Mgc Renewable Energy Solutions Limited
13871589
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 25/01/2022
SOLAR INSTALLER
BRITISH · WALES · Age 53
Also on 3 other boards
Persons with Significant Control
Mark Courtney
British · Wales · Age 53
5, Wingfield Crescent, Caerphilly, CF83 3NU
Notified 25/01/2022
Gregg Wyndham Courtney
British · Wales · Age 40
5, Wingfield Crescent, Caerphilly, CF83 3NU
Notified 25/01/2022
CompanyRankvs 36864+ SIC 43210 peers32
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/01/2025
Net Worth
-£9k
Balance sheet strength
Cash
£1k
Cash in the bank
Net Current Assets
-£10k
Working capital
Current Assets
£2k
Current Liabilities
£12k
Fixed Assets
£564
Debtors
£257
Tax at Year End(2024)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.15 | -£2k |
| 2024 | 0.01 | — |
| 2023 | 1.01 | — |
Derived from filed accounts. Not audited figures.