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Medway Sling Company Mkt Limited

03217537

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

ROCHESTER TEST HOUSE, ROCHESTER, ME2 2AH
Incorporated 27/06/1996

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25930
Manufacture of wire products, chain and springs

Officers

Edward Arthur Ashworth

director · Since 27/06/1996

MANAGER

BRITISH · ENGLAND · Age 70

Also on 7 other boards

Mr Kevin Hunt

director · Since 27/06/1996

MARINE RIGGER

BRITISH · ENGLAND · Age 58

Also on 1 other board

Mr Martin John Williams

director · Since 27/06/1996

MARINE RIGGER

BRITISH · ENGLAND · Age 66

Also on 1 other board

Edward Arthur Ashworth

secretary · Since 10/07/1999

ENGINEER

BRITISH · ENGLAND · Age 70

Also on 7 other boards

Persons with Significant Control

Mr Kevin Hunt

25–50% shares

British · England · Age 58

Rochester Test House, Rochester, ME2 2AH

Notified 27/06/2017

Mr Edward Arthur Ashworth

25–50% shares

British · England · Age 70

Rochester Test House, Rochester, ME2 2AH

Notified 27/06/2017

Mr Martin John Williams

25–50% shares

British · England · Age 66

Rochester Test House, Rochester, ME2 2AH

Notified 27/06/2017

Charges2 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 20/04/1999Registered 10/05/1999
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 30/07/1996Registered 07/08/1996

CompanyRankvs 160+ SIC 25930 peers
47

Financial strength25th percentile among SIC peers · 6/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 1.2× · 12/20
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 strength6/25 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.

Liquidity12/20 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 31/03/2025

Net Worth

£3k

Balance sheet strength

Cash

£99

Cash in the bank

Net Current Assets

£41k

Working capital

Current Assets

£247k

Current Liabilities

£205k

Fixed Assets

£3k

Debtors

£178k

8avg. employees

Balance Sheet

Bank loans & overdrafts£59k
Assets less current liabilities£45k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.20-£178
20241.05-£5k
20231.12-£4k
20221.20
20211.42

Derived from filed accounts. Not audited figures.