M40 Pallets Limited
04274203
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 30/09/2020
Persons with Significant Control
Mr Andrew James Glenister
British · England · Age 65
Swilleys Field, Oxford Road, High Wycombe, HP14 3TD
Notified 06/04/2016
Ms Tracey Jane Glenister
British · England · Age 60
Swilleys Field, Oxford Road, High Wycombe, HP14 3TD
Notified 04/12/2021
Former PSCs
Mr Mark Stanley King
Ceased 30/09/2020
CompanyRankvs 527+ SIC 47990 peers87
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2025
Net Worth
£142k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£117k
Working capital
Current Assets
£175k
Current Liabilities
£59k
Fixed Assets
£25k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.99 | -£24k |
| 2024 | 3.19 | -£11k |
| 2023 | 3.26 | +£44k |
| 2022 | 2.58 | +£63k |
| 2021 | 2.56 | — |
Derived from filed accounts. Not audited figures.