Machine Covers Limited
01494472
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 03/04/2002
DIRECTOR
BRITISH · UNITED KINGDOM · Age 60
Also on 2 other boards
Persons with Significant Control
Mr Gregory Nicholas Powles
British · England · Age 60
Stancombe Works, Bisley, GL6 7NQ
Notified 30/06/2016
Former PSCs
Mr Robert William Cratchley
Ceased 11/12/2020
Mr Andrew Chapman
Ceased 28/11/2024
CompanyRankvs 54+ SIC 23990 peers73
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2025
Net Worth
£484k
Balance sheet strength
Cash
£396k
Cash in the bank
Net Current Assets
£398k
Working capital
Current Assets
£708k
Current Liabilities
£310k
Fixed Assets
£104k
Debtors
£202k
Profit After Tax
£55k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.29 | -£288k |
| 2024 | 3.86 | +£55k |
| 2023 | 7.12 | +£14k |
| 2022 | 4.70 | +£83k |
| 2021 | 4.56 | -£173k |
| 2020 | 3.24 | +£184k |
| 2019 | 4.31 | — |
Derived from filed accounts. Not audited figures.