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M K Associates Limited

02878813

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

38 CHIGWELL LANE, ESSEX, IG10 3NY
Incorporated 08/12/1993

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
68209
Other letting and operating of own or leased real estate

Officers

Mr Baljit Virk

director · Since 26/05/1994

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 75

Also on 5 other boards

Sukhminder Virk

secretary · Since 31/12/2002

COMPANY SECRETARY

BRITISH · Age 69

Mrs Sukhminder Kaur Virk

director · Since 01/11/2006

DIRECTOR

BRITISH · ENGLAND · Age 69

Also on 5 other boards

Ms Rosina Virk

director · Since 29/10/2008

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 4 other boards

Persons with Significant Control

Mkbv Holdings Limited

75–100% shares

5a, Dominus Way, Leicester, LE19 1RP

Reg: 16718734 · Companies House · Private Limited Company

Notified 13/11/2025

Former PSCs

Mr Baljit Virk

Ceased 10/05/2022

Bv Investments Limited

Ceased 13/11/2025

Mkbv Property Limited

Ceased 13/11/2025

Charges0 outstanding

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CompanyRankvs 24730+ SIC 41100 peers
59

Financial strength99th percentile among SIC peers · 25/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.14× · 2/20
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 strength25/25 pts

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

Employees2/15 pts

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

Liquidity2/20 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 31/03/2025

Net Worth

£6.5M

Balance sheet strength

Cash

£71k

Cash in the bank

Net Current Assets

-£1.4M

Working capital

Current Assets

£226k

Current Liabilities

£1.6M

Fixed Assets

£9.1M

Debtors

£135k

0avg. employees-18

Tax at Year End

Corp tax£51k

Balance Sheet

Assets less current liabilities£7.8M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.14+£230k
20240.15+£101k
20230.16+£44k
20220.16-£130k
20210.33+£136k
20200.29-£237k
20190.58

Derived from filed accounts. Not audited figures.