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Mmc Specialist Cars Limited

05215902

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

OLD SUGAR MILL MANDALE ROAD, STOCKTON-ON-TEES, TS17 6AW
Incorporated 26/08/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45112
Sale of used cars and light motor vehicles

Officers

Mr Mark Edwards

director · Since 26/08/2004

CAR TRADER

BRITISH · ENGLAND · Age 61

Also on 6 other boards

Mr Jak Edwards

director · Since 11/06/2025

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 32

Also on 1 other board

Mr James Edwards

director · Since 11/06/2025

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 28

Also on 1 other board

Persons with Significant Control

Mr Mark Edwards

25–50% shares
75–100% votes
Appoint directors

British · England · Age 61

Old Sugar Mill, Mandale Road, Stockton-On-Tees, TS17 6AW

Notified 25/08/2016

Mr James Edwards

25–50% shares

British · England · Age 28

26, Mill Street, Stockton-On-Tees, TS20 1AB

Notified 31/03/2025

Mr Jak Edwards

25–50% shares

British · England · Age 32

Old Sugar Mill, Mandale Road, Stockton-On-Tees, TS17 6AW

Notified 31/03/2025

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 31/05/2018Registered 13/06/2018
Charge
outstanding

LLOYDS BANK PLC

Created 17/01/2018Registered 23/01/2018
charge
satisfied

HSBC BANK PLC

Created 05/08/2008Registered 12/08/2008Satisfied 22/10/2019
charge
satisfied

HSBC BANK PLC

Created 24/08/2007Registered 07/09/2007Satisfied 22/10/2019
charge
satisfied

HSBC BANK PLC

Created 06/06/2007Registered 15/06/2007Satisfied 22/10/2019
charge
satisfied

HSBC BANK PLC

Created 11/05/2007Registered 16/05/2007Satisfied 22/10/2019

CompanyRankvs 545+ SIC 45112 peers
76

Financial strength96th percentile among SIC peers · 24/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 6.74× · 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 strength24/25 pts

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

Employees12/15 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 31/03/2025

Net Worth

£702k

Balance sheet strength

Cash

£286k

Cash in the bank

Net Current Assets

£564k

Working capital

Current Assets

£662k

Current Liabilities

£98k

Fixed Assets

£818k

Debtors

£23k

3avg. employees

Balance Sheet

Assets less current liabilities£1.4M
Signed by 05215902 2024-04-01 2025-03-31 05215902 2025-03-31 05215902 core:CurrentFinancialInstruments 2025-03-31 05215902 core:CuPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20256.74+£61k
202412.61-£28k
20234.54+£148k
20227.63+£185k
20214.91+£15k
20201.03+£23k
20191.02

Derived from filed accounts. Not audited figures.