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Minrela Limited

02329532

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

9 WATER'S EDGE, PORTHCAWL, CF36 5NE
Incorporated 19/12/1988

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mrs Anne Elizabeth Griffiths Ba(Hons)Dip Rsa

secretary · Since 01/02/1998

BRITISH · WALES · Age 73

Also on 67 other boards

Mr Paul Edward Bailey

director · Since 31/07/2001

COMPANY DIRECTOR

BRITISH · WALES · Age 81

Also on 8 other boards

Mrs Anne Elizabeth Griffiths Ba(Hons)Dip Rsa

director · Since 30/10/2008

DIRECTOR

BRITISH · WALES · Age 73

Also on 67 other boards

Persons with Significant Control

Mr Paul Edward Bailey

75–100% shares
75–100% votes

British · Wales · Age 81

9 Water's Edge, 66h Beach Road, Porthcawl, CF36 5NE

Notified 06/04/2016

Charges1 outstanding

charge
satisfied

SWM DEVELOPMENTS LIMITED AND BAILEY INVESTMENTS LIMITED

Created 05/11/2009Registered 09/11/2009Satisfied 11/11/2014
charge
satisfied

RELPART LIMITED USK LEAP DEVELOPMENTS LIMITED AND SWM DEVELOPMENTS (CUSTOM HOUSE) LIMITED

Created 05/11/2009Registered 09/11/2009Satisfied 11/11/2014
charge
satisfied

AIB GROUP (UK) PLC

Created 28/09/2007Registered 02/10/2007Satisfied 25/10/2012
charge
satisfied

AIB GROUP (UK) PLC

Created 19/01/2007Registered 20/01/2007Satisfied 25/10/2012
charge
satisfied

PRINCIPALITY BUILDING SOCIETY

Created 14/11/2005Registered 24/11/2005Satisfied 11/11/2014
charge
satisfied

AIB GROUP (UK) PLC

Created 10/12/2004Registered 16/12/2004Satisfied 28/05/2008
charge
outstanding

PRINCIPALITY BUILDING SOCIETY

Created 10/01/2003Registered 14/01/2003
charge
satisfied

BANK OF WALES

Created 11/05/2000Registered 18/05/2000Satisfied 09/12/2004
charge
satisfied

BANK OF WALES

Created 11/05/2000Registered 18/05/2000Satisfied 09/12/2004
charge
satisfied

COUNTYWIDE CAERPHILLY LIMITED

Created 11/05/2000Registered 18/05/2000Satisfied 28/05/2008
charge
satisfied

BANK OF WALES

Created 11/05/2000Registered 18/05/2000Satisfied 09/12/2004
charge
satisfied

BARCLAYS BANK PLC

Created 18/12/1997Registered 02/01/1998Satisfied 27/11/2004
charge
satisfied

BARCLAYS BANK PLC

Created 18/12/1997Registered 02/01/1998Satisfied 28/05/2008
charge
satisfied

BANK OF WALES PLC

Created 25/03/1992Registered 27/03/1992Satisfied 24/12/1997
charge
satisfied

THE WELSH DEVELOPMENT AGENCY

Created 13/03/1992Registered 20/03/1992Satisfied 28/05/2008
charge
satisfied

ROYAL TRUST BANK

Created 25/02/1991Registered 04/03/1991Satisfied 24/12/1997
charge
satisfied

AOKI EUROPE BV

Created 11/01/1991Registered 21/01/1991Satisfied 24/12/1997
charge
satisfied

ROYAL TRUST BANK

Created 10/01/1991Registered 16/01/1991Satisfied 24/12/1997
charge
satisfied

AOKI EUROPE BV

Created 10/01/1991Registered 16/01/1991Satisfied 24/12/1997
charge
satisfied

AOKI EUROPE BV

Created 10/01/1991Registered 16/01/1991Satisfied 24/12/1997
charge
satisfied

AOKI EUROPE BV

Created 10/01/1991Registered 16/01/1991Satisfied 24/12/1997
charge
satisfied

AOKI EUROPE BV

Created 10/01/1991Registered 16/01/1991Satisfied 24/12/1997
charge
satisfied

AOKI EUROPE BV

Created 10/01/1991Registered 16/01/1991Satisfied 24/12/1997

CompanyRankvs 1685+ SIC 41100 peers
74

Financial strength96th percentile among SIC peers · 24/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 74.73× · 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 strength24/25 pts

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

Employees10/15 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 31/10/2024

Net Worth

£2.1M

Balance sheet strength

Cash

£18k

Cash in the bank

Net Current Assets

£2.3M

Working capital

Current Assets

£2.3M

Current Liabilities

£31k

Debtors

£2.3M

2avg. employees

Balance Sheet

Assets less current liabilities£2.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202474.73+£0
202330490.82+£0
20221035.91+£0
20211211.64+£0
20202580.27+£0
2019471.25+£0
2018871.62

Derived from filed accounts. Not audited figures.