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Malcolm Needham & Co Limited

05268352

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

UNIT 44A AVENUE 2 STORFORTH LANE TRADING ESTATE, CHESTERFIELD, S41 0QR
Incorporated 25/10/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69202
Bookkeeping activities

Officers

Mr Malcolm Needham

secretary · Since 25/10/2004

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 72

Also on 3 other boards

Mr Malcolm Needham

director · Since 25/10/2004

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 72

Also on 3 other boards

Persons with Significant Control

Mr Malcolm Needham

75–100% shares

British · United Kingdom · Age 72

154, Park Road, Chesterfield, S40 2LG

Notified 06/04/2016

CompanyRankvs 1704+ SIC 69202 peers
77

Financial strength89th percentile among SIC peers · 22/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 4.31× · 20/20
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 strength22/25 pts

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

Employees5/15 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.

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

Key FinancialsYear ending 31/10/2024

Net Worth

£54k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£11k

Working capital

Current Assets

£15k

Current Liabilities

£3k

Fixed Assets

£43k

1avg. employees

Balance Sheet

Assets less current liabilities£54k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20244.31-£144
20234.98+£124
202214.33-£13
202114.40-£13
202014.47-£13
201914.54-£13
201814.61

Derived from filed accounts. Not audited figures.