Company Overview
42 Mmgs Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 14 May 2015, so this is a well established company. 42 Mmgs Limited has been in business for 10 years and 10 months. The accounts status is micro entity and the accounts are next due on Saturday 28 February 2026.
Registered Address

42 Mildmay Grove South, London, N1 4PJ
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Companies House Data
Company Name42 MMGS LIMITED
Company Number09590702
Registered Office Address42 Mildmay Grove South
 N1 4PJ
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date14/05/2015
Accounting Reference Date Day31
Accounting Reference Date Month5
Accounts Next Due Date28/02/2027
Accounts Last Made Up Date31/05/2025
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date11/06/2017
Returns Last Made Up Date14/05/2016
Directors & Members
Show Resigned
Kye Grant - Director
(Australian, 30 years old, born May 1996)
Appointed 15 September 2025
 Active
Clare Handford - Director
(British, 60 years old, born November 1966)
Appointed 14 May 2015
 Active
Melissa Merryweather - Director
(American, 65 years old, born September 1961)
Appointed 04 September 2017
 Active
Secretaries
Show Resigned
Other Company Directorships
Kye Grant
No companies found
Clare Handford
A HANDY VIEW FROM THE HILL LIMITED
HANDY FILMS LIMITED
THE ROBIN HOODIES LIMITED
Melissa Merryweather
GREEN CONSULT GLOBAL LIMITED
HEARTH CONSULTING LTD
Balance Sheet Unlock full report
Accounts Date 31-May-2025 31-May-2022 31-May-2021
Balance Sheet
Fixed Assets 0 0 0
Current Assets 5,893 5,893 4,334
Creditors Due Within One Year -945 -945 0
Working Cap 6,838 6,838 4,334
Total Assets Less Current Liabilities 6,838 6,838 4,334
Long-term Liabilities 3,000 3,000 3,000
Net Assets 3,838 3,838 1,334
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 3,838 3,838 1,334
Common Size Financial Analysis Unlock full report
Accounts Date 31-May-2025 31-May-2022 31-May-2021
Tangible Fixed Assets - - -
Fixed Assets 0.0% 0.0% 0.0%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 100.0% 100.0% 100.0%
Creditors Due Within One Year -16.0% -16.0% 0.0%
Net Current Assets Liabilities 116.0% 116.0% 100.0%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 65.1% 65.1% 30.8%
Capital Employed - - -
Total Assets Less Current Liabilities 116.0% 116.0% 100.0%
Financial Ratio Analysis Unlock full report
Accounts Date 31-May-2025 31-May-2022 31-May-2021
Liquidity Ratio -6.2 -6.2 4334.0
Solvency Ratio 2.9 2.9 1.4
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-May-2025 31-May-2022 31-May-2021
Assets 5,893 5,893 4,334
Debt 2,055 2,055 3,000
Net Assets/Debt 3,838 3,838 1,334

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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ADD/MARGATE LIMITED
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Document Filings
Confirmation statement made on 19 September 2025 with updates
Notification of Kye Grant as a person with significant control on 2 January 2025
Appointment of Mr Kye Grant as a director on 15 September 2025
Termination of appointment of Charlotte Jane Nathan as a director on 2 January 2025
Cessation of Charlotte Jane Nathan as a person with significant control on 2 January 2025
Confirmation statement made on 19 September 2024 with updates
Statement of capital following an allotment of shares on 4 September 2017
Registered office address changed from 36 Holmdale Road London NW6 1BL England to 42 Mildmay Grove South London N1 4PJ on 27 August 2024
Cessation of Jeremy Nathan as a person with significant control on 27 August 2024
Confirmation statement made on 19 September 2023 with no updates
Confirmation statement made on 19 September 2022 with no updates
Confirmation statement made on 19 September 2021 with no updates
Confirmation statement made on 19 September 2020 with no updates
Termination of appointment of Jeremy Charles Nathan as a secretary on 8 October 2019
Confirmation statement made on 19 September 2019 with no updates
Change of details for Ms Mellissa Susan Merryweather as a person with significant control on 6 April 2016
Notification of Mellissa Susan Merryweather as a person with significant control on 6 April 2016
Notification of Clare Louise Handford as a person with significant control on 6 April 2016
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