M60 Tool Hire Ltd
09367926
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Wayne Pitt
British · England · Age 64
Unit 1, High Street, Droylsden, M43 7AF
Notified 02/04/2024
Former PSCs
Mr Wayne Pitt
Ceased 26/05/2021
Ms Chloe Rebecca Phillips
Ceased 02/04/2024
CompanyRankvs 89316+ SIC 96090 peers32
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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
-£14k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£58k
Working capital
Current Assets
£12k
Current Liabilities
£70k
Fixed Assets
£62k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.17 | +£9k |
| 2023 | 0.25 | +£19k |
| 2022 | 0.10 | -£66k |
Derived from filed accounts. Not audited figures.