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Multi Trades Recruitment Ltd

08102215

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 10A, EAGLEY HOUSE, DEAKINS BUSINESS PARK BLACKBURN ROAD, BOLTON, BL7 9RP
Incorporated 12/06/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

78200
Temporary employment agency activities

Officers

Mr Adam Palin

director · Since 18/06/2014

RECRUITMENT

BRITISH · ENGLAND · Age 39

Also on 4 other boards

Mr Michael Heyes

director · Since 31/10/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 39

Also on 5 other boards

Mr Anthony James Stringfellow

director · Since 31/10/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 36

Also on 3 other boards

Persons with Significant Control

Multi Trade Holding Limited

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

Unit 10a Eagley House, Deakins Business Park, Bolton, BL7 9RP

Reg: 13311032 · Companies House · Limited Company

Notified 31/10/2022

Former PSCs

Mr Adam William Palin

Ceased 31/10/2022

Charges1 outstanding

Charge
outstanding

CYNERGY BUSINESS FINANCE LIMITED

Created 22/11/2022Registered 23/11/2022
Charge
satisfied

CLOSE BROTHERS LIMITED (THE “SECURITY TRUSTEE�)

Created 06/09/2021Registered 08/09/2021Satisfied 16/12/2022
Charge
satisfied

BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)

Created 06/12/2019Registered 10/12/2019Satisfied 18/11/2022
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 25/07/2012Registered 30/07/2012Satisfied 09/02/2021

CompanyRankvs 8537+ SIC 78200 peers
40

Financial strength3th percentile among SIC peers · 1/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.95× · 6/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 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.

Liquidity6/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

-£90k

Balance sheet strength

Cash

£137k

Cash in the bank

Net Current Assets

-£92k

Working capital

Current Assets

£1.8M

Current Liabilities

£1.9M

Fixed Assets

£3k

Debtors

£1.7M

32avg. employees+8

Tax at Year End

Corp tax£127k

Balance Sheet

Assets less current liabilities-£89k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.95
20243.52
20231.69+£399k
20221.00
20211.01
20200.62
20191.02

Derived from filed accounts. Not audited figures.