Michael Mccormick Limited
05345060
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/03/2025
total exemption full
Next accounts due
31/12/2026
Confirmation statement
Last: 16/08/2025
Due 30/08/2026
Industry
Officers
director · Since 01/05/2010
MANAGER
BRITISH · UNITED KINGDOM · Age 65
Also on 1 other board
Persons with Significant Control
Mr Michael Mccormick
British · England · Age 64
2-4, Station View, County Durham, DH7 9HR
Notified 27/01/2017
Charges0 outstanding
THOMAS MCCORMICK
CompanyRankvs 1051+ SIC 47110 peers79
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/03/2025
Net Worth
£299k
Balance sheet strength
Cash
£130k
Cash in the bank
Net Current Assets
£157k
Working capital
Current Assets
£159k
Current Liabilities
£2k
Fixed Assets
£142k
Debtors
£29k
Tax at Year End(2024)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 95.87 | -£54k |
| 2024 | 69.11 | -£101k |
| 2023 | 10.00 | +£0 |
| 2023 | 10.00 | -£98k |
| 2022 | 3.86 | +£107k |
| 2021 | 1.58 | +£59k |
| 2020 | 10.95 | -£32k |
| 2019 | 1.51 | — |
Derived from filed accounts. Not audited figures.