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M.V.- Meccanica Verghera Limited

02556954

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

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

Details

116 CHESTER ROAD, WALSALL, WS8 6DT
Incorporated 12/11/1990

Compliance

Last accounts

30/11/2024

total exemption full

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 13/11/2025

Due 27/11/2026

On track

Industry

29100
Manufacture of motor vehicles

Officers

Mr Mark David Kay

director · Since 12/11/1991

ENGINEER

BRITISH · UNITED KINGDOM · Age 58

Mrs Nicola Jane Kay

secretary · Since 14/01/2015

Mr Mitchell David Kay

director · Since 01/03/2018

MECHANICAL ENGINEER

BRITISH · UNITED KINGDOM · Age 33

Persons with Significant Control

Mr Mark David Kay

75–100% shares
75–100% votes
Appoint directors
right-to-appoint-and-remove-directors-as-firm

British · United Kingdom · Age 58

116, Chester Road, Walsall, WS8 6DT

Notified 01/07/2016

Mr Mitchell David Kay

25–50% shares
25–50% votes
Appoint directors
right-to-appoint-and-remove-directors-as-firm

British · United Kingdom · Age 33

116, Chester Road, Walsall, WS8 6DT

Notified 01/03/2018

CompanyRankvs 212+ SIC 29100 peers
63

Financial strength65th percentile among SIC peers · 16/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.95× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength16/25 pts

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

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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.

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

Key FinancialsYear ending 30/11/2024

Net Worth

£1k

Balance sheet strength

Cash

£13k

Cash in the bank

Net Current Assets

-£1k

Working capital

Current Assets

£21k

Current Liabilities

£23k

Fixed Assets

£2k

2avg. employees

Tax at Year End

Corp tax£6k
VAT£958

Director Loans

Company owes directors£13k

Balance Sheet

Assets less current liabilities£1k
Signed by Mr M D Kay Mr M D Kay 26 June 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.95-£6k£19k
20231.39+£5k£2k
20220.94-£959
20211.03£73k
20201.29
20192.83
20183.50

Derived from filed accounts. Not audited figures.