Phase 1 Mcs Limited
07123791
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/03/2025
small
Next accounts due
31/12/2026
Confirmation statement
Last: 01/04/2026
Due 15/04/2027
Industry
Officers
Former
director · Resigned 13/01/2010
Persons with Significant Control
4th Dimension Innovation Limited
5, Alpha Way, Egham, TW20 8RZ
Notified 06/04/2016
Former PSCs
Mr Neil Colin Foster
Ceased 16/04/2016
Charges1 outstanding
SECURE TRUST BANK PLC
Change History
Active
Private Limited Company
UNIT 1,
FARNHAM
45400
CompanyRankvs 1793+ SIC 45400 peers21
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.55 | +£105k |
| 2024 | 0.35 | -£380k |
| 2023 | 0.02 | — |
Derived from filed accounts. Not audited figures.