Back to search

Mgm Projects Ltd

13515050

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

88 KING STREET, WALLASEY, CH44 8AN
Incorporated 16/07/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43390
Other building completion and finishing
68209
Other letting and operating of own or leased real estate
68320
Management of real estate on a fee or contract basis

Officers

Mrs Khushbakht Saeeda

secretary · Since 16/07/2021

Also on 1 other board

Mrs Khushbakht Saeeda

director · Since 16/07/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 34

Also on 1 other board

Persons with Significant Control

Mrs Khushbakht Saeeda

25–50% shares
Appoint directors

British · United Kingdom · Age 34

128, City Road, London, EC1V 2NX

Notified 16/07/2021

Mrs Wajiha Fawad

25–50% shares

Pakistani · England · Age 30

88, King Street, Wallasey, CH44 8AN

Notified 09/03/2023

CompanyRankvs 23285+ SIC 43390 peers
48

Financial strength87th percentile among SIC peers · 22/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.09× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1F.Brown Limited
90
2Lindner Interiors Limited
90
3R.H.F.Heating Company Limited
90
4S. & A. Parsons (Building Contractors) Limited
90
5Gulliver Timber Treatments Limited
90
6Preservation Treatments Limited
90
7D.L. Storage Handling Limited
90
8C.L.C. Contractors Limited
90
9Milverdene Limited
90
10Elmsmere Interior Systems Limited
90
23285Mgm Projects Ltd
48
How is this score calculated?
Financial strength22/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees4/15 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 31/07/2024

Net Worth

£86k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£71k

Working capital

Current Assets

£7k

Current Liabilities

£79k

Fixed Assets

£158k

1avg. employees

Balance Sheet

Assets less current liabilities£87k
Signed by Mrs Khushbakht Saeeda 16 April 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.09+£28k
20230.21—
20221.21—

Derived from filed accounts. Not audited figures.