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Mgs Automotive Ltd

13126181

active
Private Limited Company
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

UNIT 4, MACCLESFIELD, SK11 7HG
Incorporated 11/01/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

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

Persons with Significant Control

Alexander Paredes

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

British · England · Age 53

Unit 4, Waterside, Macclesfield, SK11 7HG

Notified 11/01/2021

Former PSCs

Mr Mark William Davenport

Ceased 01/12/2022

CompanyRankvs 33265+ SIC 45200 peers
33

Financial strength6th percentile among SIC peers · 2/25
Employees63th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.24× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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33265Mgs 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.

Longevity5/15 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

-£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.