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Market Approach Limited

02088437

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

8 ESKDALE DRIVE, FORMBY, L37 2YQ
Incorporated 12/01/1987

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

20301
Manufacture of paints, varnishes and similar coatings, mastics and sealants

Officers

Mr Matthew Jonathan Hare

director · Since 19/07/2019

DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 5 other boards

Persons with Significant Control

Former PSCs

Mr Jonathan Richard Hare

Ceased 06/07/2019

Charges2 outstanding

charge
outstanding

BANK OF WALES PLC

Created 12/05/1992Registered 13/05/1992
charge
satisfied

BANK OF WALES PLC

Created 07/02/1992Registered 08/02/1992Satisfied 22/07/1992
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 22/11/1988Registered 28/11/1988

CompanyRankvs 117+ SIC 20301 peers
61

Financial strength72th percentile among SIC peers · 18/25
Employees21th percentile among SIC peers · 3/15
LiquidityCurrent ratio 4.05× · 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 strength18/25 pts

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

Employees3/15 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 31/03/2025

Net Worth

£209k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£209k

Working capital

Current Assets

£273k

Current Liabilities

£67k

Fixed Assets

£280

0avg. employees

Balance Sheet

Assets less current liabilities£210k

EstimatesDerived

YearCurrent RatioImplied Profit
20254.05-£551
20243.27+£625
20231.13-£7k
20221.43
20211.87
20202.04-£57k
20192.19+£10k
20177.92

Derived from filed accounts. Not audited figures.