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Mgi Wolmer Gardens Limited

13446379

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Current liabilities exceed current assets (-10)
  • 5 outstanding charges (-10)

Details

1 ELECTRIC PARADE, ILFORD, IG3 8BY
Incorporated 09/06/2021

Compliance

Last accounts

30/06/2025

micro entity

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 03/06/2026

Due 17/06/2027

On track

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr. Ashish Jain

director · Since 09/06/2021

DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 68 other boards

Persons with Significant Control

Mr. Ashish Jain

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

British · England · Age 43

1, Electric Parade, Ilford, IG3 8BY

Notified 09/06/2021

Mr Ashish Jain

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

British · United Kingdom · Age 43

1, Electric Parade, Ilford, IG3 8BY

Notified 09/06/2021

Charges5 outstanding

Charge
outstanding

GB BANK LIMITED

Created 20/02/2025Registered 13/03/2025
Charge
outstanding

GB BANK LIMITED

Created 20/02/2025Registered 26/02/2025
Charge
outstanding

PUNJAB NATIONAL BANK (INTERNATIONAL) LIMITED

Created 22/10/2021Registered 10/11/2021
Charge
outstanding

PUNJAB NATIONAL BANK (INTERNATIONAL) LIMITED

Created 22/10/2021Registered 08/11/2021
Charge
outstanding

PUNJAB NATIONAL BANK (INTERNATIONAL) LIMITED

Created 22/10/2021Registered 08/11/2021

CompanyRankvs 95571+ SIC 68100 peers
31

Financial strength65th percentile among SIC peers · 16/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength16/25 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.

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.

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 30/06/2025

Net Worth

£8k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£25k

Working capital

Current Assets

£195

Current Liabilities

£25k

Fixed Assets

£851k

0avg. employees

Balance Sheet

Assets less current liabilities£826k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.01+£6k
20240.00
20230.00

Derived from filed accounts. Not audited figures.