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Mpl Waste Management Ltd

06001731

active
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

AMELIA HOUSE, WORTHING, BN11 1QR
Incorporated 17/11/2006

Compliance

Last accounts

31/12/2023

total exemption full

Next accounts due

31/12/2025

Overdue

Confirmation statement

Last: 17/11/2025

Due 01/12/2026

On track

Industry

39000
Remediation activities and other waste management services

Officers

Mr Matthew Lee

director · Since 17/11/2006

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 1 other board

Persons with Significant Control

Mr Matthew Lee

75–100% shares
75–100% votes

British · England · Age 48

C/O Neum Insolvency, Suite 9, Amba House, 15 College Road, Harrow, HA1 1BA

Notified 06/04/2016

CompanyRankvs 1492+ SIC 39000 peers
50

Financial strength1th percentile among SIC peers · 0/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.51× · 6/20
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 strength0/25 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 31/12/2023

Net Worth

-£609k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

-£117k

Working capital

Current Assets

£122k

Current Liabilities

£239k

Fixed Assets

£64k

Debtors

£75k

19avg. employees+1

Balance Sheet

Intangible assets£6k
Assets less current liabilities-£53k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20230.51-£63k
20220.64-£40k
20210.70-£72k
20200.91-£119k
20191.21+£53k
20180.93

Derived from filed accounts. Not audited figures.