M&g Family Ltd

M&g Family Ltd is a small, active company based in Borehamwood, UK, founded two years ago in April 2023. The company employs two people and holds just £210 in assets. With two directors and two owners reported, it operates from a real address and has a real address. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

The company’s website reveals a surprising focus: healthcare. MG Family Practice Clinic Ltd provides integrated healthcare services, emphasizing preventative care and health equity. The clinic offers second opinions, diagnostic reports, and specialist consultations, boasting an impressive 88% success rate in refining diagnoses. It operates Monday to Friday, 0800 a.m to 0600 p.m, and offers phone consultations. The website suggests a focus on providing quality healthcare and building relationships within the community.

Financially, M&g Family Ltd is facing challenges. Net assets are negative at -£82, and cash reserves are minimal at just £210. Creditors remain steady at £290. The company’s retained earnings and accumulated losses are also negative. While the company is exempt from an audit, the unaudited figures raise concerns about its long-term viability. The directors have identified material uncertainties related to the company's ability to continue as a going concern, although they believe the going concern basis remains appropriate. It's a bit of a tight situation, really.

Registered in England/Wales under the registration number 14794647, with a registered address at WD6 4AS, England, Borehamwood, 17 Tilehouse Close.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.