Mainline Electronics (Leicester) Limited
04195018
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr John Anthony Higgins
British · England · Age 63
190 Little Glen Road, Glen Parva, Leicester, LE2 9TT
Notified 06/04/2016
CompanyRankvs 86018+ SIC 82990 peers42
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
the Companies Act 2006. The financial statements have been prepared under the historical cost convention. In preparing the accounts the director has assessed the company's ability to continue as a going concern for the period of 1 year from the approval of these accounts. The director considers the going concern basis of preparing the accounts appropriate as financial support will be provided b
Key FinancialsYear ending 30/04/2025
Net Worth
-£19k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£13k
Working capital
Current Assets
£23k
Current Liabilities
£36k
Fixed Assets
£1k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.63 | -£11k |
| 2024 | 0.86 | -£14k |
| 2023 | 1.62 | — |
Derived from filed accounts. Not audited figures.