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Mgi Tech Uk Ltd

13982625

active - proposal to strike off
Private Limited Company
england wales
Companies House
Health Score
N/A

Details

C/O TMF GROUP 13TH FLOOR, LONDON, EC2R 7HJ
Incorporated 17/03/2022

Compliance

Last accounts

31/12/2023

full

Accounts

Up to date

Confirmation statement

Last: 16/03/2025

Due

On track

Industry

72110
Research and experimental development on biotechnology
82990
Other business support service activities

Officers

Tmf Corporate Administration Services Limited

secretary · Since 17/03/2022

BRITISH

Also on 1295 other boards

Mr Yong Hou

director · Since 17/03/2022

COMPANY DIRECTOR

CHINESE · CHINA · Age 37

Persons with Significant Control

Mr Jian Wang

50–75% shares

Chinese · China · Age 72

Main Building And Second Floor Of No. 11 Building, Beishan Industrial Zone, Yantian District, Shenzhen

Notified 17/03/2022

CompanyRankvs 20450+ SIC 72110 peers
29

Financial strength68th percentile among SIC peers · 17/25
Employees21th percentile among SIC peers · 3/15
LiquidityNo balance sheet data · 0/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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2045Mgi Tech Uk Ltd
39
How is this score calculated?
Financial strength17/25 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.

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity4/15 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

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

of particular transactions, other events and conditions on the entity's financial position and financial performance; and make an assessment of the company's ability to continue as a going concern. The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at an

Key FinancialsYear ending 31/12/2023

Net Worth

£20k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

—

Current Liabilities

—

Debtors

£28k

Cost of Sales

£23k

Admin Expenses

£388k

Profit After Tax

-£392k

0avg. employees

Balance Sheet

Interest payable£5k
Prepared with CCH Software

EstimatesDerived

YearImplied Profit
2023+£0

Derived from filed accounts. Not audited figures.