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Mcrail Constructions Limited

07981946

active
Private Limited Company
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

CANAL WHARF, GREENFORD, UB6 7PH
Incorporated 08/03/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

42990
Construction of other civil engineering projects

Officers

Mr Damien Kevin Mcloughlin

director · Since 08/03/2012

DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 3 other boards

Mr Patrick Oliver Mcnally

director · Since 08/03/2012

DIRECTOR

IRISH · UNITED KINGDOM · Age 50

Also on 3 other boards

Persons with Significant Control

Cuig Group Holdings Limited

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

Canal Wharf,, Horsenden Lane North, Greenford, UB6 7PH

Reg: 07981272 · England And Wales · Limited Company

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

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outstanding

LLOYDS BANK COMMERCIAL FINANCE LTD

Created 04/02/2015Registered 10/02/2015
charge
satisfied

BARCLAYS BANK PLC

Created 11/10/2012Registered 19/10/2012Satisfied 29/05/2014

CompanyRankvs 395+ SIC 42990 peers
67

Financial strength99th percentile among SIC peers · 25/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 2.32× · 20/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees13/15 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.

Longevity14/15 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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/03/2025

Turnover

£30.4M

Annual revenue

Net Worth

£5.0M

Balance sheet strength

Cash

£1.4M

Cash in the bank

Profit Before Tax

£1.2M

Bottom line earnings

Net Current Assets

£4.6M

Working capital

Current Assets

£8.2M

Current Liabilities

£3.5M

Fixed Assets

£539k

Debtors

£6.7M

Cost of Sales

£26.6M

Gross Profit

£3.8M

Admin Expenses

£2.6M

Operating Profit

£1.2M

Profit After Tax

£895k

5avg. employees

Tax at Year End

Corp tax£281k
Dividends paid£181k

People Costs

Wages & salaries£366k

Balance Sheet

Bank loans & overdrafts£141k
Assets less current liabilities£5.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.32+£714k
20242.02+£515k
20232.12+£332k
20221.55+£455k
20211.56+£618k
20201.44+£905k
20191.32

Derived from filed accounts. Not audited figures.