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Mccoy Engineering (Hull) Limited

02860349

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

371 WINCOLMLEE, E YORKS, HU2 0QQ
Incorporated 07/10/1993

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Mr David Johnathon Mccoy

director · Since 07/10/1993

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 1 other board

Mr Daniel James Mccoy

director · Since 17/11/2011

DIRECTOR

BRITISH · UNITED KINGDOM · Age 37

Mr David Johnathon Mccoy

secretary · Since 22/05/2015

Also on 1 other board

Persons with Significant Control

Mr David Johnathon Mccoy

25–50% shares
25–50% votes

British · England · Age 65

371 Wincolmlee, E Yorks, HU2 0QQ

Notified 06/04/2016

Mr Daniel James Mccoy

25–50% shares
25–50% votes

British · United Kingdom · Age 37

371 Wincolmlee, E Yorks, HU2 0QQ

Notified 01/12/2021

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 29/08/1995Registered 19/09/1995

CompanyRankvs 1859+ SIC 32990 peers
69

Financial strength73th percentile among SIC peers · 18/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 2.5× · 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.

Employees11/15 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 31/12/2024

Net Worth

£140k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£109k

Working capital

Current Assets

£182k

Current Liabilities

£73k

Fixed Assets

£151k

6avg. employees-2

Tax at Year End(2023)

Corp tax£8k

Director Loans(2023)

Company owes directors£15k

Balance Sheet

Assets less current liabilities£260k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20242.50+£31k
20231.25+£60k
20221.41+£11k
20211.40

Derived from filed accounts. Not audited figures.