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Mg Tipping Limited

14642588

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

2 BEECH GROVE CLOSE, PRESTON, PR3 1TT
Incorporated 06/02/2023

Compliance

Last accounts

28/02/2026

micro entity

Next accounts due

30/11/2027

On track

Confirmation statement

Last: 05/02/2026

Due 19/02/2027

On track

Industry

43210
Electrical installation

Officers

Mr Martin Tipping

director · Since 06/02/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Persons with Significant Control

Mr Martin Tipping

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

British · United Kingdom · Age 59

2, Beech Grove Close, Preston, PR3 1TT

Notified 06/02/2023

CompanyRankvs 37407+ SIC 43210 peers
35

Financial strength30th percentile among SIC peers · 8/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.82× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength8/25 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.

Longevity3/15 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 28/02/2026

Net Worth

£175

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£1k

Working capital

Current Assets

£6k

Current Liabilities

£7k

Fixed Assets

£1k

1avg. employees
Signed by M Tipping,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20260.82
20260.82
20251.12-£3k
20241.51

Derived from filed accounts. Not audited figures.