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Mark1 Conversions Ltd

05517554

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

UNIT D2 WESTLEIGH WILLOWS FARM, HONITON, EX14 3BN
Incorporated 25/07/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96090
Other personal service activities

Officers

Mr Mark Rowland

director · Since 25/07/2005

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 56

Mr Lee Mark Baker

director · Since 19/09/2013

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 53

Mr Lee Baker

secretary · Since 01/03/2024

Persons with Significant Control

Mr Lee Mark Baker

25–50% shares

British · England · Age 53

1, Greenacres Close, Honiton, EX14 3HP

Notified 06/04/2016

Mr Mark Rowland

25–50% shares

British · England · Age 56

85, Acland Park, Honiton, EX14 3WA

Notified 06/04/2016

CompanyRankvs 33253+ SIC 96090 peers
63

Financial strength53th percentile among SIC peers · 13/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.93× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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33253Mark1 Conversions Ltd
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How is this score calculated?
Financial strength13/25 pts

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

Employees14/15 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 31/03/2025

Net Worth

£1k

Balance sheet strength

Cash

£14k

Cash in the bank

Net Current Assets

-£8k

Working capital

Current Assets

£109k

Current Liabilities

£117k

Fixed Assets

£9k

Debtors

£31k

9avg. employees

Tax at Year End

Corp tax£7k

Balance Sheet

Assets less current liabilities£1k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20250.93+£94
20240.93-£4k
20230.97—

Derived from filed accounts. Not audited figures.