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Mcs Engineering (Colchester) Ltd

06605397

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

1 SECOND AVENUE, HALSTEAD, CO9 2SU
Incorporated 29/05/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Sally Ann Carey

secretary · Since 29/05/2008

Jon Francis Carey

director · Since 29/05/2008

UNEMPLOYED

BRITISH · UNITED KINGDOM · Age 37

Lee William Carey

director · Since 29/05/2008

UNEMPLOYED

BRITISH · UNITED KINGDOM · Age 40

Michael Raymond Edward Carey

director · Since 29/05/2008

ENGINEER

BRITISH · UNITED KINGDOM · Age 73

Persons with Significant Control

Mr Michael Raymond Edward Carey

75–100% shares

British · England · Age 73

1, Second Avenue, Halstead, CO9 2SU

Notified 29/05/2017

CompanyRankvs 14829+ SIC 71129 peers
46

Financial strength3th percentile among SIC peers · 1/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.14× · 2/20
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 strength1/25 pts

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

Employees13/15 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 31/05/2025

Net Worth

-£41k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£47k

Working capital

Current Assets

£8k

Current Liabilities

£55k

Fixed Assets

£20k

4avg. employees

Balance Sheet

Assets less current liabilities-£27k
Prepared with BTCSoftware AP Solution 2025 12.2.02

EstimatesDerived

YearCurrent RatioImplied Profit
20250.14+£0
20250.14-£22k
20240.60-£16k
20230.87

Derived from filed accounts. Not audited figures.