MGL IT Consultancy Limited

Active Private Limited Company Micro Strike-off Risk Overdue Filings

Company No: SC381040 | Origin: United Kingdom

BALERNO, MIDLOTHIAN

Graph
May 1, 2021
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Turnover

Not available

No turnover reported
Employees

2

As of Apr 2020
Net Assets

£ 13,037.00

+4,480.7%
Tech Score

Not profiled

Technology signals unavailable
Key Insights
3 total
Accounts Filing Overdue
Critical

Annual accounts are 1552 days overdue (due 2022-02-01).

Confirmation Statement Overdue
Critical

Confirmation statement is 1699 days overdue (due 2021-09-07).

Late Accounts Filing
Low

Accounts for period ending 2020-04-02 were filed 98 days after period end.

Business Overview
Primary Industry
Office & Administrative Support
SIC Codes
  • 82990 Other business support service activities n.e.c.
Target Markets
Private Markets Administrative and Support Service Activities B2B
Key Capabilities

Technology insights not yet captured.

Contact Details

No direct contact information available.

Locations
Registered Office
4 Cherry Tree View
Balerno
Midlothian
EH14 5AP
Open in Maps
Trading Addresses
4 Cherry Tree View
Balerno
EH14 5AP
Open in Maps
Postcode coverage: EH14 5AP Explore Location
Local Authority: MIDLOTHIAN
Technology Profile
Infrastructure

No infrastructure signals detected.

Development Stack

Frontend stack not detected.

Capability Scores
Security N/A
Performance N/A
Modern Stack N/A
Associated Websites

No associated websites recorded.

Key People
2 total
MR MICHAEL LAING
Active
Director Senior Business Analyst
SCOTTISH
Appointed Jun 2010
View
MRS KATHRYN MARGARET LAING
Active
Director Director
BRITISH
Appointed Apr 2012
View
People with Significant Control (PSC)
Mr Michael Laing
Individual
Notified Jun 2017
Ownership Rights (25 to 50%)
View
Mrs Kathryn Margaret Laing
Individual
Notified Jun 2017
Ownership Rights (25 to 50%)
View
Shareholders

Shareholder information not available.

