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Metalworking Solutions Ltd

04185389

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

THE BUSINESS RESOURCE NETWORK, KENILWORTH, CV8 2GY
Incorporated 22/03/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45112
Sale of used cars and light motor vehicles
45190
Sale of other motor vehicles
70229
Management consultancy activities
71129
Other engineering activities

Officers

Mr Timothy Norman Major Myerson

director · Since 16/07/2020

DIRECTOR

BRITISH · ENGLAND · Age 72

Also on 2 other boards

Persons with Significant Control

Mr Timothy Norman Major Myerson

25–50% shares
25–50% votes
voting-rights-25-to-50-percent-as-firm

British · England · Age 72

The Business Resource Network, 53 Whateley's Drive, Kenilworth, CV8 2GY

Notified 16/07/2020

Mr John Drewe Abbotts

25–50% shares
25–50% votes

British · England · Age 74

The Business Resource Network, 53 Whateley's Drive, Kenilworth, CV8 2GY

Notified 15/03/2026

Former PSCs

Elizabeth Abbotts

Ceased 16/07/2020

Mr John Drewe Abbotts

Ceased 16/07/2020

CompanyRankvs 11253+ SIC 45112 peers
50

Financial strength8th percentile among SIC peers · 2/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.11× · 12/20
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 strength2/25 pts

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

Employees6/15 pts

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

Liquidity12/20 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 31/03/2024

Net Worth

-£27k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

£52k

Current Liabilities

£47k

1avg. employees
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.11+£2k
20231.07-£442
20221.26-£3k
202112.96-£5k
202024.75+£435
201932.79

Derived from filed accounts. Not audited figures.