Back to search

Mckay Engineering Design Solutions Ltd.

06582175

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

80 HIGHBURY ROAD EAST, LTHAM ST ANNES, FY8 2RW
Incorporated 01/05/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71121
Engineering design activities for industrial process and production

Officers

Mr Ian Mckay

director · Since 01/05/2008

DIRECTOR

BRITISH · ENGLAND · Age 54

Persons with Significant Control

Mr Ian Mckay

75–100% shares

British · England · Age 54

80, Highbury Road East, Ltham St Annes, FY8 2RW

Notified 01/03/2017

CompanyRankvs 5685+ SIC 71121 peers
40

Financial strength10th percentile among SIC peers · 3/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.44× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength3/25 pts

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

Employees5/15 pts

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

Liquidity2/20 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 31/03/2025

Net Worth

-£4k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£4k

Working capital

Current Assets

£3k

Current Liabilities

£6k

1avg. employees

Balance Sheet

Assets less current liabilities-£4k
Signed by Mr Ian McKay 4th July 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.44-£2k
20240.78
20232.86

Derived from filed accounts. Not audited figures.