Corporate Structure
Parent Company
No parent recorded.
Subsidiaries
No subsidiaries disclosed.
Sister Companies
No sister companies recorded.
Financial Performance
Year ending Apr 2020
Operating Profit Not available
EBITDA Not available
Cash £ 28,122.00 +1,595.3%
Key Ratios
Current Ratio 1.44
Quick Ratio 1.44
Debt to Equity 2.26
Gross Profit Margin -
Net Profit Margin -
Return on Assets 0%
01/07/2019 to 02/04/2020
Filed 02/04/2020 • 9 month period
Abbreviated Accounts 2 employees
Profit & Loss YoY
Turnover£ --
Cost of Sales£ --
Gross Profit£ --
Operating Profit£ --
EBITDA£ --
Net Profit£ --
Depreciation£ --
Amortisation£ --
Interest Payments£ --
Total Staff Costs£ --
Wages & Salaries£ --
Social Security£ --
Pension Costs£ --
Director Emoluments£ --
Other Staff Costs£ --
Audit Fees£ --
Non-Audit Fees£ --
Balance Sheet YoY
Total Assets£ 42,522+18.9%
Fixed Assets£ --
Current Assets£ 42,522+19.3%
Cash£ 28,122+16.0%
Debtors£ 14,400+26.3%
Stock£ --
Total Liabilities£ 29,485+10.6%
Current Liabilities£ 29,485+10.6%
Long Term Liabilities£ --
Net Assets / Equity£ 13,037+44.8%
Share Capital£ 13,037+44.8%
Reserves£ --
Ratios
Current Ratio1.44
Quick Ratio1.44
Debt to Equity2.26
Gross Profit Margin-
Net Profit Margin-
Operating Margin-
Return on Assets0%
Return on Capital0%
Interest Coverage-
Working Capital£ 13,037+44.8%
Asset Turnover-
Debtor Days-
Creditor Days-
Stock Turnover Days-
01/07/2018 to 30/06/2019
Filed 30/06/2019 • 12 month period
Abbreviated Accounts
Profit & Loss YoY
Turnover£ --
Cost of Sales£ --
Gross Profit£ --
Operating Profit£ --
EBITDA£ --
Net Profit£ --
Depreciation£ 102-32.0%
Amortisation£ --
Interest Payments£ --
Total Staff Costs£ --
Wages & Salaries£ --
Social Security£ --
Pension Costs£ --
Director Emoluments£ --
Other Staff Costs£ --
Audit Fees£ --
Non-Audit Fees£ --
Balance Sheet YoY
Total Assets£ 35,755-2.0%
Fixed Assets£ 102+0.0%
Current Assets£ 35,653-2.0%
Cash£ 24,253-2.8%
Debtors£ 11,400+17.6%
Stock£ --
Total Liabilities£ 26,650+22.1%
Current Liabilities£ 26,650+22.1%
Long Term Liabilities£ --
Net Assets / Equity£ 9,003-38.5%
Share Capital£ 9,003-38.5%
Reserves£ --
Ratios
Current Ratio1.34
Quick Ratio1.34
Debt to Equity2.96
Gross Profit Margin-
Net Profit Margin-
Operating Margin-
Return on Assets0%
Return on Capital0%
Interest Coverage-
Working Capital£ 9,003-38.2%
Asset Turnover-
Debtor Days-
Creditor Days-
Stock Turnover Days-
01/07/2017 to 30/06/2018
Filed 30/06/2018 • 12 month period
Abbreviated Accounts
Profit & Loss YoY
Turnover£ --
Cost of Sales£ --
Gross Profit£ --
Operating Profit£ --
EBITDA£ --
Net Profit£ --
Depreciation£ 150-5.7%
Amortisation£ --
Interest Payments£ --
Total Staff Costs£ --
Wages & Salaries£ --
Social Security£ --
Pension Costs£ --
Director Emoluments£ --
Other Staff Costs£ --
Audit Fees£ --
Non-Audit Fees£ --
Balance Sheet YoY
Total Assets£ 36,491-30.6%
Fixed Assets£ 102-59.5%
Current Assets£ 36,389-30.4%
Cash£ 24,952-12.5%
Debtors£ 9,690-15.9%
Stock£ --
Total Liabilities£ 21,826-10.1%
Current Liabilities£ 21,826-10.1%
Long Term Liabilities£ --
Net Assets / Equity£ 14,648-48.1%
Share Capital£ 14,648-48.1%
Reserves£ --
Ratios
Current Ratio1.67
Quick Ratio1.67
Debt to Equity1.49
Gross Profit Margin-
Net Profit Margin-
Operating Margin-
Return on Assets0%
Return on Capital0%
Interest Coverage-
Working Capital£ 14,563-48.0%
Asset Turnover-
Debtor Days-
Creditor Days-
Stock Turnover Days-
01/07/2016 to 30/06/2017
Filed 30/06/2017 • 12 month period
Abbreviated Accounts
Profit & Loss YoY
Turnover£ --
Cost of Sales£ --
Gross Profit£ --
Operating Profit£ --
EBITDA£ --
Net Profit£ --
Depreciation£ 159-
Amortisation£ --
Interest Payments£ --
Total Staff Costs£ --
Wages & Salaries£ --
Social Security£ --
Pension Costs£ --
Director Emoluments£ --
Other Staff Costs£ --
Audit Fees£ --
Non-Audit Fees£ --
Balance Sheet YoY
Total Assets£ 52,547-4.4%
Fixed Assets£ 252-
Current Assets£ 52,295-4.9%
Cash£ 28,501+35.5%
Debtors£ 11,520-66.0%
Stock£ --
Total Liabilities£ 24,270-
Current Liabilities£ 24,270-
Long Term Liabilities£ --
Net Assets / Equity£ 28,234-48.6%
Share Capital£ 28,234+28,134.0%
Reserves£ --
Ratios
Current Ratio2.15
Quick Ratio2.15
Debt to Equity0.86
Gross Profit Margin-
Net Profit Margin-
Operating Margin-
Return on Assets0%
Return on Capital0%
Interest Coverage-
Working Capital£ 28,025-49.0%
Asset Turnover-
Debtor Days-
Creditor Days-
Stock Turnover Days-
01/07/2015 to 30/06/2016
Filed 30/06/2016 • 12 month period
Profit & Loss YoY
Turnover£ --
Cost of Sales£ --
Gross Profit£ --
Operating Profit£ --
EBITDA£ --
Net Profit£ --
Depreciation£ --
Amortisation£ --
Interest Payments£ --
Total Staff Costs£ --
Wages & Salaries£ --
Social Security£ --
Pension Costs£ --
Director Emoluments£ --
Other Staff Costs£ --
Audit Fees£ --
Non-Audit Fees£ --
Balance Sheet YoY
Total Assets£ 54,964-
Fixed Assets£ --
Current Assets£ 54,964-
Cash£ 21,035-
Debtors£ 33,929-
Stock£ --
Total Liabilities£ --
Current Liabilities£ --
Long Term Liabilities£ --
Net Assets / Equity£ 54,964-
Share Capital£ 100-
Reserves£ 34,847-
Ratios
Current Ratio-
Quick Ratio-
Debt to Equity0.00
Gross Profit Margin-
Net Profit Margin-
Operating Margin-
Return on Assets0%
Return on Capital0%
Interest Coverage-
Working Capital£ 54,964-
Asset Turnover-
Debtor Days-
Creditor Days-
Stock Turnover Days-
Financial Profile
Rating
N/A
Score: -
Risk Category
Not supplied
Charges present: No
Suggested Credit Limit
£ -
Payment Behaviour
No payment behaviour data captured.
Financial Health Indicators
  • Days to pay average: -
  • Debt to asset ratio: -
Credit Events

