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Mth Cleaning Equipment Limited

01388687

active
Private Limited Company
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

MINERVA LANE WORKS, WALSALL STREET, WV1 3LU
Incorporated 13/09/1978

Compliance

Last accounts

31/03/2025

full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 26/03/2026

Due 09/04/2027

On track

Industry

77390
Renting and leasing of other machinery, equipment and tangible goods

Officers

Mr Paul Edward Berrow

director · Since 20/12/2024

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 11 other boards

Mr Robert John Bull

director · Since 20/12/2024

ACCOUNTANT

BRITISH · ENGLAND · Age 42

Also on 5 other boards

Mr David Andrew Tucker

director · Since 20/12/2024

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 26 other boards

Persons with Significant Control

Translift Group Of Companies Limited

75–100% shares
75–100% votes
Appoint directors

22, Padgets Lane, Redditch, B98 0RB

Reg: 13203080 · Companies House Register For England And Wales · Private Company Limited By Shares

Notified 20/12/2024

Former PSCs

Mr Christopher John Banks

Ceased 20/12/2024

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 16/10/2025Registered 22/10/2025
charge
satisfied

ING LEASE (UK) LTD

Created 30/01/2012Registered 31/01/2012Satisfied 28/11/2024
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 29/09/2006Registered 30/09/2006Satisfied 16/12/2024
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 25/09/2006Registered 29/09/2006Satisfied 16/12/2024
charge
satisfied

BARCLAYS BANK PLC

Created 26/10/1988Registered 16/11/1988Satisfied 14/07/2007
charge
satisfied

BARCLAYS BANK PLC

Created 26/03/1982Registered 06/04/1982Satisfied 16/12/2006

CompanyRankvs 1356+ SIC 77390 peers
50

Financial strength86th percentile among SIC peers · 22/25
Employees11th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.9× · 16/20
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 strength22/25 pts

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

Employees2/15 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

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

Key FinancialsYear ending 31/03/2025

Net Worth

£595k

Balance sheet strength

Cash

£251k

Cash in the bank

Profit Before Tax

-£36k

Bottom line earnings

Net Current Assets

£531k

Working capital

Current Assets

£1.1M

Current Liabilities

£588k

Fixed Assets

£246k

Debtors

£314k

Cost of Sales

£908k

Admin Expenses

£273k

Profit After Tax

-£41k

0avg. employees-20

Tax at Year End

Corp tax£48k

Balance Sheet

Assets less current liabilities£777k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.90-£67k
20242.08+£25k
20232.01+£42k
20222.17+£156k
20211.97+£57k
20201.94+£41k
20191.89+£5k
20181.95

Derived from filed accounts. Not audited figures.