Mcphillips (Wellington) Limited
00832117
Some Concerns
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 13/11/2001
CONSTRUCTION DIRECTOR
BRITISH · ENGLAND · Age 62
Also on 1 other board
director · Since 01/07/2005
QUANTITY SURVEYOR
BRITISH · ENGLAND · Age 56
Also on 2 other boards
director · Since 07/01/2013
CONSTRUCTION OPERATIONS
BRITISH · UNITED KINGDOM · Age 54
Also on 2 other boards
director · Since 01/01/2021
COMMERCIAL DIRECTOR
BRITISH · UNITED KINGDOM · Age 53
Also on 1 other board
director · Since 01/01/2021
COMMERCIAL DIRECTOR
BRITISH · ENGLAND · Age 62
Also on 1 other board
secretary · Since 20/01/2023
Persons with Significant Control
Mcphillips (Holdings) Limited
Horton House, Hortonwood 50, Telford, TF1 7FG
Reg: 5025340 · England · Private Limited Company
Notified 06/04/2016
Charges3 outstanding
HSBC EQUIPMENT FINANCE (UK) LIMITED AND HSBC ASSET FINANCE (UK) LIMITED
HSBC EQUIPMENT FINANCE (UK) LIMITED AND HSBC ASSET FINANCE (UK) LIMITED
HSBC BANK PLC
PETER MCPHILLIPS · NICHOLAS MCPHILLIPS
MIDLAND BANK PLC
MIDLAND BANK PLC
CompanyRankvs 747+ SIC 42990 peers66
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the Directors with respect to going concern are d
Key FinancialsYear ending 30/09/2022
Turnover
£55.4M
Annual revenue
Net Worth
£7.7M
Balance sheet strength
Cash
£3.5M
Cash in the bank
Profit Before Tax
-£747k
Bottom line earnings
Net Current Assets
£6.3M
Working capital
Current Assets
£18.1M
Current Liabilities
£11.7M
Fixed Assets
£1.9M
Debtors
£12.8M
Cost of Sales
£48.9M
Gross Profit
£6.5M
Admin Expenses
£7.2M
Operating Profit
-£754k
Profit After Tax
-£571k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2022 | 1.54 | -£571k |
| 2021 | 1.61 | -£1.8M |
| 2020 | 1.60 | — |
Derived from filed accounts. Not audited figures.