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Malmic Lace Limited

00819475

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

UNIT 5, NOTTINGHAM, NG6 8NG
Incorporated 14/09/1964

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

13990
Manufacture of other textiles

Officers

Mr Malcolm Joseph Jaffe

director · Since 12/02/1992

DIRECTOR

BRITISH · ENGLAND · Age 67

Also on 1 other board

Mr John Stanley Wallis

secretary · Since 09/04/2008

BRITISH · ENGLAND · Age 68

Also on 13 other boards

Persons with Significant Control

Wallis Brothers Limited

75–100% shares

Carr Hill House, Cole Lane, Ockbrook, DE72 3RD

Reg: 00843731 · England · Private Company Limited By Shares

Notified 01/07/2016

CompanyRankvs 640+ SIC 13990 peers
45

Financial strength1th percentile among SIC peers · 0/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.15× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

-£657k

Balance sheet strength

Cash

£80k

Cash in the bank

Net Current Assets

-£658k

Working capital

Current Assets

£116k

Current Liabilities

£774k

Fixed Assets

£910

Debtors

£13k

8avg. employees
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20250.15+£0
20250.15-£61k
20240.21-£63k
20230.28-£58k
20220.35-£6k
20210.35-£62k
20200.43-£148k
20190.62-£196k
20170.90

Derived from filed accounts. Not audited figures.