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Mg National Services Ltd

15830129

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

BELMONT SUITE PARAGON BUSINESS PARK, BOLTON, BL6 6HG
Incorporated 10/07/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49420
Removal services

Officers

Mark Gregory

director · Since 10/07/2024

British

CompanyRankvs 31740+ SIC 49420 peers
28

Financial strength14th percentile among SIC peers · 4/25
Employees34th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.24× · 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 strength4/25 pts

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

Employees5/15 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 31/07/2025

Net Worth

-£3k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£19k

Working capital

Current Assets

£6k

Current Liabilities

£26k

Fixed Assets

£17k

1avg. employees

Balance Sheet

Assets less current liabilities-£3k
Signed by Mr. Mark Gregory 10/04/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.24

Derived from filed accounts. Not audited figures.