Madd Gear Uk Limited
07355585
Some Concerns
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 11/02/2026
Due 25/02/2027
Industry
Officers
director · Since 01/10/2011
DIRECTOR
BRITISH · UNITED KINGDOM · Age 55
Also on 4 other boards
Persons with Significant Control
Mr Richard James Birchwood
British · United Kingdom · Age 55
Hanover, Buildings, Liverpool, L1 3DN
Notified 06/04/2016
Charges1 outstanding
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 2360+ SIC 93120 peers42
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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
of the entity. These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going
Key FinancialsYear ending 31/12/2024
Net Worth
£96k
Balance sheet strength
Cash
£264k
Cash in the bank
Net Current Assets
£92k
Working capital
Current Assets
£366k
Current Liabilities
£274k
Fixed Assets
£4k
Debtors
£103k
Tax at Year End(2022)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | 1.34 | -£108k | — |
| 2023 | 1.79 | -£78k | — |
| 2022 | 2.15 | -£67k | — |
| 2021 | 2.45 | +£11k | £192k |
| 2020 | 2.51 | +£10k | £192k |
| 2019 | 3.06 | +£3k | — |
| 2018 | 3.21 | — | — |
Derived from filed accounts. Not audited figures.