Back to search

Mgh1 Ltd

14270791

active
Private Limited Company
Companies House
Health Score
59 / 100

Notable Risks

25/30
Filing
0/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

CHEECA LODGE, GODSTONE, RH9 8DE
Incorporated 02/08/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Mr Mark Oliver Mcelduff

director · Since 02/08/2022

COMPANY DIRECTOR

IRISH · ENGLAND · Age 51

Also on 18 other boards

Persons with Significant Control

Mac Group Limited

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

Cheeca Lodge, Flower Lane, Godstone, RH9 8DE

Reg: 11048181 · Companies House · Limited By Shares

Notified 22/01/2025

Former PSCs

Mr Mark Oliver Mcelduff

Ceased 22/01/2025

Charges3 outstanding

Charge
outstanding

PARAGON DEVELOPMENT FINANCE LIMITED

Created 09/10/2023Registered 12/10/2023
Charge
outstanding

PARAGON DEVELOPMENT FINANCE LIMITED

Created 09/10/2023Registered 12/10/2023
Charge
outstanding

MARK JAMES NOBLE

Created 09/10/2023Registered 09/10/2023

CompanyRankvs 23515+ SIC 64209 peers
40

Financial strength7th percentile among SIC peers · 2/25
Employees58th percentile among SIC peers · 9/15
LiquidityCurrent ratio 436.18× · 20/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1Bibby Line Group Limited
90
2A H Worth And Company Limited
90
3Lancaster Leisure Limited
90
4Tindle Newspapers Limited
90
5Dukefield Limited
90
6B.C.A. Group Ltd
90
7Roberto Bucci (U.K.) Limited
90
8Cullingworth Commercials And Freight Services Limited
90
9Unusual Industries Limited
90
10Thrift Developments Limited
90
23515Mgh1 Ltd
49
How is this score calculated?
Financial strength2/25 pts

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

Employees9/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/08/2024

Net Worth

-£6k

Balance sheet strength

Cash

£896

Cash in the bank

Net Current Assets

£10.7M

Working capital

Current Assets

£10.7M

Current Liabilities

£24k

Debtors

£6k

1avg. employees

Balance Sheet

Assets less current liabilities£10.7M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent Ratio
2024436.18

Derived from filed accounts. Not audited figures.