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Mike Speed Builders Limited

04446960

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

4 FORTON GLADE, FORTON ROAD, SHROPSHIRE, TF10 8BP
Incorporated 24/05/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Michael Thomas William Speed

director · Since 24/05/2002

DIRECTOR

BRITISH · ENGLAND · Age 73

Also on 1 other board

Mrs Linda Speed

secretary · Since 24/05/2002

DIRECTOR

BRITISH · ENGLAND · Age 74

Also on 3 other boards

Mrs Linda Speed

director · Since 24/05/2002

DIRECTOR

BRITISH · ENGLAND · Age 74

Also on 3 other boards

Persons with Significant Control

Mr Michael Thomas William Speed

25–50% shares
25–50% votes

British · England · Age 73

4 Forton Glade, Forton Road, Shropshire, TF10 8BP

Notified 06/04/2016

Mrs Linda Speed

25–50% shares
25–50% votes

British · England · Age 74

4 Forton Glade, Forton Road, Shropshire, TF10 8BP

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 22/08/2002Registered 30/08/2002

CompanyRankvs 57024+ SIC 68209 peers
52

Financial strength36th percentile among SIC peers · 9/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 2.81× · 20/20
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 strength9/25 pts

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

Employees3/15 pts

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

Liquidity20/20 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 31/01/2026

Net Worth

£100

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

£124k

Working capital

Current Assets

£193k

Current Liabilities

£69k

Debtors

£122

0avg. employees
Prepared with v2026.15.1 limited_company_frs_102_section_1a_v1_1_3 companies_house

EstimatesDerived

YearCurrent Ratio
20262.81
20262.81
20252.74
20242.66
20232.60

Derived from filed accounts. Not audited figures.