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Michael Rowlands Limited

05056655

active
Private Limited Company
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

BULL HOUSE, 15 PENRALLT STREET, POWYS, SY20 8AG
Incorporated 26/02/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Michael Rowlands

director · Since 26/02/2004

BUILDING CONTRACTOR

BRITISH · WALES · Age 68

Persons with Significant Control

Mr Michael Rowlands

75–100% shares

British · Wales · Age 68

Bull House, 15 Penrallt Street, Powys, SY20 8AG

Notified 06/04/2016

CompanyRankvs 32850+ SIC 41100 peers
57

Financial strength55th percentile among SIC peers · 14/25
Employees45th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.96× · 6/20
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 strength14/25 pts

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

Employees7/15 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

£2k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£1k

Working capital

Current Assets

£41k

Current Liabilities

£42k

Fixed Assets

£6k

1avg. employees

Balance Sheet

Assets less current liabilities£5k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.96+£941
20231.02

Derived from filed accounts. Not audited figures.