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Mai Construction Ltd

08425498

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

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

Details

54/56 HIGH LANE, MANCHESTER, M21 9DZ
Incorporated 01/03/2013

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 03/03/2026

Due 17/03/2027

On track

Industry

41100
Development of building projects
41201
Construction of commercial buildings
41202
Construction of domestic buildings

Officers

Mr Ibraheem Hameed Hadi Al-Bayati

secretary · Since 26/03/2014

Also on 6 other boards

Mr Ibraheem Hameed Hadi Al-Bayati

director · Since 27/03/2014

DIRECTOR

BRITISH · ENGLAND · Age 36

Also on 6 other boards

Mariam Al-Bayati

director · Since 27/07/2018

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 40

Persons with Significant Control

Mariam Al-Bayati

25–50% shares
25–50% votes

British · United Kingdom · Age 40

15, St. Brannocks Road, Manchester, M21 0UP

Notified 06/04/2016

Mr Ibraheem Hameed Hadi Al-Bayati

25–50% shares
25–50% votes

British · England · Age 36

54/56, High Lane, Manchester, M21 9DZ

Notified 01/03/2017

CompanyRankvs 49824+ SIC 41100 peers
46

Financial strength9th percentile among SIC peers · 2/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.93× · 6/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees10/15 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.

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.

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

-£40k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£34k

Working capital

Current Assets

£488k

Current Liabilities

£522k

Fixed Assets

£1k

2avg. employees-1

Balance Sheet

Assets less current liabilities-£33k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.93-£43k
20231.07-£11k
20220.42-£2k
20210.92+£14k
20200.87+£783
20191.13

Derived from filed accounts. Not audited figures.