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M.J.Ainge & Co.Limited

01100045

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
10/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 5 outstanding charges (-10)

Details

15 SOUTHERN AVENUE, HEREFORDSHIRE, HR6 0QF
Incorporated 03/03/1973

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46900
Non-specialised wholesale trade

Officers

Mrs Marion Lesley Ainge

secretary · Since 10/10/1991

BRITISH · UNITED KINGDOM · Age 78

Also on 5 other boards

Mr Malcolm John Ainge

director · Since 10/10/1991

DIRECTOR

BRITISH · ENGLAND · Age 81

Also on 3 other boards

Mrs Marion Lesley Ainge

director · Since 10/10/1991

DIRECTOR

BRITISH · UNITED KINGDOM · Age 78

Also on 5 other boards

Stuart Mark Ainge

director · Since 01/05/2005

PURCHASING

BRITISH · ENGLAND · Age 53

Marcus Giles Cridland

director · Since 01/05/2005

SALES AND MARKETING

BRITISH · UNITED KINGDOM · Age 52

Persons with Significant Control

Marcus Giles Cridland

25–50% shares
25–50% votes

British · United Kingdom · Age 52

15, Southern Avenue, Herefordshire, HR6 0QF

Notified 12/11/2025

Stuart Mark Ainge

25–50% shares
25–50% votes

British · England · Age 53

15, Southern Avenue, Herefordshire, HR6 0QF

Notified 12/11/2025

Former PSCs

Mr Malcolm John Ainge

Ceased 12/11/2025

Charges5 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 28/08/2018Registered 31/08/2018
Charge
outstanding

BARCLAYS BANK PLC

Created 27/10/2017Registered 01/11/2017
charge
outstanding

BARCLAYS BANK PLC

Created 24/04/2008Registered 29/04/2008
charge
satisfied

DEVELOPMENT COMMISSION

Created 11/09/1995Registered 14/09/1995Satisfied 27/10/2017
charge
outstanding

BARCLAYS BANK PLC

Created 01/09/1995Registered 09/09/1995
charge
satisfied

BARCLAYS BANK PLC

Created 07/02/1986Registered 19/02/1986Satisfied 01/10/1999
charge
satisfied

BARCLAYS BANK PLC

Created 04/10/1985Registered 17/10/1985Satisfied 01/10/1999
charge
outstanding

BARCLAYS BANK PLC

Created 11/05/1984Registered 18/05/1984
charge
satisfied

COUNCIL FOR SMALL INDUSTRIES INRURAL AREAS.

Created 18/10/1978Registered 23/10/1978Satisfied 01/10/1999
charge
satisfied

BARCLAYS BANK PLC

Created 30/01/1976Registered 04/02/1976Satisfied 01/10/1999

CompanyRankvs 31+ SIC 46900 peers
70

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 4.76× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 pts

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

Liquidity20/20 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

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

identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's or the parent company's ability to continue as a going concern for a period of at least twelve months from when the consolidated financial accounts are authorised for issue. Our responsibilities and the responsibilities of the directors with respect

Key FinancialsYear ending 31/12/2024

Turnover

£25.3M

Annual revenue

Net Worth

£19.5M

Balance sheet strength

Cash

£7.1M

Cash in the bank

Profit Before Tax

£302k

Bottom line earnings

Net Current Assets

£15.7M

Working capital

Current Assets

£19.9M

Current Liabilities

£4.2M

Fixed Assets

£4.0M

Debtors

£3.7M

Cost of Sales

£17.1M

Gross Profit

£8.3M

Admin Expenses

£5.5M

Operating Profit

£127k

Profit After Tax

£131k

170avg. employees-26

Tax at Year End

Corp tax£113k

Director Loans

Company owes directors£25k

People Costs

Wages & salaries£5.3M
NI contributions£554k

Balance Sheet

Assets less current liabilities£19.8M
Prepared with Sage Accounts Production Advanced 2025 - FRS102_2025

EstimatesDerived

YearCurrent RatioImplied Profit
20244.76+£156k
20235.51+£1.3M
20223.59+£3.4M
20212.57—

Derived from filed accounts. Not audited figures.