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Connect Mg2 Ltd

14612349

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

UNIT 25 ABERAMAN INDUSTRIAL ESTATE, ABERDARE, CF44 6DA
Incorporated 23/01/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46520
Wholesale of electronic and telecommunications equipment and parts

Officers

Mr Nathaniel David Summerhill

director · Since 23/01/2023

PROJECT MANAGER

BRITISH · WALES · Age 37

Also on 1 other board

Mr Peter John Taylor

director · Since 01/02/2025

DIRECTOR

BRITISH · WALES · Age 48

Also on 2 other boards

Persons with Significant Control

Mr Nathaniel David Summerhill

50–75% shares
50–75% votes
Appoint directors

British · Wales · Age 37

Unit 25, Aberaman Industrial Estate, Aberdare, CF44 6DA

Notified 23/01/2023

Mr Peter John Taylor

25–50% shares
25–50% votes
Appoint directors

British · Wales · Age 48

14612349 - Companies House Default Address, Cardiff, CF14 8LH

Notified 01/02/2025

CompanyRankvs 753+ SIC 46520 peers
74

Financial strength89th percentile among SIC peers · 22/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 4.96× · 20/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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753Connect Mg2 Ltd
73
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.

Employees13/15 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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

£494k

Balance sheet strength

Cash

£467k

Cash in the bank

Net Current Assets

£437k

Working capital

Current Assets

£548k

Current Liabilities

£111k

Fixed Assets

£59k

Debtors

£67k

5avg. employees

Balance Sheet

Assets less current liabilities£496k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20254.96+£211k
20242.30—

Derived from filed accounts. Not audited figures.