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Mk Steel And Fabrication Services Limited

08347548

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

8 BRIDGETURN AVENUE, MILTON KEYNES, MK12 5QL
Incorporated 04/01/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr Terry Lee Bird

director · Since 20/03/2013

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 3 other boards

Persons with Significant Control

Mr Terry Lee Bird

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

British · United Kingdom · Age 63

20 Ryeland, Stony Stratford, Milton Keynes, MK11 1DB

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

ALDERMORE INVOICE FINANCE A DIVISION OF ALDERMORE BANK PLC

Created 22/03/2013Registered 27/03/2013Satisfied 14/06/2019

CompanyRankvs 15+ SIC 25990 peers
20

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.21× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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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.

Employees0/15 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.

Longevity13/15 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

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

Going Concern Doubt

at the point of authorising the accounts, and for the foreseeable future, the director has determined that there is no material uncertainty that casts doubt on the entity's ability to continue as a going concern. Therefore, they consider the going concern assumption to still be appropriate. The director acknowledges that given the currently rapidly changing business and social environment, there a

Key FinancialsYear ending 30/11/2021

Net Worth

-£577k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£418k

Working capital

Current Assets

£114k

Current Liabilities

£532k

Fixed Assets

£6k

Debtors

£112k

10avg. employees+1

Balance Sheet

Intangible assets£5k
Bank loans & overdrafts£61k
Assets less current liabilities-£412k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20210.21-£56k
20200.13-£161k
20190.31-£122k
20180.32—

Derived from filed accounts. Not audited figures.