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Master Removers Group Limited

09243396

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

141 ACTON LANE, LONDON, NW10 7PB
Incorporated 01/10/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49420
Removal services

Officers

Joseph Kok

secretary · Since 09/08/2017

Charles Adrian Simon Rickards

director · Since 26/11/2014

British

Anthony Christian Ward-Thomas

director · Since 26/11/2014

British

Former

Richard Anthony Babington

director · Resigned 05/07/2021

Richard Anthony Babington

director · Resigned 26/11/2014

Timothy Bloch

director · Resigned 06/05/2026

CompanyRankvs 7400+ SIC 49420 peers
62

Financial strength100th percentile among SIC peers · 25/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.65× · 6/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 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.

Longevity12/15 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 going co

Key FinancialsYear ending 30/09/2024

Turnover

£1.0M

Annual revenue

Net Worth

£20.0M

Balance sheet strength

Cash

£30k

Cash in the bank

Profit Before Tax

£21.3M

Bottom line earnings

Net Current Assets

-£4.0M

Working capital

Current Assets

£7.3M

Current Liabilities

£11.3M

Fixed Assets

£24.2M

Debtors

£7.2M

Cost of Sales

£521k

Gross Profit

£527k

Admin Expenses

£2.8M

Operating Profit

-£684k

Profit After Tax

£21.3M

12avg. employees-2

Tax at Year End

Dividends paid£12.2M

People Costs

Wages & salaries£592k
NI contributions£64k

Balance Sheet

Assets less current liabilities£20.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.65+£9.1M
20230.28

Derived from filed accounts. Not audited figures.