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Md Warranty Inspection Services Limited

05288783

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)
  • Going concern doubt noted in accounts (-10)

Details

2 SHORE LINES BUILDING, WIRRAL, CH41 1AU
Incorporated 17/11/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Daniel Paul Vaughan

secretary · Since 01/12/2023

Mr David Philip Swigciski

director · Since 23/05/2024

MANAGING DIRECTOR

BRITISH · SCOTLAND · Age 54

Also on 7 other boards

Mr James Brown

director · Since 19/12/2025

BRITISH · ENGLAND · Age 48

Persons with Significant Control

Md Insurance Services Limited

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

2 Shore Lines Building, Shore Road, Birkenhead, CH41 1AU

Reg: 03642459 · Companies House · Private Limited Company

Notified 01/04/2022

Former PSCs

Mr Gary James Devaney

Ceased 01/04/2022

CompanyRankvs 1690+ SIC 71129 peers
69

Financial strength89th percentile among SIC peers · 22/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.15× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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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.

Employees15/15 pts

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

Liquidity12/20 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

Going concern doubt: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d

Key FinancialsYear ending 31/12/2021

Turnover

£14.8M

Annual revenue

Net Worth

£167k

Balance sheet strength

Cash

£13k

Cash in the bank

Net Current Assets

£1.5M

Working capital

Current Assets

£11.6M

Current Liabilities

£10.1M

Fixed Assets

£84k

Debtors

£11.6M

Admin Expenses

£14.7M

Operating Profit

£32k

194avg. employees-9

People Costs

Wages & salaries£9.7M
NI contributions£1.2M

Balance Sheet

Assets less current liabilities£1.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20211.15+£0
20201.11

Derived from filed accounts. Not audited figures.