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Ark Mep Plc

08785322

active
Public Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

UNIT 12, LOUGHTON, IG10 3FL
Incorporated 21/11/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41201
Construction of commercial buildings

Officers

Alan Stanton

secretary · Since 21/11/2013

Also on 1 other board

Mr Michael Joseph Finlay

director · Since 21/11/2013

DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 8 other boards

Alan Stanton

director · Since 21/11/2013

DIRECTOR

BRITISH · UNITED KINGDOM · Age 82

Also on 1 other board

Mr Andrew John Collinge

director · Since 02/05/2014

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 1 other board

Persons with Significant Control

Mr Michael Joseph Finlay

Significant control

British · England · Age 62

Unit 12, Loughton Business Centre, Loughton, IG10 3FL

Notified 01/11/2016

CompanyRankvs 51130+ SIC 41201 peers
63

Financial strength77th percentile among SIC peers · 19/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.29× · 12/20
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 strength19/25 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.

Liquidity12/20 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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/03/2025

Net Worth

£50k

Balance sheet strength

Cash

£116k

Cash in the bank

Profit Before Tax

£171k

Bottom line earnings

Net Current Assets

£313k

Working capital

Current Assets

£1.4M

Current Liabilities

£1.1M

Fixed Assets

£9k

Debtors

£1.3M

Cost of Sales

£1.9M

Admin Expenses

£356k

Profit After Tax

£123k

10avg. employees

Tax at Year End

Corp tax£63k
Dividends paid£38k

People Costs

Wages & salaries£340k

Balance Sheet

Assets less current liabilities£322k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.29+£0
20241.09+£0
20221.74+£0
20211.62+£0
20201.23+£0
20191.22

Derived from filed accounts. Not audited figures.