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Mp Costcutter Uk Limited

05872565

active
Private Limited Company
england wales
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • 3 outstanding charges (-6)

Details

124 DOWNS WAY, LITTLEHAMPTON, BN16 1AF
Incorporated 11/07/2006

Compliance

Last accounts

31/07/2025

total exemption full

Next accounts due

30/04/2027

On track

Confirmation statement

Last: 25/04/2025

Due 09/05/2026

Overdue

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating

Officers

Mr Mikin Patel

director · Since 11/07/2006

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Persons with Significant Control

Mr Mikin Kumar Patel

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

British · United Kingdom · Age 46

124, Downs Way, Littlehampton, BN16 1AF

Notified 21/07/2016

Former PSCs

Shukri Dini

Ceased 25/04/2024

Charges3 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 19/12/2018Registered 31/12/2018
Charge
outstanding

LLOYDS BANK PLC

Created 05/11/2018Registered 05/11/2018
Charge
outstanding

LLOYDS BANK PLC

Created 07/09/2018Registered 13/09/2018
charge
satisfied

HSBC BANK PLC

Created 30/11/2012Registered 01/12/2012Satisfied 06/07/2016

CompanyRankvs 1054+ SIC 47110 peers
73

Financial strength97th percentile among SIC peers · 24/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.93× · 16/20
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.

Employees13/15 pts

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

Liquidity16/20 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 31/07/2025

Net Worth

£447k

Balance sheet strength

Cash

£376k

Cash in the bank

Net Current Assets

£339k

Working capital

Current Assets

£701k

Current Liabilities

£363k

Fixed Assets

£156k

Debtors

£294k

8avg. employees

Tax at Year End

Corp tax£42k

Balance Sheet

Intangible assets£110k
Assets less current liabilities£495k
Signed by Mr Mikin Kumar Patel 17 February 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.93+£0
20251.93-£71k
20241.82-£80k
20232.30-£28k
20222.63+£49k
20212.88+£176k
20201.48+£87k
20191.22+£151k
20180.72

Derived from filed accounts. Not audited figures.