Back to search

Mgs Worldwide Ltd

15230439

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)
  • 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

Accounts

Up to date

Confirmation statement

Up to date

Industry

32300
Manufacture of sports goods

Officers

Mr Kareem Shyheim Wilson-Reynolds

director · Since 24/10/2023

DRIVER

BRITISH · ENGLAND · Age 29

Mr Montell Washington Mauricette-Hawkins

director · Since 10/11/2025

DIRECTOR

BRITISH · ENGLAND · Age 29

Persons with Significant Control

Mr Kareem Shyheim Wilson-Reynolds

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

British · England · Age 29

Office 9159, 182-184 High Street North, London, E6 2JA

Notified 24/10/2023

CompanyRankvs 1160+ SIC 32300 peers
33

Financial strength23th percentile among SIC peers · 6/25
Employees49th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
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.

Employees7/15 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 31/10/2024

Turnover

£72

Annual revenue

Net Worth

-£774

Balance sheet strength

Cash

£0

Cash in the bank

Profit Before Tax

-£775

Bottom line earnings

Net Current Assets

-£961

Working capital

Current Assets

£0

Current Liabilities

£961

Fixed Assets

£187

Debtors

£0

Cost of Sales

£166

Gross Profit

-£94

Admin Expenses

£657

Operating Profit

-£775

1avg. employees

Balance Sheet

Intangible assets£120
Assets less current liabilities-£774
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20240.00

Derived from filed accounts. Not audited figures.