Mgco Ltd
14873629
Some Concerns
- Current liabilities exceed current assets (-10)
- 5 outstanding charges (-10)
Details
Compliance
Last accounts
31/03/2025
total exemption full
Next accounts due
31/12/2026
Confirmation statement
Last: 30/04/2026
Due 14/05/2027
Industry
Officers
director · Since 16/05/2023
DIRECTOR
BRITISH · UNITED KINGDOM · Age 34
Also on 4 other boards
Persons with Significant Control
Mr Jayesh Valji Gorsia
British · United Kingdom · Age 34
92 Station Lane, Hornchurch, RM12 6LX
Notified 16/05/2023
Charges5 outstanding
TOGETHER COMMERCIAL FINANCE LIMITED
TOGETHER COMMERCIAL FINANCE LIMITED
TOGETHER COMMERCIAL FINANCE LIMITED
TOGETHER COMMERCIAL FINANCE LIMITED
THE MORTGAGE WORKS (UK) PLC
THE MORTGAGE WORKS (UK) PLC
CompanyRankvs 64320+ SIC 68100 peers39
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/03/2025
Net Worth
£46k
Balance sheet strength
Cash
£8k
Cash in the bank
Net Current Assets
-£26k
Working capital
Current Assets
£19k
Current Liabilities
£45k
Debtors
£11k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.42 | +£49k |
Derived from filed accounts. Not audited figures.