Mwg Developments Limited
15486754
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr William Loughrey
Irish · Northern Ireland · Age 62
Riverside House, 3, Place Farm, St. Albans, AL4 8SB
Notified 13/02/2024
Mr Gerard Mckenna
Irish · Northern Ireland · Age 48
Riverside House, 3, Place Farm, St. Albans, AL4 8SB
Notified 13/02/2024
Mr Michael Mchugh
Irish · United Kingdom · Age 65
Riverside House, 3, Place Farm, St. Albans, AL4 8SB
Notified 13/02/2024
CompanyRankvs 32723+ SIC 41100 peers54
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 28/02/2025
Net Worth
-£9k
Balance sheet strength
Cash
£378k
Cash in the bank
Net Current Assets
£287k
Working capital
Current Assets
£378k
Current Liabilities
£91k
Fixed Assets
£218k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 4.17 |
Derived from filed accounts. Not audited figures.