Firmoscan
Active09808417Private limited companyBanbury

MSG LIFE LIMITED

E29/100

Owned by Moonpal Singh Grewal (50–75%)

Companies HouseCompanies House
01

Summary

Generated from filed data · no estimates

MSG LIFE LIMITED is an active private limited company (company number 09808417) incorporated on 3 October 2015, registered in Banbury. Its registered activity is fitness facilities (SIC 93130). Latest small accounts cover the period ending 31 December 2024, showing net assets of −£9.69m and cash of £875k, with 60 employees on average. Net assets rose 3% on the prior period (−£9.94m).

Peer position · net assets

By net assets it sits in the bottom quarter of 81 comparable companies in Oxford (median £96, upper quartile £8,681).

02

Key dates

Incorporated
3 October 201511 yrs ago
Next accounts due
30 September 202622 days overdue
Confirmation statement due
17 October 2027in 360 days

Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.

03

Activity

SIC 93130
Fitness facilities
Accounts type
Total Exemption Full
Size band
MicroCompanies Act thresholds
04

Financials

2 periods on record · latest ending 31 December 2024
Net assets
−£9.69m
vs Dec 2023
Cash at bank
£875k
+380%vs Dec 2023
Turnover
Not reported
Employees
60
+3%vs Dec 2023
Net assets
−£9.69m
Cash at bank
£875k
Average employees
60
Filed accounts by period, newest first
Period endNet assetsCashDebtorsCreditors <1yTurnoverProfitEmployees
31 December 2024−£9.69m£875k£1.76m£14.26m——60
31 December 2023−£9.94m£182k£1.69m£14.16m——58
Current ratio0.19Current liabilities exceed current assets
Cash per employee£15kCash ÷ average employees

Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.

05

Firmoscan score

Rules-based · every point shows its evidence
29 / 100 · grade E
EDCBA
Score breakdown
50Starting scoreEvery scored company starts here
−15Negative net assetsNet assets £-9,690,279 at 2024-12-31
−8Current liabilities exceed current assetsCurrent ratio 0.19
+4Cash reservesCash £874,588
+8EstablishedIncorporated 2015-10-03 (11 years)
−10Accounts overdueDue 2026-09-30
29Score, grade E

A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice. How the score is computed.

06

Ownership and control

1 active · 1 other
  • Mr Moonpal Singh Grewal
    Individual · since 6 April 2016
    • owns 50–75% of shares
    • holds 50–75% of voting rights
    • can appoint or remove directors
  • Mr Satnam Singh Grewal
    Individual · since 9 June 2017 · ceased 24 December 2025
    • owns 25–50% of shares
    • holds 25–50% of voting rights

Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.

07

Timeline

Newest first
  1. Confirmation statement duein 360 days
  2. Next accounts due22 days overdue
  3. Accounts period endNet liabilities £9.69m · small accounts
  4. Accounts period endNet liabilities £9.94m · small accounts
  5. Incorporated
08

Similar companies in Oxford

Same activity (fitness facilities), closest in incorporation date

All companies incorporated on 3 October 2015 · in Oct 2015.

09

Reminders for MSG LIFE LIMITED

Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.