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C Mcelchare Ltd

08697920

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

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

Details

5 HAROLD STREET, WIGAN, WN2 1YU
Incorporated 19/09/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49410
Freight transport by road

Officers

Mr Patrick Christopher Mcelchare

director · Since 19/09/2013

DIRECTOR

IRISH · UNITED KINGDOM · Age 42

Persons with Significant Control

Mr Christopher Mcelchare

75–100% shares

Northern Irish · United Kingdom · Age 42

117, St. Marys Road, Wigan, WN2 1SY

Notified 19/09/2016

Former PSCs

Mr Christopher Mcelchare

Ceased 25/06/2026

Charges1 outstanding

Charge
outstanding

BIBBY FINANCIAL SERVICES LIMITED

Created 26/04/2022Registered 27/04/2022
Charge
satisfied

BARCLAYS BANK PLC

Created 30/01/2017Registered 31/01/2017Satisfied 07/04/2022

CompanyRankvs 8723+ SIC 49410 peers
60

Financial strength89th percentile among SIC peers · 22/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.77× · 6/20
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 strength22/25 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.

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 31/03/2025

Net Worth

£110k

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

-£91k

Working capital

Current Assets

£314k

Current Liabilities

£405k

Fixed Assets

£376k

Debtors

£143k

9avg. employees

Balance Sheet

Assets less current liabilities£285k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.77+£175
20240.83+£498
20230.81

Derived from filed accounts. Not audited figures.