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Manchester Hydraulics Limited

04205243

in administration
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

AZZURRI HOUSE, WALSALL, WS9 0RB
Incorporated 25/04/2001

Compliance

Last accounts

31/12/2023

unaudited abridged

Next accounts due

30/09/2025

Overdue

Confirmation statement

Last: 25/04/2024

Due 09/05/2025

Overdue

Industry

33120
Repair of machinery

Officers

Mr Mark Richard Barnes

director · Since 25/04/2001

DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 6 other boards

Mrs Amanda Jane Barnes

secretary · Since 09/10/2018

Persons with Significant Control

Ajb Hydraulics Limited

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

Unit 33, Westbrook Road, Manchester, M17 1AY

Notified 09/10/2018

Former PSCs

Mr Mark Richard Barnes

Ceased 09/10/2018

Mrs Elaine Mary Caswell

Ceased 09/10/2018

Charges3 outstanding

Charge
outstanding

TIME INVOICE FINANCE LIMITED

Created 17/02/2022Registered 18/02/2022
charge
outstanding

THE ROYAL BANK OF SCOTLAND COMMERCIAL SERVICES LIMITED

Created 07/01/2004Registered 13/01/2004
charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 25/05/2001Registered 04/06/2001

Insolvency History1 case

in administration

Richard David Tonks (practitioner) · Kim Richards (practitioner)

CompanyRankvs 15+ SIC 33120 peers
16

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.9× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 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.

Risk deductions

Outstanding charges: -10 pts

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/12/2023

Net Worth

-£49k

Balance sheet strength

Cash

£20k

Cash in the bank

Net Current Assets

-£45k

Working capital

Current Assets

£417k

Current Liabilities

£462k

Fixed Assets

£62k

Debtors

£313k

11avg. employees

Balance Sheet

Assets less current liabilities£17k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20230.90-£17k
20221.01-£40k
20211.17+£7k
20201.13-£16k
20191.17-£19k
20181.24

Derived from filed accounts. Not audited figures.