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Phase 1 Mcs Limited

07123791

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

UNIT 1,, FARNHAM, GU9 9NN
Incorporated 13/01/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45400
Sale, maintenance and repair of motorcycles and related parts and accessories

Officers

Mr Neil Colin Foster

director · Since 13/01/2010

NONE

BRITISH · ENGLAND · Age 58

Also on 7 other boards

Persons with Significant Control

4th Dimension Innovation Limited

75–100% shares

5, Alpha Way, Egham, TW20 8RZ

Notified 06/04/2016

Former PSCs

Mr Neil Colin Foster

Ceased 16/04/2016

Charges1 outstanding

Charge
outstanding

SECURE TRUST BANK PLC

Created 27/06/2022Registered 29/06/2022

CompanyRankvs 1829+ SIC 45400 peers
21

Financial strength0th percentile among SIC peers · 0/25
Employees35th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.55× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
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1829Phase 1 Mcs Limited
37
How is this score calculated?
Financial strength0/25 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.

Liquidity6/20 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

months from the approval of these financial statements. Based on the existing cash position and the forecasts, management concludes that there is no material uncertainty associated with the going concern and they continue to adopt the going concern basis for preparing financial statements. Disclosure of information to the auditors The director has taken steps that he ought to have taken as

Key FinancialsYear ending 31/03/2025

Net Worth

-£1.0M

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£1.0M

Working capital

Current Assets

£1.3M

Current Liabilities

£2.3M

Debtors

£1.3M

1avg. employees-2

Balance Sheet

Intangible assets£24
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20250.55+£105k
20240.35-£380k
20230.02-£93k
20220.19-£85k
20210.90-£54k
202033.33-£26k
201991.05—

Derived from filed accounts. Not audited figures.