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Mgf Grocery Ltd

15819736

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

124 CITY ROAD, LONDON, EC1V 2NX
Incorporated 04/07/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating
47910
Retail sale via mail order houses or via Internet

Officers

Mr Giuseppe Faro

director · Since 04/07/2024

DIRECTOR

ITALIAN · ENGLAND · Age 37

Mr Mino Gatti

director · Since 04/07/2024

DIRECTOR

ITALIAN · ENGLAND · Age 41

Also on 1 other board

Persons with Significant Control

Mr Giuseppe Faro

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

Italian · England · Age 37

124, City Road, London, EC1V 2NX

Notified 04/07/2024

Mr Mino Gatti

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

Italian · England · Age 41

124, City Road, London, EC1V 2NX

Notified 04/07/2024

CompanyRankvs 11694+ SIC 47110 peers
50

Financial strength46th percentile among SIC peers · 12/25
Employees8th percentile among SIC peers · 1/15
LiquidityCurrent ratio 2.38× · 20/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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11694Mgf Grocery Ltd
49
How is this score calculated?
Financial strength12/25 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.

Liquidity20/20 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 31/07/2025

Net Worth

£5k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£5k

Working capital

Current Assets

£8k

Current Liabilities

£3k

0avg. employees

Balance Sheet

Assets less current liabilities£5k
Prepared with FreeAgent

EstimatesDerived

YearCurrent Ratio
20252.38

Derived from filed accounts. Not audited figures.