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Memcol Limited

03760024

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

THE STABLES, BIRKENHEAD, CH41 0AA
Incorporated 27/04/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47990
Other retail sale not in stores, stalls or markets

Officers

Mr Michael David Palin

secretary · Since 06/08/1999

DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 3 other boards

James Palin

director · Since 06/08/1999

DIRECTOR

BRITISH · UNITED KINGDOM · Age 89

Mr Michael David Palin

director · Since 06/08/1999

DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 3 other boards

Persons with Significant Control

Mr James Palin

50–75% shares

British · United Kingdom · Age 89

The Stables, 171a Laird Street, Birkenhead, CH41 0AA

Notified 06/04/2016

Mr Michael David Palin

25–50% shares

British · United Kingdom · Age 58

The Stables, 171a Laird Street, Birkenhead, CH41 0AA

Notified 06/04/2016

Charges2 outstanding

charge
outstanding

HSBC BANK PLC

Created 04/12/2009Registered 09/12/2009
charge
outstanding

HSBC BANK PLC

Created 27/06/2003Registered 01/07/2003

CompanyRankvs 349+ SIC 47990 peers
78

Financial strength96th percentile among SIC peers · 24/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.29× · 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 strength24/25 pts

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

Employees14/15 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 31/07/2025

Net Worth

£523k

Balance sheet strength

Cash

£178k

Cash in the bank

Net Current Assets

£424k

Working capital

Current Assets

£609k

Current Liabilities

£185k

Fixed Assets

£101k

Debtors

£431k

8avg. employees

Tax at Year End(2021)

Corp tax£12k

Balance Sheet

Intangible assets£0
Assets less current liabilities£525k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20253.29-£13k
20242.99-£15k
20233.07-£2k
20223.54-£99k
20214.93

Derived from filed accounts. Not audited figures.