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Macvere (Engineering) Limited

01070053

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 2/3, HAVANT, PO9 1LS
Incorporated 06/09/1972

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28290
28290

Officers

Mr Gary Patrick Macey

secretary · Since 30/10/1991

BRITISH · UNITED KINGDOM · Age 67

Also on 7 other boards

Mr Gary Patrick Macey

director · Since 30/10/1991

TOOLMAKER

BRITISH · UNITED KINGDOM · Age 67

Also on 7 other boards

Mark Shaun Macey

director · Since 30/10/1991

TOOLMAKER

BRITISH · UNITED KINGDOM · Age 62

Persons with Significant Control

Mark Shaun Macey

25–50% shares
25–50% votes

British · United Kingdom · Age 62

Unit 2/3, Kingscroft Court, Ridgway, Havant, PO9 1LS

Notified 06/04/2016

Mr Gary Patrick Macey

25–50% shares
25–50% votes

British · United Kingdom · Age 67

Unit 2/3, Kingscroft Court, Ridgway, Havant, PO9 1LS

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 01/10/2012Registered 06/10/2012
charge
satisfied

BANK OF IRELAND

Created 21/12/1993Registered 05/01/1994Satisfied 17/01/2014
charge
satisfied

NATIONAL WESTMINSTER BANK LTD

Created 27/03/1980Registered 16/04/1980Satisfied 17/01/2014
charge
satisfied

NATIONAL WESTMINSTER BANK LTD

Created 01/08/1975Registered 12/08/1975Satisfied 17/01/2014

CompanyRankvs 528+ SIC 28290 peers
45

Financial strength29th percentile among SIC peers · 7/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.8× · 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 strength7/25 pts

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

Employees12/15 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 31/08/2024

Net Worth

£110

Balance sheet strength

Cash

£301

Cash in the bank

Net Current Assets

-£33k

Working capital

Current Assets

£127k

Current Liabilities

£160k

Fixed Assets

£35k

Debtors

£98k

11avg. employees

Tax at Year End(2019)

Corp tax£1k

Balance Sheet

Assets less current liabilities£3k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.80
20230.78-£71k
20221.20-£44k
20211.82+£98k
20200.87-£41k
20191.02-£90k
20181.17

Derived from filed accounts. Not audited figures.