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Mgs Safety Management Ltd

15161230

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

OFFICE, 31, NORWICH, NR1 3DY
Incorporated 25/09/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Matthew Glyn Sadler

director · Since 25/09/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 39

Also on 2 other boards

Persons with Significant Control

Mr Matthew Glyn Sadler

25–50% shares
25–50% votes

British · United Kingdom · Age 39

Office, 31, Cattle Market Street, Norwich, NR1 3DY

Notified 25/09/2023

Mrs Nicola Eva Sadler

25–50% shares
25–50% votes

British · United Kingdom · Age 38

Office, 31 Cattle Market Street, Norwich, NR1 3DY

Notified 25/09/2023

CompanyRankvs 109879+ SIC 82990 peers
46

Financial strength48th percentile among SIC peers · 12/25
Employees69th percentile among SIC peers · 10/15
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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109879Mgs Safety Management Ltd
41
How is this score calculated?
Financial strength12/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees10/15 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 30/09/2024

Net Worth

£752

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

-£7k

Working capital

Current Assets

£32k

Current Liabilities

£39k

Fixed Assets

£10k

Debtors

£25k

2avg. employees

Balance Sheet

Bank loans & overdrafts£21k
Assets less current liabilities£3k
Signed by 15161230 2023-09-25 2024-09-30 15161230 2024-09-30 15161230 bus:OrdinaryShareClass1 2024-09-30 15161230 bus:OrdinarySharPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent Ratio
20240.82

Derived from filed accounts. Not audited figures.