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Main Line Bearing Co. Limited

01291035

active
Private Limited Company
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • 3 outstanding charges (-6)

Details

STERLING HOUSE, LEICESTER, LE4 5GR
Incorporated 16/12/1976

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46690
Wholesale of other machinery and equipment

Officers

Mr Rameshchandra Amritlal Bhogaita

director · Since 31/12/1990

BUSINESSMAN

BRITISH · ENGLAND · Age 73

Also on 7 other boards

Mrs Daksha Bhogaita

secretary · Since 21/05/2012

Miss Dhara Bhogaita

director · Since 07/12/2025

BRITISH · ENGLAND · Age 36

Also on 4 other boards

Persons with Significant Control

Mr Rameshchandra Amritlal Bhogaita

Significant control

British · England · Age 73

Sterling House, 2 Law Street, Leicester, LE4 5GR

Notified 06/04/2016

Bidco (Impex) Limited

75–100% shares

First Floor, Mayesbrook House, Lawnswood Business Park, Redvers Close, Leeds, LS16 6QY

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

HSBC BANK PLC

Created 09/09/2015Registered 14/09/2015
Charge
outstanding

HSBC BANK PLC

Created 09/09/2015Registered 10/09/2015
Charge
outstanding

HSBC BANK PLC

Created 09/09/2015Registered 10/09/2015
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 12/03/1996Registered 18/03/1996Satisfied 26/02/2020
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 01/09/1994Registered 08/09/1994Satisfied 26/02/2020
charge
satisfied

NATIONAL WESTMINSTER BANK LIMITED

Created 17/07/1978Registered 27/07/1978Satisfied 03/03/2020

CompanyRankvs 408+ SIC 46690 peers
74

Financial strength95th percentile among SIC peers · 24/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.54× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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408Main Line Bearing Co. Limited
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How is this score calculated?
Financial strength24/25 pts

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

Employees14/15 pts

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

Liquidity16/20 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

£2.3M

Balance sheet strength

Cash

£287k

Cash in the bank

Net Current Assets

£1.0M

Working capital

Current Assets

£2.9M

Current Liabilities

£1.9M

Fixed Assets

£1.3M

Debtors

£410k

15avg. employees-4

Tax at Year End(2023)

Corp tax£13k

Balance Sheet

Assets less current liabilities£2.3M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.54-£38k
20231.47-£2k
20221.47+£183k
20211.37-£28k
20201.35—

Derived from filed accounts. Not audited figures.