Back to search

Mcg Private Ltd

14445834

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

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

Details

FLAT 2, CHESTER, CH2 3JQ
Incorporated 26/10/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating
47910
Retail sale via mail order houses or via Internet

Officers

Mr Srikanth Sunkara

director · Since 26/10/2022

DIRECTOR

INDIAN · UNITED KINGDOM · Age 46

Also on 2 other boards

Persons with Significant Control

Mr Srikanth Sunkara

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

Indian · United Kingdom · Age 46

Flat 2, 39 Hamilton Street, Chester, CH2 3JQ

Notified 26/10/2022

CompanyRankvs 20377+ SIC 47110 peers
31

Financial strength11th percentile among SIC peers · 3/25
Employees20th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.85× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1Lewis & Cooper Limited
90
2Panzer (Delicatessen) Limited
90
3G.W.Proudfoot Limited
90
4Parkfoot Garage Limited
90
5Smiths (Englefield Green) Limited
90
6All Style Design Limited
90
7Partridges Of Sloane Street Limited
90
8A.A. & Sons Limited
90
9Partridges Of Sloane Square Limited
90
10W. Wing Yip (Manchester) Limited
90
20377Mcg Private Ltd
26
How is this score calculated?
Financial strength3/25 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.

Liquidity6/20 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.

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

Key FinancialsYear ending 31/10/2024

Net Worth

-£10k

Balance sheet strength

Cash

£816

Cash in the bank

Net Current Assets

-£3k

Working capital

Current Assets

£18k

Current Liabilities

£21k

Fixed Assets

£75k

1avg. employees

Balance Sheet

Intangible assets£61k
Assets less current liabilities£72k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.85+£0
20240.85-£9k
20234.91—

Derived from filed accounts. Not audited figures.