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Mj Mcgarrity Ltd

15455794

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)
  • Current liabilities exceed current assets (-10)

Details

6 ASPEN DRIVE, LEEDS, LS14 3DT
Incorporated 31/01/2024

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 30/01/2026

Due 13/02/2027

On track

Industry

70221
Financial management
74201
Portrait photographic activities
74209
Other photographic activities

Officers

Michael James Mcgarrity

director · Since 31/01/2024

CHARTERED ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 34

Persons with Significant Control

Michael James Mcgarrity

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

British · United Kingdom · Age 34

6, Aspen Drive, Leeds, LS14 3DT

Notified 31/01/2024

CompanyRankvs 15996+ SIC 70221 peers
24

Financial strength10th percentile among SIC peers · 3/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees2/15 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.

Longevity2/15 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 31/12/2024

Net Worth

-£2k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£4k

Working capital

Current Assets

£129

Current Liabilities

£4k

Fixed Assets

£2k

0avg. employees

Balance Sheet

Assets less current liabilities-£2k
Signed by 31.1.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent Ratio
20240.03

Derived from filed accounts. Not audited figures.