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Mandaco 516 Limited

06235312

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

38 STANDARD WAY, FAREHAM, PO16 8XG
Incorporated 02/05/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

27400
Manufacture of electric lighting equipment

Officers

Mr Lee Joseph Chapman

director · Since 10/12/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 34

Also on 2 other boards

Katie Anne Davis

director · Since 10/12/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 35

Persons with Significant Control

Wirefield Holdings Limited

75–100% shares
75–100% votes

38, Standard Way, Fareham, PO16 8XG

Reg: 13694362 · Companies House · Limited Company

Notified 10/12/2021

Former PSCs

Mr John Henry Macleod

Ceased 10/12/2021

Charges1 outstanding

Charge
satisfied

THINCATS LOAN SYNDICATES LIMITED

Created 28/07/2015Registered 29/07/2015Satisfied 09/10/2018
charge
outstanding

HSBC BANK PLC

Created 07/01/2013Registered 09/01/2013

CompanyRankvs 501+ SIC 27400 peers
35

Financial strength42th percentile among SIC peers · 11/25
Employees24th percentile among SIC peers · 4/15
LiquidityNo balance sheet data · 0/20
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 strength11/25 pts

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

Employees4/15 pts

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

Liquidity0/20 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

£200

Balance sheet strength

Cash

£200

Cash in the bank

Net Current Assets

-£750k

Working capital

Current Assets

Current Liabilities

£750k

0avg. employees

Balance Sheet

Assets less current liabilities£1.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearImplied Profit
2022+£341k
2021+£257k
2020-£97k
2019+£140k
2018+£490k

Derived from filed accounts. Not audited figures.