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M V Plastics Limited

03783103

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

VALLEY HOUSE, WARE, SG12 9QP
Incorporated 07/06/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

20590
Manufacture of other chemical products
32990
Other manufacturing

Officers

Mrs Madhuben Ahir

secretary · Since 07/06/1999

TEACHER

BRITISH · UNITED KINGDOM · Age 86

Also on 11 other boards

Mrs Madhuben Ahir

director · Since 07/06/1999

DIRECTOR

BRITISH · UNITED KINGDOM · Age 86

Also on 11 other boards

Dr Samit Ahir

director · Since 01/01/2010

NONE

BRITISH · UNITED KINGDOM · Age 45

Also on 5 other boards

Persons with Significant Control

Makevale Group Limited

75–100% shares
75–100% votes
Appoint directors

Valley House, Marsh Lane, Ware, SG12 9QP

Reg: 04428215 · England And Wales · Private Limited Company

Notified 01/07/2016

Charges2 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 05/03/2019Registered 11/03/2019
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 16/02/2015Registered 17/02/2015
charge
satisfied

BARCLAYS BANK PLC

Created 01/07/1999Registered 12/07/1999Satisfied 12/05/2015

CompanyRankvs 27+ SIC 20590 peers
78

Financial strength94th percentile among SIC peers · 24/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 9.75× · 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 30/09/2024

Net Worth

£5.7M

Balance sheet strength

Cash

£2.0M

Cash in the bank

Net Current Assets

£4.6M

Working capital

Current Assets

£5.1M

Current Liabilities

£526k

Fixed Assets

£1.3M

Debtors

£2.7M

26avg. employees+3

Tax at Year End(2020)

Corp tax£154k

Balance Sheet

Assets less current liabilities£5.9M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20249.75+£374k
20237.93+£602k
20225.65+£176k
20214.64+£929k
20205.22+£183k
20196.60+£801k
20184.36—

Derived from filed accounts. Not audited figures.