Company Overview
M Group Water (Meica Projects) Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Wednesday 10 April 2002, so this is a well established company. M Group Water (Meica Projects) Limited has been in business for 23 years and 11 months. The accounts status is full and the accounts are next due on Thursday 31 December 2026.
Registered Address

Unit 1, Axis Park Orchardton Road, Cumbernauld, Glasgow, G68 9LB
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Companies House Data
Company NameM GROUP WATER (MEICA PROJECTS) LIMITED
Company NumberSC230161
Registered Office AddressUnit 1, Axis Park Orchardton Road
 Cumbernauld
 G68 9LB
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date10/04/2002
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2026
Accounts Last Made Up Date31/03/2025
Accounts Account CategoryFULL
Returns Next Due Date08/05/2017
Returns Last Made Up Date10/04/2016
Previous Company NameChanged Date
ID SYSTEMS UK LIMITED01 Apr 2025
Directors & Members
Show Resigned
Christian Keen - Director
(British, 62 years old, born March 1964)
Appointed 15 September 2022
 Active
Stephen Paterson - Director
(British, 36 years old, born January 1990)
Appointed 20 August 2024
 Active
Secretaries
Show Resigned
Alexandra Badel - Secretary
Appointed 20 November 2023
 Active
Ben Morrill - Secretary
Appointed 20 November 2023
 Active
Other Company Directorships
Christian Keen
AGILITY IMPACT HOLDINGS LIMITED
AGILITY SOLAR LTD
AGILITY SURVEY LTD
ALSACE BIDCO LIMITED
ARAN ENERGY FUNDING LIMITED
ARAN ENERGY HOLDINGS LIMITED
ARAN GROUP HOLDINGS LIMITED
ARAN INSULATION LIMITED
BFP SERVICES LIMITED
BGEN CLEAN ENERGY LIMITED
BGEN LIMITED
BGEN PROJECT SERVICES LIMITED
BGEN TECHNOLOGY LIMITED
BUILDING ENGINEERING SOLUTIONS LIMITED
CYRO CYBER LTD
M GROUP (PLANT & FLEET SOLUTIONS) LIMITED
M GROUP ENERGY (AGILITY ECO SERVICES) LIMITED
M GROUP ENERGY (BIERCE SURVEYING) LIMITED
M GROUP ENERGY (INFRASTRUCTURE) LIMITED
M GROUP LIMITED
M GROUP TELECOM (MOBILE NETWORK SOLUTIONS) LIMITED
M GROUP TELECOM HOLDINGS LIMITED
M GROUP TRANSPORT (RAIL & AVIATION) LIMITED
M GROUP WATER (NETWORK INFRASTRUCTURE) LIMITED
MIDAS BIDCO I LIMITED
MIDAS TOPCO LIMITED
MINERVA BIDCO LIMITED
MINERVA EQUITY LIMITED
MINERVA HOLDCO LIMITED
NORWOOD GROUP LIMITED
SATISFY RECRUITMENT SERVICES LIMITED
SEEKA LIMITED
TELENT TECHNOLOGY SERVICES LIMITED
THOR TOPCO LIMITED
Stephen Paterson
BFP SERVICES LIMITED
BGEN CLEAN ENERGY LIMITED
BGEN LIMITED
BGEN PROJECT SERVICES LIMITED
BGEN TECHNOLOGY LIMITED
BUILDING ENGINEERING SOLUTIONS LIMITED
I & C PROCESS SOLUTIONS LIMITED
IDS HOLDINGS LIMITED
M GROUP WATER (MEICA MAINTENANCE & PROJECTS) LIMITED
M GROUP WATER (MEICA SPECIALIST) LIMITED
M GROUP WATER (NETWORK INFRASTRUCTURE) LIMITED
M GROUP WATER LIMITED
NORWOOD GROUP LIMITED
SATISFY RECRUITMENT SERVICES LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Mar-2025 30-Apr-2016 30-Apr-2015
Balance Sheet
Fixed Assets 95,839 95,839 115,204
Current Assets 2,122,847 2,122,847 2,047,894
Creditors Due Within One Year 1,139,102 1,139,102 1,471,809
Working Cap 983,745 983,745 576,085
Total Assets Less Current Liabilities 1,079,584 1,079,584 691,289
Long-term Liabilities 8,423 8,423 12,111
Net Assets 1,071,161 1,071,161 679,178
Share Capital & Reserves
Share Cap 10 10 10
Profit & Loss Reserves 1,031,651 1,031,651 609,668
Other Reserves 39,500 39,500 69,500
