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Mg Iconic Ltd

15244477

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)

Details

2 WITTON COURT, DERBY, DE24 3HX
Incorporated 28/10/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68201
Renting and operating of Housing Association real estate

Officers

Miss Gagandeep Kaur

director · Since 28/10/2023

COMPANY DIRECTOR

INDIAN · ENGLAND · Age 22

Mr Manjit Singh Sandhu

director · Since 28/10/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 33

Persons with Significant Control

Mr Manjit Singh Sandhu

25–50% shares
25–50% votes
Appoint directors

British · England · Age 33

2, Witton Court, Derby, DE24 3HX

Notified 28/10/2023

Miss Gagandeep Kaur

25–50% shares
25–50% votes
Appoint directors

Indian · England · Age 22

2, Witton Court, Derby, DE24 3HX

Notified 28/10/2023

CompanyRankvs 10435+ SIC 68201 peers
36

Financial strength34th percentile among SIC peers · 9/25
Employees61th percentile among SIC peers · 9/15
LiquidityNo balance sheet data · 0/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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10435Mg Iconic Ltd
35
How is this score calculated?
Financial strength9/25 pts

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

Employees9/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/10/2024

Net Worth

£2

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

—

Current Liabilities

—

1avg. employees

Balance Sheet

Intangible assets£2
Prepared with VT Final Accounts