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Mechanics Trading Ltd

07412073

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

C/O LAW & TAX INTERNATIONAL SOLUTIONS,, LONDON, EC1Y 1AA
Incorporated 19/10/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46720
Wholesale of metals and metal ores

Officers

Ms Frances Ann Gordon

director · Since 27/10/2020

DIRECTOR

BRITISH · ENGLAND · Age 71

Also on 95 other boards

Persons with Significant Control

Mr. Samir Al-Tamimi

Significant control

Russian · Russia · Age 46

C/O Law & Tax International Solutions,, 25 City Road, London, EC1Y 1AA

Notified 20/01/2025

CompanyRankvs 1101+ SIC 46720 peers
36

Financial strength1th percentile among SIC peers · 0/25
Employees24th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0× · 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 strength0/25 pts

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

Employees4/15 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 31/10/2024

Turnover

£16k

Annual revenue

Net Worth

-£211k

Balance sheet strength

Cash

Cash in the bank

Profit Before Tax

-£22k

Bottom line earnings

Net Current Assets

-£21k

Working capital

Current Assets

£2

Current Liabilities

-£21k

Fixed Assets

£681k

Debtors

£2

Gross Profit

£16k

Admin Expenses

£22k

Operating Profit

-£22k

Profit After Tax

-£22k

0avg. employees

Balance Sheet

Assets less current liabilities£660k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.00-£22k
20230.00-£371k
20220.00+£41k
20210.00+£21k
20200.00-£63k
20196.89+£26k
20187.16

Derived from filed accounts. Not audited figures.