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Michael J Andrews Limited

06118892

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

38 THORLEY LANE, ALTRINCHAM, WA15 7AZ
Incorporated 20/02/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities

Officers

Mr Michael John Andrews

director · Since 21/02/2007

COST MANAGEMENT CONSULTANT

BRITISH · ENGLAND · Age 55

Persons with Significant Control

Mr Michael John Andrews

75–100% shares
75–100% votes

British · England · Age 55

38 Thorley Lane, Timperley, Altrincham, WA15 7AZ

Notified 06/04/2016

Charges3 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 15/09/2011Registered 16/09/2011
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 17/06/2011Registered 22/06/2011
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 16/05/2011Registered 25/05/2011

CompanyRankvs 7256+ SIC 70229 peers
70

Financial strength97th percentile among SIC peers · 24/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 7.2× · 20/20
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.

Employees6/15 pts

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

Liquidity20/20 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 31/12/2024

Net Worth

£551k

Balance sheet strength

Cash

£443k

Cash in the bank

Net Current Assets

£413k

Working capital

Current Assets

£479k

Current Liabilities

£67k

Fixed Assets

£138k

Debtors

£36k

1avg. employees

Tax at Year End(2022)

Corp tax£42k

Balance Sheet

Assets less current liabilities£551k
Prepared with BTCSoftware AP Solution 2025 12.1.02

EstimatesDerived

YearCurrent RatioImplied Profit
20247.20+£50k
20234.91+£80k
20223.44+£90k
20213.92+£8k
20205.17+£27k
20193.77+£30k
20184.64

Derived from filed accounts. Not audited figures.