M G Farms Limited
13475119
Healthy
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 24/06/2021
DIRECTOR
BRITISH · ENGLAND · Age 58
Also on 5 other boards
Persons with Significant Control
Mr Mark Richard Gorton
British · England · Age 58
Ingram House, 6 Meridian Way, Norwich, NR7 0TA
Notified 24/06/2021
Charges1 outstanding
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 768+ SIC 01470 peers23
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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 31/03/2025
Net Worth
£70k
Balance sheet strength
Cash
£34k
Cash in the bank
Net Current Assets
-£436k
Working capital
Current Assets
£57k
Current Liabilities
£493k
Fixed Assets
£1.3M
Debtors
£22k
Profit After Tax
£19k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.12 | — |
| 2024 | 0.32 | — |
| 2023 | 0.28 | -£8k |
| 2022 | 0.36 | — |
Derived from filed accounts. Not audited figures.