Company Overview
Mgm Uk Leisure Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Monday 13 October 2014, so this is a well established company. Mgm Uk Leisure Limited has been in business for 11 years and 5 months. The accounts status is micro entity and the accounts are next due on Saturday 31 July 2021.
Registered Address

68 Yardley Road, Acocks Green, Birmingham, B27 6LG
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Companies House Data
Company NameMGM UK LEISURE LIMITED
Company Number09261865
Registered Office Address68 Yardley Road
 Acocks Green
 B27 6LG
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date13/10/2014
Accounting Reference Date Day31
Accounting Reference Date Month10
Accounts Next Due Date31/07/2021
Accounts Last Made Up Date31/10/2019
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date10/11/2016
Returns Last Made Up Date13/10/2015
Directors & Members
Show Resigned
Ranjit Derewal - Director
(British, 81 years old, born June 1945)
Appointed 02 February 2017
 Active
Satveer Rani - Director
(British, 38 years old, born March 1988)
Appointed 19 October 2020
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Ranjit Derewal
KLASSICH INVESTMENTS LIMITED
RSD HEALTHCARE PRIVATE LTD
Satveer Rani
GORJ ENFORCEMENT LTD
RST SUPPORT SERVICES LTD
Balance Sheet Unlock full report
Accounts Date 31-Oct-2019 31-Oct-2018 31-Oct-2017
Balance Sheet
Fixed Assets 58,657 0 0
Current Assets 1,743 152,084 100
Creditors Due Within One Year 115,777 159,592 0
Working Cap -114,034 -7,508 100
Total Assets Less Current Liabilities -55,377 -7,508 100
Long-term Liabilities 0 570 0
Net Assets -55,377 -8,078 100
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds -55,377 -8,078 100
Common Size Financial Analysis Unlock full report
Accounts Date 31-Oct-2019 31-Oct-2018 31-Oct-2017
Tangible Fixed Assets - - -
Fixed Assets 97.1% 0.0% 0.0%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 2.9% 100.0% 100.0%
Creditors Due Within One Year 191.7% 104.9% 0.0%
Net Current Assets Liabilities -188.8% -4.9% 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 -91.7% -5.3% 100.0%
Capital Employed - - -
Total Assets Less Current Liabilities -91.7% -4.9% 100.0%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Oct-2019 31-Oct-2018 31-Oct-2017
Liquidity Ratio 0.0 1.0 100.0
Solvency Ratio 0.5 1.0 ∞
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-Oct-2019 31-Oct-2018 31-Oct-2017
Assets 60,400 152,084 100
Debt 115,777 160,162 0
Net Assets/Debt -55,377 -8,078 100
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 has some deficiency. The balance sheet net assets figure is negative. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock 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 has some deficiency. The balance sheet net assets figure is negative. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   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 has some deficiency. The balance sheet net assets figure is negative. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

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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Document Filings
Compulsory strike-off action has been suspended
First Gazette notice for compulsory strike-off
Appointment of Mrs Satveer Rani as a director on 19 October 2020
Confirmation statement made on 27 April 2020 with no updates
Registered office address changed from Suite 2a Blackthorn House St Pauls Square Birmingham B3 1RL England to 68 Yardley Road Acocks Green Birmingham B27 6LG on 18 June 2020
Confirmation statement made on 27 April 2019 with updates
Notification of Ranjit Singh Derewal as a person with significant control on 27 April 2019
Cessation of Dilbaagh Singh Derewal as a person with significant control on 27 April 2019
Director's details changed for Mr Ranjit Singh Derewal on 27 April 2019
Registered office address changed from 3a the Avenue Acocks Green Birmingham B27 6NG England to Suite 2a Blackthorn House St Pauls Square Birmingham B3 1RL on 27 April 2019
Registered office address changed from 3a the Avenue Acocks Green Birmingham B27 6NG England to 3a the Avenue Acocks Green Birmingham B27 6NG on 28 January 2019
Registered office address changed from 147 Alexandra Road Alexander Road Acocks Green Birmingham West Midlands B27 6ET England to 3a the Avenue Acocks Green Birmingham B27 6NG on 28 January 2019
Registered office address changed from 3a, the Avenue Acocks Green Birmingham B27 6NG to 147 Alexandra Road Alexander Road Acocks Green Birmingham West Midlands B27 6ET on 18 January 2019
Confirmation statement made on 13 October 2018 with no updates
Termination of appointment of Dilbaagh Singh Derewal as a director on 2 October 2018
Confirmation statement made on 13 October 2017 with no updates
Appointment of Mr Ranjit Singh Derewal as a director on 2 February 2017
Director's details changed for Mr Dilbaagh Derewal on 24 January 2017
Confirmation statement made on 13 October 2016 with updates
Compulsory strike-off action has been discontinued
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