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Mg Barbers London Limited

15785878

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

738 EASTERN AVENUE, ILFORD, IG2 7HU
Incorporated 18/06/2024

Compliance

Last accounts

30/06/2025

micro entity

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 17/06/2025

Due 01/07/2026

On track

Industry

96020
Hairdressing and other beauty treatment

Officers

Mr Jaspal Moom

director · Since 18/06/2024

COMPANY DIRECTOR

INDIAN · ENGLAND · Age 42

Persons with Significant Control

Mr Jaspal Moom

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

Indian · England · Age 42

738, Eastern Avenue, Ilford, IG2 7HU

Notified 18/06/2024

CompanyRankvs 45520+ SIC 96020 peers
30

Financial strength23th percentile among SIC peers · 6/25
Employees8th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0.74× · 6/20
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 strength6/25 pts

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

Employees1/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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 30/06/2025

Turnover

£272

Annual revenue

Net Worth

-£64

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£65

Working capital

Current Assets

£185

Current Liabilities

£250

Profit After Tax

-£66

0avg. employees

Balance Sheet

Assets less current liabilities-£64
Signed by 18.6.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent Ratio
20250.74

Derived from filed accounts. Not audited figures.