Shareholders Funds 1,071,161 1,071,161 679,178
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2025 30-Apr-2016 30-Apr-2015
Tangible Fixed Assets - - -
Fixed Assets 4.3% 4.3% 5.3%
Stocks Inventory 5.5% 5.5% 5.8%
Debtors 57.2% 57.2% 39.8%
Cash Bank In Hand 3.1% 3.1% 25.0%
Current Assets 95.7% 95.7% 94.7%
Creditors Due Within One Year 51.3% 51.3% 68.0%
Net Current Assets Liabilities 44.3% 44.3% 26.6%
Creditors Due After One Year 0.4% 0.4% 0.6%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 48.3% 48.3% 31.4%
Called Up Share Capital 0.0% 0.0% 0.0%
Share Capital Allotted Called Up Paid 0.0% 0.0% 0.0%
Profit Loss Account Reserve 46.5% 46.5% 28.2%
Shareholder Funds 48.3% 48.3% 31.4%
Capital Employed - - -
Total Assets Less Current Liabilities 48.7% 48.7% 32.0%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2025 30-Apr-2016 30-Apr-2015
Liquidity Ratio 1.9 1.9 1.4
Solvency Ratio 1.9 1.9 1.5
Reserves to Assets 0.5 0.5 0.3
Secured Creditors Unlock full report
Mortgages Charges 4
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 4
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2025 30-Apr-2016 30-Apr-2015
Assets 2,218,686 2,218,686 2,163,098
Debt 1,147,525 1,147,525 1,483,920
Net Assets/Debt 1,071,161 1,071,161 679,178

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.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. 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.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. 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.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. 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
Other Business around G68 9LB
No other companies found in the same location
Document Filings
Termination of appointment of Peter Alan Tosland as a director on 29 August 2025
Termination of appointment of Iain James Sutherland as a director on 29 August 2025
Termination of appointment of Jonathan Yarr as a director on 1 September 2025
Termination of appointment of Alain Hubertus Philomena Loosveld as a director on 1 September 2025
Termination of appointment of Andrew Robert Findlay as a director on 1 September 2025
Confirmation statement made on 10 April 2025 with updates
Change of details for Mgs Water Limited as a person with significant control on 1 April 2025
Certificate of change of name
Director's details changed for Mr Christian Keen on 24 March 2025
Notification of Mgs Water Limited as a person with significant control on 19 December 2024
Cessation of Ids Holdings Limited as a person with significant control on 19 December 2024
Satisfaction of charge SC2301610004 in full
Termination of appointment of James Michael Hobson as a director on 31 October 2024
Appointment of Mr Stephen John Paterson as a director on 20 August 2024
Confirmation statement made on 10 April 2024 with no updates
Registration of charge SC2301610004, created on 5 March 2024
Termination of appointment of Iain Doherty as a director on 1 February 2024
Appointment of Mr Iain James Sutherland as a director on 1 February 2024
Satisfaction of charge SC2301610003 in full
Termination of appointment of Ilaria Evans as a secretary on 20 November 2023
Appointment of Mr Ben Nicholas Morrill as a secretary on 20 November 2023
Appointment of Mrs Alexandra Nelia Badel as a secretary on 20 November 2023
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