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Majornet Limited

03748909

active
Private Limited Company
Companies House
Health Score
67 / 100

Some Concerns

25/30
Filing
10/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

MANOR HOUSE 35, CHORLEY, PR7 1HP
Incorporated 08/04/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Shahid Latif

director · Since 17/05/1999

DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 3 other boards

Mohammad Abdul Waheed

secretary · Since 05/08/2005

NONE

BRITISH · Age 70

Mr Mohammed Abdul Waheed

director · Since 11/07/2017

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 71

Also on 2 other boards

Persons with Significant Control

Mr Shahid Latif

25–50% shares
25–50% votes
Appoint directors

British · England · Age 68

Cuerdon Cottage, Cuerdon Drive, Warrington, WA4 3JU

Notified 06/04/2016

Mr Mohammad Abdul Waheed

25–50% shares
25–50% votes
Appoint directors

British · England · Age 71

Golbourne Farm, Golbourne Lane, Knutsford, WA16 0RD

Notified 06/04/2016

Charges4 outstanding

Charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 03/10/2018Registered 08/10/2018
Charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 31/08/2018Registered 20/09/2018
Charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 30/06/2016Registered 06/07/2016
Charge
satisfied

BRIDGING FINANCE LIMITED

Created 30/04/2014Registered 20/05/2014Satisfied 13/08/2014
Charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 30/04/2014Registered 19/05/2014
Charge
satisfied

SVENSKA HANDELSBANKEN AB (PUBL)

Created 30/04/2014Registered 19/05/2014Satisfied 18/11/2019
charge
satisfied

SVENSKA HANDELSBANKEN AB (PUBL)

Created 30/11/2012Registered 06/12/2012Satisfied 18/11/2019
charge
satisfied

HSBC BANK PLC

Created 24/06/2011Registered 01/07/2011Satisfied 13/11/2018
charge
satisfied

HSBC BANK PLC

Created 24/06/2011Registered 01/07/2011Satisfied 13/11/2018
charge
satisfied

LLOYDS TSB BANK PLC

Created 01/12/2008Registered 06/12/2008Satisfied 09/01/2020
charge
satisfied

AIB GROUP (UK) PLC

Created 01/08/2008Registered 06/08/2008Satisfied 15/07/2014
charge
satisfied

LLOYDS TSB BANK PLC

Created 13/03/2008Registered 20/03/2008Satisfied 09/01/2020
charge
satisfied

AIB GROUP (UK) PLC

Created 13/03/2007Registered 16/03/2007Satisfied 15/07/2014
charge
satisfied

AIB GROUP (UK) PLC

Created 13/12/2005Registered 17/12/2005Satisfied 13/05/2014
charge
satisfied

AIB GROUP (UK) PLC

Created 13/12/2005Registered 17/12/2005Satisfied 19/05/2014
charge
satisfied

HABIB BANK AG ZURICH

Created 02/10/2003Registered 03/10/2003Satisfied 07/01/2006
charge
satisfied

HABIB BANK AG ZURICH

Created 04/09/2003Registered 10/09/2003Satisfied 25/06/2011
charge
satisfied

HABIB BANK AG ZURICH

Created 30/07/1999Registered 16/08/1999Satisfied 18/12/2025
charge
satisfied

HABIB BANK AG ZURICH

Created 30/07/1999Registered 03/08/1999Satisfied 07/01/2006

CompanyRankvs 1154+ SIC 68100 peers
77

Financial strength100th percentile among SIC peers · 25/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 6.2× · 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 strength25/25 pts

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

Employees12/15 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 30/09/2024

Net Worth

£14.9M

Balance sheet strength

Cash

£2.7M

Cash in the bank

Net Current Assets

£17.5M

Working capital

Current Assets

£20.9M

Current Liabilities

£3.4M

Fixed Assets

£41k

Debtors

£12.7M

2avg. employees

Tax at Year End

Corp tax£3.0M
VAT£17k

Balance Sheet

Bank loans & overdrafts£181k
Assets less current liabilities£17.5M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20246.20+£9.1M£333k
202320.74+£51k£166k
202219.83+£259k£311k
202119.79+£198k£312k
202016.60+£4.0M
20185.89

Derived from filed accounts. Not audited figures.