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Mccormick Tools Limited

03894219

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

UNIT 3, TRIMDON GRANGE, TS29 6PA
Incorporated 14/12/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47190
Other retail sale in non-specialised stores

Officers

Mrs Jennifer Lesley Mccormick

secretary · Since 14/12/1999

SECRETARY

BRITISH · UNITED KINGDOM · Age 77

Also on 3 other boards

Mr Austin Mccormick

director · Since 14/12/1999

TOOL SUPPLIER

BRITISH · UNITED KINGDOM · Age 76

Mrs Jennifer Lesley Mccormick

director · Since 17/12/1999

SECRETARY

BRITISH · UNITED KINGDOM · Age 77

Also on 3 other boards

Persons with Significant Control

Mr Austin Mccormick

25–50% shares
25–50% votes

British · United Kingdom · Age 76

Unit 3, Trimdon Grange Industrial Estate, Trimdon Grange, TS29 6PA

Notified 06/04/2016

Mrs Jennifer Lesley Mccormick

25–50% shares
25–50% votes

British · United Kingdom · Age 77

Unit 3, Trimdon Grange Industrial Estate, Trimdon Grange, TS29 6PA

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 15/01/2001Registered 20/01/2001Satisfied 12/05/2026

CompanyRankvs 11093+ SIC 47190 peers
50

Financial strength2th percentile among SIC peers · 1/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.57× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/12/2024

Net Worth

-£121k

Balance sheet strength

Cash

£10k

Cash in the bank

Net Current Assets

-£130k

Working capital

Current Assets

£171k

Current Liabilities

£300k

Fixed Assets

£9k

Debtors

£88k

6avg. employees

Balance Sheet

Assets less current liabilities-£121k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.57-£88k
20230.85-£40k
20210.94+£5k
20200.93-£161
20191.00+£2k
20180.96

Derived from filed accounts. Not audited figures.