No material credit events reported.

This profile is generated from publicly available data and does not constitute a credit rating or financial advice.

Compliance & Filings
Critical Risk of Strike Off Non-Compliant Filings last year: 0 • Late: 0 • Last filing: 2280 days ago Strike-off Risk
Persons with Significant Control recorded: 2
Last Accounts Filed
Apr 2020
Type: Total Exemption Full
Next Accounts Due
Feb 2022
Status: Overdue (1552 days overdue)
Estimated late fee: £ 1,500.00
Confirmation Statement
Last: Not filed
Next due: Sept 2021 (1699 days overdue)
Charges & Mortgages
0 total charges
0 outstanding • 0 satisfied
Regulatory Requirements & Eligibility
Audit Required
Micro Entity Eligible
Small Company Regime
Audit Exemption Eligible
Dormant Company
PSC Register Required
PSC Info Filed
Compliance Issues
Critical Confirmation Statement
Confirmation statement is 1699 days overdue
Sept 2021 • 4 yrs ago
Critical Annual Accounts
Annual accounts are 1552 days overdue
Feb 2022 • 4 yrs ago
Critical Strike Off Risk
Company at risk of being struck off the register
Recent Filings
Accounts Submitted
Feb 2020 • 6 yrs ago

Annual accounts submitted for period ending 04/02/2020

Filing
Audit & Assurance
Audit Firm
Unknown
Latest Accounts Reviewed
Apr 2020
Audit Required: No
Exemption Status
Yes
Micro Entity
Exemption reason: Qualifies as micro-entity under Companies Act 2006 (Section 477) Since Apr 2020

No historical auditor changes recorded.

Funding History

No funding history recorded.

Activity
Accounts Submitted
Feb 2020 • 6 yrs ago

Annual accounts submitted for period ending 04/02/2020

Filing
Accounts Data Changed
Jan 2020 • 6 yrs ago

Postal Code changed

Financial
Postal Code
Edinburgh EH14 5AP
Accounts Data Changed
Dec 2018 • 7 yrs ago

Director Name changed

Financial
Director Name
Mr M  Laing Mr M Laing
Accounts Data Changed
Jan 2018 • 8 yrs ago

7 fields changed

Financial
Is Dormant
(empty) No
Director Name
(empty) Mr M  Laing
Postal Code
(empty) Edinburgh
Post Town
(empty) Edinburgh
Thoroughfare Descriptor
(empty) 4 Cherry Tree View
Dependent Thoroughfare Descriptor
(empty) Balerno
Context
(empty) contact.context.companyAddress
Accounts Data Changed
Mar 2017 • 9 yrs ago

6 fields changed

Financial
Director Name
M Laing (empty)
Postal Code
EH14 5AP (empty)
Post Town
Edinburgh (empty)
Thoroughfare Descriptor
4 Cherry Tree View (empty)
Dependent Thoroughfare Descriptor
Balerno (empty)
Context
contact.context.companyAddress (empty)
Documents