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Michael Ford (Essex) Ltd

04628309

active
Private Limited Company
england wales
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)
  • Current liabilities exceed current assets (-10)

Details

2 HIGH STREET, ESSEX, CM0 8AA
Incorporated 03/01/2003

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 03/01/2025

Due 17/01/2026

Overdue

Industry

43310
Plastering

Officers

Jayne Marie Ford

director · Since 03/01/2003

ADMINISTRATION

BRITISH · Age 66

Mr Michael David Ford

director · Since 03/01/2003

PLASTERER

BRITISH · UNITED KINGDOM · Age 67

Persons with Significant Control

Mr Michael David Ford

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

British · United Kingdom · Age 67

116 Watchouse Road, Chelmsford, CM2 8NH

Notified 06/04/2016

CompanyRankvs 3804+ SIC 43310 peers
48

Financial strength26th percentile among SIC peers · 7/25
Employees59th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.28× · 2/20
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 strength7/25 pts

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

Employees9/15 pts

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

Liquidity2/20 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 30/09/2024

Net Worth

£100

Balance sheet strength

Cash

£381

Cash in the bank

Net Current Assets

-£5k

Working capital

Current Assets

£2k

Current Liabilities

£7k

Debtors

£2k

2avg. employees

Balance Sheet

Assets less current liabilities-£5k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.28
20231.21
20221.10
20210.70
20201.04
20191.62

Derived from filed accounts. Not audited figures.