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Marflow Engineering Limited

00928322

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

BRITANNIA HOUSE AUSTIN WAY, BIRMINGHAM, B42 1DU
Incorporated 05/03/1968

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

24450
Other non-ferrous metal production
46740
Wholesale of hardware, plumbing and heating equipment and supplies

Officers

Aidan Michael Murphy

director · Since 15/06/2020

DIRECTOR

IRISH · IRELAND · Age 39

Mr Martin Murphy

director · Since 15/06/2020

DIRECTOR

IRISH · IRELAND · Age 46

Also on 8 other boards

Mr Declan Vincent Canavan Fca

director · Since 01/01/2022

COMPANY DIRECTOR

IRISH · NORTHERN IRELAND · Age 55

Also on 18 other boards

Mr Alan Hogan

director · Since 01/01/2024

COMPANY DIRECTOR

IRISH · IRELAND · Age 53

Also on 1 other board

Mr Declan Canavan

secretary · Since 01/07/2024

Persons with Significant Control

Mr Brian Anthony Murphy

25–50% shares

Irish · Ireland · Age 75

Britannia House, Austin Way, Birmingham, B42 1DU

Notified 04/02/2024

Former PSCs

Marflow Properties Holdings Limited

Ceased 15/06/2020

Flair Showers Limited

Ceased 04/02/2024

Sanbra Limited

Ceased 15/06/2020

Charges1 outstanding

Charge
outstanding

LLOYDS TSB COMMERCIAL FINANCE LTD

Created 02/07/2013Registered 09/07/2013
charge
satisfied

HSBC BANK PLC

Created 28/02/2007Registered 10/03/2007Satisfied 11/06/2020
charge
satisfied

HSBC BANK PLC

Created 29/01/2002Registered 01/02/2002Satisfied 11/06/2020
charge
satisfied

HSBC BANK PLC

Created 09/02/2001Registered 10/02/2001Satisfied 11/06/2020
charge
satisfied

MIDLAND BANK PLC

Created 01/11/1996Registered 05/11/1996Satisfied 11/06/2020
charge
satisfied

MIDLAND BANK PLC

Created 31/10/1996Registered 01/11/1996Satisfied 18/03/2010
charge
satisfied

ALEX LAWRIE RECEIVABLE FINANCING LIMITED

Created 29/07/1983Registered 12/08/1983Satisfied 07/08/2013

CompanyRankvs 134+ SIC 24450 peers
39

Financial strength1th percentile among SIC peers · 0/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.65× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Liquidity6/20 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

-£1.3M

Balance sheet strength

Cash

£29k

Cash in the bank

Net Current Assets

-£1.4M

Working capital

Current Assets

£2.7M

Current Liabilities

£4.1M

Fixed Assets

£176k

Debtors

£534k

24avg. employees-1

Tax at Year End(2019)

Corp tax£39k

Balance Sheet

Assets less current liabilities-£1.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.65-£1.1M
20230.88-£505k
20221.24-£15k
20211.29+£213k
20201.14+£8k
202012.07-£205k
20191.46

Derived from filed accounts. Not audited figures.