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Mcg Accountants Limited

15985102

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)
  • Going concern doubt noted in accounts (-10)

Details

247 BURY OLD ROAD, MANCHESTER, M25 1JE
Incorporated 29/09/2024

Compliance

Next accounts due

29/06/2026

On track

Confirmation statement

Last: 28/09/2025

Due 12/10/2026

On track

Industry

69201
Accounting and auditing activities
69202
Bookkeeping activities

Officers

Mr Martin Charles Glass

director · Since 29/09/2024

CERTIFIED ACCOUNTANT

BRITISH · ENGLAND · Age 63

Also on 1 other board

Mrs Rozanne Kate Glass

secretary · Since 01/10/2024

Persons with Significant Control

Mr Martin Charles Glass

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

British · England · Age 63

247, Bury Old Road, Manchester, M25 1JE

Notified 29/09/2024

CompanyRankvs 20999+ SIC 69201 peers
41

Financial strength1th percentile among SIC peers · 0/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.73× · 20/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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20999Mcg Accountants Limited
50
How is this score calculated?
Financial strength0/25 pts

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

Employees14/15 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.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s

Key FinancialsYear ending 30/09/2025

Net Worth

-£56k

Balance sheet strength

Cash

£14k

Cash in the bank

Net Current Assets

£75k

Working capital

Current Assets

£103k

Current Liabilities

£28k

Fixed Assets

£30k

Debtors

£89k

8avg. employees

Balance Sheet

Intangible assets£2k
Assets less current liabilities£105k
Signed by Mr M Glass,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent Ratio
20253.73

Derived from filed accounts. Not audited figures.