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Mgs Worldwide Ltd

15230439

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)

Details

OFFICE 9159 182-184 HIGH STREET NORTH, LONDON, E6 2JA
Incorporated 24/10/2023

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

Overdue

Confirmation statement

Last: 23/10/2025

Due 06/11/2026

On track

Industry

32300
Manufacture of sports goods

Officers

Mr Kareem Shyheim Wilson-Reynolds

director · Since 24/10/2023

DRIVER

BRITISH · ENGLAND

Mr Montell Washington Mauricette-Hawkins

director · Since 10/11/2025

DIRECTOR

BRITISH · ENGLAND

Persons with Significant Control

Mr Kareem Shyheim Wilson-Reynolds

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

British · England

Notified 24/10/2023

CompanyRankvs 1385+ SIC 32300 peers
29

Financial strength25th percentile among SIC peers · 6/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.49× · 2/20
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 strength6/25 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.

Liquidity2/20 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 31/10/2025

Turnover

£0

Annual revenue

Net Worth

-£113

Balance sheet strength

Cash

£289

Cash in the bank

Profit Before Tax

-£402

Bottom line earnings

Net Current Assets

-£300

Working capital

Current Assets

£289

Current Liabilities

£589

Fixed Assets

£187

Debtors

£0

Cost of Sales

£0

Gross Profit

£0

Admin Expenses

£384

Operating Profit

-£402

0avg. employees-1

Balance Sheet

Intangible assets£120
Assets less current liabilities-£113
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20250.49
20240.00

Derived from filed accounts. Not audited figures.