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Mccarthy Shanks Limited

04007543

active
Private Limited Company
Companies House
Health Score
57 / 100

Notable Risks

25/30
Filing
0/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

C/O SUPERTUNE AUTOMOTIVE LTD, OLDHAM, OL1 4EB
Incorporated 05/06/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74990
Non-trading company

Officers

Christopher Michael Mccarthy

director · Since 16/08/2000

DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 23 other boards

Christopher Michael Mccarthy

secretary · Since 16/07/2001

BRITISH · ENGLAND · Age 68

Also on 23 other boards

Persons with Significant Control

Supertune Automotive Holdings Limited

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

Oldham Central Trading Park, Coulton Close, Oldham, OL1 4EB

Reg: 15824436 · Companies House · Private Company Limited By Shares

Notified 14/08/2024

Former PSCs

Mr Christopher Michael Mccarthy

Ceased 14/08/2024

Miss Margaret Shanks

Ceased 14/12/2018

Mrs Gillian Elaine Mccarthy

Ceased 14/08/2024

Charges4 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 29/08/2024Registered 11/09/2024
Charge
outstanding

CHRISTOPHER MCCARTHY · GILLIAN MCCARTHY

Created 14/08/2024Registered 22/08/2024
Charge
outstanding

BARCLAYS BANK PLC

Created 29/07/2020Registered 30/07/2020
charge
outstanding

BARCLAYS BANK PLC

Created 31/08/2000Registered 14/09/2000

CompanyRankvs 757+ SIC 74990 peers
61

Financial strength91th percentile among SIC peers · 23/25
Employees53th percentile among SIC peers · 8/15
LiquidityCurrent ratio 4.41× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees8/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the director with respect to g

Key FinancialsYear ending 31/07/2024

Net Worth

£112k

Balance sheet strength

Cash

£3.4M

Cash in the bank

Net Current Assets

£6.0M

Working capital

Current Assets

£10.8M

Current Liabilities

£2.5M

Fixed Assets

£968k

Debtors

£4.5M

Cost of Sales

£17.4M

Admin Expenses

£4.9M

Profit After Tax

£1.8M

0avg. employees

Tax at Year End

Corp tax£293k
Dividends paid-£162k

People Costs

Wages & salaries£2.8M

Balance Sheet

Intangible assets£20k
Assets less current liabilities£7.0M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20244.41+£0
20233.73-£4.0M
20221.89+£3.9M
20213.19+£0
20202.53+£0
20193.40

Derived from filed accounts. Not audited figures.