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Mhwirth Uk Limited

01753931

active
Private Limited Company
england wales
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • 2 outstanding charges (-4)

Details

ONE FLEET PLACE, LONDON, EC4M 7WS
Incorporated 19/09/1983

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 16/04/2026

Due 30/04/2027

On track

Industry

28220
Manufacture of lifting and handling equipment

Officers

Dentons Secretaries Limited

secretary · Since 27/10/2017

BRITISH

Also on 515 other boards

Mr David Gilmore Forsyth

director · Since 30/11/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 2 other boards

Mr David Ewing Bratton

director · Since 24/01/2025

SENIOR VICE PRESIDENT FP&A AND OPERATION

AMERICAN · UNITED STATES · Age 36

Mr Eugene Charles Chauviere Iii

director · Since 24/01/2025

CHIEF OPERATIONS OFFICER

AMERICAN · UNITED STATES · Age 61

Also on 1 other board

Mr James Daniel Connelly

director · Since 24/01/2025

SENIOR VICE PRESIDENT AND GENERAL COUNSE

AMERICAN · UNITED STATES · Age 56

Also on 1 other board

Persons with Significant Control

Akastor Asa

25–50% shares
25–50% votes

10 B, Oksenoyveien, 1366 Lysaker

Reg: 986 529 551 · Enhetsregistereret/Foretaksregisteret In Norway · Public Limited Company

Notified 06/04/2016

Baker Hughes Company

25–50% shares
25–50% votes

1209, Orange Street, Wilmington

Reg: 6195713 · Delaware · Delaware Corporation

Notified 01/10/2021

Charges2 outstanding

Charge
outstanding

NORDIC TRUSTEE AS

Created 16/01/2024Registered 16/01/2024
Charge
satisfied

NORDIC TRUSTEE AS (AND ITS SUCCESSORS IN TITLE AND PERMITTED TRANSFEREES)

Created 31/03/2022Registered 01/04/2022Satisfied 22/11/2023
Charge
outstanding

DNB BANK ASA (AND ITS SUCCESSORS IN TITLE AND PERMITTED TRANSFEREES)

Created 24/11/2021Registered 07/12/2021
Charge
satisfied

NORDEA BANK ABP, FILIAL I NORGE (AND ITS SUCCESSORS IN TITLE AND PERMITTED TRANSFEREES)

Created 29/10/2021Registered 08/11/2021Satisfied 30/03/2022
charge
satisfied

DEU NORSKE CREDITBANK PLC

Created 29/07/1986Registered 30/07/1986Satisfied 19/09/2014

CompanyRankvs 194+ SIC 28220 peers
62

Financial strength34th percentile among SIC peers · 9/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 2.57× · 20/20
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 strength9/25 pts

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

Employees13/15 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2020

Turnover

£6.0M

Annual revenue

Net Worth

£10k

Balance sheet strength

Cash

Cash in the bank

Profit Before Tax

-£1.9M

Bottom line earnings

Net Current Assets

£1.9M

Working capital

Current Assets

£3.1M

Current Liabilities

£1.2M

Fixed Assets

£522k

Cost of Sales

£4.2M

Gross Profit

£1.7M

Admin Expenses

£1.5M

Operating Profit

£258k

Profit After Tax

-£1.6M

23avg. employees

Tax at Year End

Dividends paid-£686k

People Costs

Wages & salaries£1.7M
NI contributions£185k

Balance Sheet

Assets less current liabilities£2.4M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20202.57

Derived from filed accounts. Not audited figures.