Back to search

Milton Keynes Pressings Limited

02428322

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
10/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 6 outstanding charges (-10)

Details

C/O MERCER & HOLE THE PINNACLE, MILTON KEYNES, MK9 1BP
Incorporated 02/10/1989

Compliance

Last accounts

31/10/2024

group

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 26/05/2026

Due 09/06/2027

On track

Industry

25990
Manufacture of other fabricated metal products

Officers

Mrs Lindsay Ann Read

director · Since 01/06/1991

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 74

Also on 4 other boards

Mr Michael Read

director · Since 01/06/1991

EXECUTIVE CHAIRMAN

BRITISH · UNITED KINGDOM · Age 77

Also on 11 other boards

Mr Michael Read

secretary · Since 01/06/1991

BRITISH · UNITED KINGDOM · Age 77

Also on 11 other boards

Mr Stephen Derek Moyle Fcca

director · Since 23/05/2022

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 3 other boards

Mr Gary Read

director · Since 23/05/2022

TOOLING DIRECTOR

BRITISH · ENGLAND · Age 48

Miss Hannah Read

director · Since 23/05/2022

PRODUCTION DIRECTOR

BRITISH · ENGLAND · Age 44

Mr Neal Read

director · Since 23/05/2022

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 1 other board

Mr Mauro Clores

director · Since 23/05/2022

MANUFACTURING DIRECTOR

ITALIAN · ENGLAND · Age 63

Mr Lee Deller

director · Since 23/05/2022

OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 56

Persons with Significant Control

Mr Michael Read

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

British · United Kingdom · Age 77

C/O Mercer & Hole, The Pinnacle, Milton Keynes, MK9 1BP

Notified 06/04/2016

Charges6 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 16/01/2024Registered 01/02/2024
Charge
outstanding

HSBC ASSET FINANCE (UK) LTD · HSBC EQUIPMENT FINANCE (UK) LTD

Created 12/11/2015Registered 12/11/2015
Charge
satisfied

HSBC BANK PLC

Created 21/08/2013Registered 23/08/2013Satisfied 05/02/2026
charge
satisfied

LLOYDS TSB BANK PLC

Created 18/06/2009Registered 20/06/2009Satisfied 24/08/2011
charge
satisfied

LLOYDS TSB BANK PLC

Created 18/06/2009Registered 20/06/2009Satisfied 24/08/2011
charge
satisfied

LLOYDS TSB BANK PLC

Created 18/06/2009Registered 20/06/2009Satisfied 24/08/2011
charge
outstanding

HSBC INVOICE FINANCE (UK) LIMITED

Created 20/11/2001Registered 21/11/2001
charge
outstanding

HSBC INVOICE FINANCE (UK) LIMITED

Created 20/11/2001Registered 21/11/2001
charge
satisfied

HSBC BANK PLC

Created 05/11/2001Registered 09/11/2001Satisfied 20/06/2009
charge
satisfied

HSBC ASSET FINANCE (UK) LIMITED AND HSBC EQUIPMENT FINANCE (UK) LIMITED

Created 05/03/2001Registered 05/03/2001Satisfied 20/06/2009
charge
satisfied

HSBC ASSET FINANCE (UK) LIMITED AND HSBC EQUIPMENT FINANCE (UK) LIMITED

Created 07/06/2000Registered 08/06/2000Satisfied 20/06/2009
charge
satisfied

HSBC BANK PLC

Created 23/03/2000Registered 25/03/2000Satisfied 20/06/2009
charge
satisfied

FORWARD TRUST GROUP LIMITED AND FORWARD TRUST LIMITED

Created 11/08/1999Registered 11/08/1999Satisfied 20/06/2009
charge
outstanding

MIDLAND BANK PLC

Created 25/06/1998Registered 26/06/1998
charge
outstanding

GRIFFIN FACTORS LIMITED

Created 19/08/1996Registered 22/08/1996
charge
satisfied

MIDLAND BANK PLC

Created 07/03/1990Registered 15/03/1990Satisfied 11/08/1999

CompanyRankvs 49+ SIC 25990 peers
70

Financial strength98th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.06× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 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

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

of material uncertainty that may have any impact on the group's business and the directors are therefore confident that it is appropriate to prepare the financial statements of the group on a going concern basis. MILTON KEYNES PRESSINGS LIMITED STRATEGIC REPORT (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2024 - 3 - The directors are satisfied that the company's financial r

Key FinancialsYear ending 31/10/2024

Net Worth

£4.9M

Balance sheet strength

Cash

£410k

Cash in the bank

Net Current Assets

£4.2M

Working capital

Current Assets

£6.2M

Current Liabilities

£2.0M

Fixed Assets

£2.0M

Debtors

£5.5M

Cost of Sales

£9.9M

Admin Expenses

£2.6M

Profit After Tax

£6k

139avg. employees

Tax at Year End

Corp tax£71k

People Costs

Wages & salaries£5.2M

Balance Sheet

Intangible assets£1k
Assets less current liabilities£1.8M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20243.06

Derived from filed accounts. Not audited figures.