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Mowbray Leather Goods Ltd

07817097

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

CHARNWOOD HOUSE, MERIDIAN BUSINESS PARK, LE19 1WP
Incorporated 20/10/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

15120
Manufacture of luggage, handbags and the like, saddlery and harness

Officers

Mr Minh Phan

director · Since 01/09/2012

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 1 other board

Persons with Significant Control

Mlg Group Limited

75–100% shares
75–100% votes
Appoint directors

Charnwood House, Harcourt Way, Leicester, LE19 1WP

Reg: 11103157 · England & Wales · Limited Company

Notified 10/01/2018

Former PSCs

Mr Minh Phan

Ceased 10/01/2018

Charges1 outstanding

charge
satisfied

ALDERMORE INVOICE FINANCE, A DIVISION OF ALDERMORE BANK PLC

Created 25/01/2013Registered 04/02/2013Satisfied 22/08/2019
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 24/07/2012Registered 04/08/2012
charge
satisfied

LEICESTER REAL PROPERTY COMPANY LIMITED

Created 08/11/2011Registered 24/11/2011Satisfied 22/08/2019

CompanyRankvs 36+ SIC 15120 peers
78

Financial strength94th percentile among SIC peers · 24/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.76× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

£204k

Balance sheet strength

Cash

£41k

Cash in the bank

Net Current Assets

£172k

Working capital

Current Assets

£269k

Current Liabilities

£98k

Fixed Assets

£37k

Debtors

£216k

11avg. employees

Balance Sheet

Assets less current liabilities£209k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.76-£19k
20232.65-£75k
20214.59-£57k
20204.68-£57k
20194.88+£2k
20185.72

Derived from filed accounts. Not audited figures.