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M & K Update Limited

03759477

active
Private Limited Company
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • 3 outstanding charges (-6)

Details

THE OLD BAKERY, KESWICK, CA12 5AS
Incorporated 26/04/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

58110
Book publishing
85590
Other education

Officers

Mr Kenneth Edward Russell

director · Since 26/04/1999

DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Persons with Significant Control

Mr Kenneth Edward Russell

Significant control

British · United Kingdom · Age 63

The Old Bakery, 26b St John's Street, Keswick, CA12 5AS

Notified 01/05/2016

Former PSCs

Mr Michael Kenneth Roberts

Ceased 27/04/2022

Charges3 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 22/07/2005Registered 03/08/2005
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 29/07/2002Registered 30/07/2002
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 06/12/2001Registered 15/12/2001

CompanyRankvs 1685+ SIC 58110 peers
53

Financial strength39th percentile among SIC peers · 10/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 3.19× · 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 strength10/25 pts

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

Employees3/15 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 30/04/2025

Net Worth

£2

Balance sheet strength

Cash

£3.8M

Cash in the bank

Net Current Assets

£2.7M

Working capital

Current Assets

£3.9M

Current Liabilities

£1.2M

Fixed Assets

£25k

Debtors

£64k

0avg. employees-10

Tax at Year End(2021)

Corp tax£139k

Balance Sheet

Assets less current liabilities£2.7M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20253.19
20242.52
20232.07
20221.72
20211.45
20201.07

Derived from filed accounts. Not audited figures.