks

30/30
Filing
0/30
Financial
20/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Active insolvency proceedings (-20)

Details

Unit 4 Waterside, Macclesfield, SK11 7HG
Incorporated 11/01/2021

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 18/11/2025

Due 02/12/2026

On track

Industry

45200
Maintenance and repair of motor vehicles

Officers

Mr Alexander Augustin Paredes

director · Since 31/01/2022

CONSULTANCY

BRITISH · ENGLAND · Age 53

Also on 5 other boards

Alexander Augustin Paredes

director · Since 31/01/2022

British · England · Age 53

Former

Mark William Davenport

director · Resigned 31/01/2022

Persons with Significant Control

Alexander Paredes

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

British · England · Age 53

Xeinadin Corporate Recovery Limited, 100 Barbirolli Square, Manchester, M2 3BD

Notified 11/01/2021

Former PSCs

Mr Mark William Davenport

Ceased 01/12/2022

Insolvency History1 case

creditors voluntary liquidation30/06/2026

Jessica Barker (practitioner) · Alessandro Sidoli (practitioner)

Change History

status → active
2026-07-16

Active

type → ltd
2026-07-16

Private Limited Company

address line1 → Unit 4 Waterside
2026-07-16

UNIT 4

post town → Macclesfield
2026-07-16

MACCLESFIELD

CompanyRankvs 32823+ SIC 45200 peers
24

Financial strength6th percentile among SIC peers · 2/25
Employees62th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.24× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
Show leaderboard
1Wallis & Son Limited
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2J.P. Arthur & Sons Limited
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3T.Reeve And Son Limited
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4P. Goddard & Sons Limited
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5Leeson'S Garage Limited
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6Hadleigh Tyre Services Limited
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7Platts Motor Company Limited
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8Crossroads Truck & Bus Limited
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9Whartons Garage Limited
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10Holders Of Congresbury Limited
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32823Mgs Automotive Ltd
33
How is this score calculated?
Financial strength2/25 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.

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.

Risk deductions

Insolvency history: -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

-£38k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£38k

Working capital

Current Assets

£12k

Current Liabilities

£50k

Fixed Assets

£225

Debtors

-£3k

3avg. employees-2

Tax at Year End

VAT£647
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.24-£55k£13k
20241.63+£9k—
20231.53——

Derived from filed accounts. Not audited figures.