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Master Removers Group Limited

09243396

active
Private Limited Company
england wales
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

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

Compliance

Last accounts

30/09/2024

medium

Next accounts due

28/06/2026

On track

Confirmation statement

Last: 01/10/2025

Due 15/10/2026

On track

Industry

49420
Removal services

Officers

Mr Charles Adrian Simon Rickards

director · Since 26/11/2014

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 26 other boards

Mr Anthony Christian Ward-Thomas

director · Since 26/11/2014

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 4 other boards

Mr Joseph Kok

secretary · Since 09/08/2017

Persons with Significant Control

Master Removers Group 2019 Ltd

75–100% shares
75–100% votes
Appoint directors

141, Acton Lane, London, NW10 7PB

Reg: 11800346 · England · Limited Company

Notified 06/06/2019

Former PSCs

Mr Anthony Christian Ward Thomas

Ceased 06/06/2019

Charges2 outstanding

Charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 05/05/2016Registered 11/05/2016
Charge
satisfied

CHARLES RICKARDS AS SECURITY AGENT

Created 31/07/2015Registered 07/08/2015Satisfied 29/01/2016
Charge
satisfied

CHARLES RICKARDS

Created 09/12/2014Registered 13/12/2014Satisfied 29/01/2016
Charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 09/12/2014Registered 12/12/2014
Charge
satisfied

MOBEUS EQUITY PARTNERS LLP (AS SECURITY AGENT)

Created 09/12/2014Registered 11/12/2014Satisfied 29/01/2016

CompanyRankvs 583+ SIC 49420 peers
52

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 -10Outstanding charges -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

Outstanding charges: -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-£982k
20220.41-£815k
20210.44-£749k
20200.50-£680k
20190.46

Derived from filed accounts. Not audited figures.