Back to search

Mgc Investment Holdings Limited

14670716

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)
  • Going concern doubt noted in accounts (-10)

Details

105 HIGH STREET, WORCESTER, WR1 2HW
Incorporated 17/02/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Mr Paul Christopher Hawkes

director · Since 31/07/2024

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 13 other boards

Mr Richard Kenneth Steer

director · Since 31/07/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 91 other boards

Persons with Significant Control

Steer Automotive Group Limited

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

105, High Street, Worcester, WR1 2HW

Reg: 08239702 · Register Of Companies For England And Wales · Private Company Limited By Shares

Notified 31/07/2024

Former PSCs

Mr Vince Scudder

Ceased 31/07/2024

Mr Daniel Carl Wareham

Ceased 31/07/2024

CompanyRankvs 32136+ SIC 64209 peers
32

Financial strength84th percentile among SIC peers · 21/25
Employees18th percentile among SIC peers · 3/15
LiquidityNo balance sheet data · 0/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -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
6Roberto Bucci (U.K.) Limited
90
7Cullingworth Commercials And Freight Services Limited
90
8Unusual Industries Limited
90
9Thrift Developments Limited
90
10M Investment Group Limited
90
32136Mgc Investment Holdings Limited
42
How is this score calculated?
Financial strength21/25 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.

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.

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

identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concer

Key FinancialsYear ending 31/12/2023

Net Worth

£781k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

—

Current Liabilities

£280k

Fixed Assets

£256k

Debtors

£100

Cost of Sales

£7.9M

Admin Expenses

£4.3M

Profit After Tax

£916k

0avg. employees

Tax at Year End

Corp tax£428k
Dividends paid-£160k

People Costs

Wages & salaries£4.0M

Balance Sheet

Intangible assets£1.7M
Prepared with CCH Software