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Masplas Mouldings Limited

03036371

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

14C RAYMOND CLOSE, WELLINGBOROUGH, NN29 7RG
Incorporated 22/03/1995

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

22290
Manufacture of other plastic products

Officers

Mr John Mitchinson

director · Since 22/03/1995

PLASTICS ENGINEER

BRITISH · ENGLAND · Age 64

Also on 1 other board

Elizabeth Jane Mitchinson

secretary · Since 20/01/1998

COMPANY SECRETARY

BRITISH · Age 63

Persons with Significant Control

Mr John Mitchinson

25–50% shares

British · England · Age 64

14c, Raymond Close, Wellingborough, NN29 7RG

Notified 06/04/2016

Mrs Elizabeth Jane Mitchinson

25–50% shares

British · England · Age 63

14c, Raymond Close, Wellingborough, NN29 7RG

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

SKIPTON BUSINESS FINANCE LTD

Created 26/03/2026Registered 26/03/2026
charge
satisfied

YORKSHIRE BANK PLC

Created 10/05/2000Registered 13/05/2000Satisfied 12/03/2026

CompanyRankvs 1601+ SIC 22290 peers
49

Financial strength55th percentile among SIC peers · 14/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.7× · 6/20
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 strength14/25 pts

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

Employees9/15 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.

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

£50k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£23k

Working capital

Current Assets

£112k

Current Liabilities

£161k

Fixed Assets

£249k

4avg. employees

Balance Sheet

Assets less current liabilities£226k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20240.70-£849
20230.92+£27k
20220.54+£8k
20210.54-£6k
20200.62+£5k
20190.99+£2k
20181.19

Derived from filed accounts. Not audited figures.