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Madason Limited

02989672

active
Private Limited Company
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)
  • Negative net worth (-10)

Details

163 GLENELDON MEWS, LONDON, SW16 2AZ
Incorporated 14/11/1994

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46690
Wholesale of other machinery and equipment
52241
Cargo handling for water transport activities
52242
Cargo handling for air transport activities
52243
Cargo handling for land transport activities

Officers

Abdul-Rahman Owolabi Lemboye

secretary · Since 14/11/1994

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 65

Also on 8 other boards

Mr Abdul-Rahman Owolabi Lemboye

director · Since 14/11/1994

ACCOUNTANT

BRITISH · ENGLAND · Age 65

Persons with Significant Control

Mr Abdul-Rahman Owolabi Lemboye

75–100% shares

British · England · Age 65

163, Gleneldon Mews, London, SW16 2AZ

Notified 14/11/2016

CompanyRankvs 2759+ SIC 46690 peers
40

Financial strength7th percentile among SIC peers · 2/25
Employees39th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0× · 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 strength2/25 pts

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

Employees6/15 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 31/10/2024

Net Worth

-£35k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£35k

Working capital

Current Assets

£40

Current Liabilities

£35k

1avg. employees

Balance Sheet

Assets less current liabilities-£35k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.00+£3k
2023+£10k
2022+£8k

Derived from filed accounts. Not audited figures.