M J Wright Limited
08823946
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Michael John Wright
British · United Kingdom · Age 80
Springbank House, 20 Spring Road, Clacton-On-Sea, CO16 8RP
Notified 23/12/2016
CompanyRankvs 7773+ SIC 69102 peers35
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
-£10k
Balance sheet strength
Cash
£10
Cash in the bank
Net Current Assets
-£10k
Working capital
Current Assets
£159
Current Liabilities
£10k
Debtors
£149
Tax at Year End
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | 0.02 | -£15 | £27k |
| 2023 | 0.06 | — | £24k |
Derived from filed accounts. Not audited figures.