Mg Residence Ltd
15407221
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 11/01/2024
COMPANY DIRECTOR
ROMANIAN · ENGLAND · Age 48
Also on 3 other boards
Persons with Significant Control
Mr Marius Georgescu
Romanian · England · Age 48
27, Queenwood Road, Stanford-Le-Hope, SS17 0FF
Notified 11/01/2024
Charges2 outstanding
STATE BANK OF INDIA (UK) LIMITED
LENDINVEST BTL LIMITED
CompanyRankvs 187636+ SIC 68100 peers11
Show leaderboard
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 31/01/2025
Net Worth
-£44k
Balance sheet strength
Cash
£2k
Cash in the bank
Net Current Assets
-£196k
Working capital
Current Assets
£2k
Current Liabilities
£198k
Fixed Assets
£602k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 0.01 |
Derived from filed accounts. Not audited figures.