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Converting Machinery Solutions Limited

04026754

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

UNIT 5D TRANSPENNINE TRADING ESTATE, ROCHDALE, OL11 2PX
Incorporated 04/07/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28950
Manufacture of machinery for paper and paperboard production

Officers

Mrs Angela Budd

secretary · Since 10/08/2000

ACCOUNTS MANAGER

BRITISH · Age 62

Mr Michael John Gartside

director · Since 10/08/2000

ENGINEER

BRITISH · ENGLAND · Age 58

Persons with Significant Control

Mrs Donna Jay Gartside

25–50% shares
25–50% votes

British · England · Age 55

Unit 5d Transpennine Trading Estate, Gorrels Way, Rochdale, OL11 2PX

Notified 06/04/2016

Mr Michael John Gartside

50–75% shares
50–75% votes
Appoint directors

British · England · Age 58

Unit 5d Transpennine Trading Estate, Gorrels Way, Rochdale, OL11 2PX

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 18/02/2009Registered 26/02/2009

CompanyRankvs 16+ SIC 28950 peers
67

Financial strength72th percentile among SIC peers · 18/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.82× · 16/20
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 strength18/25 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.

Liquidity16/20 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 31/12/2024

Net Worth

£214k

Balance sheet strength

Cash

£157k

Cash in the bank

Net Current Assets

£203k

Working capital

Current Assets

£451k

Current Liabilities

£248k

Fixed Assets

£15k

Debtors

£104k

9avg. employees

Tax at Year End(2021)

Corp tax£5k

Balance Sheet

Assets less current liabilities£218k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.82+£16k
20231.49+£33k
20221.23-£17k
20211.24

Derived from filed accounts. Not audited figures.