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Mahi Constructions Limited

08697741

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

453 CRANBROOK ROAD, ILFORD, IG2 6EW
Incorporated 19/09/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Vinod Patel

director · Since 19/09/2013

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 2 other boards

Persons with Significant Control

Mr Vinod Patel

75–100% shares

British · England · Age 45

453, Cranbrook Road, Ilford, IG2 6EW

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

MANGO MERCANTILE LIMITED

Created 16/05/2017Registered 16/05/2017

CompanyRankvs 3796+ SIC 41100 peers
71

Financial strength91th percentile among SIC peers · 23/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 3.2× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 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.

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.

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

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

£579k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

£581k

Working capital

Current Assets

£844k

Current Liabilities

£263k

Fixed Assets

£3k

Debtors

£821k

2avg. employees+1

Balance Sheet

Assets less current liabilities£584k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20243.20+£99k
20232.29+£286k
20211.80+£189k
20201.16+£15k
20191.44
20181.76

Derived from filed accounts. Not audited figures.