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Molson Equipment Services Ltd

06378361

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
10/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 17 outstanding charges (-10)

Details

SMOKE LANE INDUSTRIAL ESTATE, BRISTOL, BS11 0YA
Incorporated 21/09/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46630
Wholesale of mining, construction and civil engineering machinery

Officers

Mr Andrew John Marsh

secretary · Since 21/09/2007

BRITISH · ENGLAND · Age 60

Also on 21 other boards

Mr Robin Nicholas Powell

director · Since 15/03/2008

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 31 other boards

Mr Jason Lee Powles

director · Since 17/07/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 24 other boards

Persons with Significant Control

Molson Group Limited

75–100% shares

Unit 4, Smoke Lane, Bristol, BS11 0YA

Reg: 06378350 · Companies House · Limited Company

Notified 21/09/2016

Charges17 outstanding

Charge
outstanding

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CompanyRankvs 35+ SIC 46630 peers
62

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.01× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 pts

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

Liquidity12/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 30/09/2024

Turnover

£186.2M

Annual revenue

Net Worth

£17.5M

Balance sheet strength

Cash

£992k

Cash in the bank

Profit Before Tax

-£2.9M

Bottom line earnings

Net Current Assets

£1.8M

Working capital

Current Assets

£156.1M

Current Liabilities

£154.3M

Fixed Assets

£18.4M

Debtors

£61.3M

Cost of Sales

£169.9M

Gross Profit

£16.3M

Admin Expenses

£16.3M

Operating Profit

£27k

Profit After Tax

-£1.6M

260avg. employees

Tax at Year End(2023)

Corp tax£254k

People Costs

Wages & salaries£12.6M
NI contributions£1.4M

Balance Sheet

Intangible assets£8.1M
Assets less current liabilities£20.2M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20241.01-£1.6M
20231.06+£1.8M
20221.07+£5.1M
20211.04+£4.1M
20201.02

Derived from filed accounts. Not audited figures.