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M62 Services Limited

09540709

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

19 PENLANDS LAWN, LEEDS, LS15 9DJ
Incorporated 14/04/2015

Compliance

Last accounts

29/11/2024

micro entity

Next accounts due

29/08/2026

On track

Confirmation statement

Last: 14/04/2025

Due 28/04/2026

Overdue

Industry

47750
Retail sale of cosmetic and toilet articles in specialised stores

Officers

Mr Michael David Garside

director · Since 14/04/2015

DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 1 other board

Persons with Significant Control

Mr Michael David Garside

75–100% shares

British · England · Age 63

19 Penlands Lawn, Colton, Leeds, LS15 9DJ

Notified 06/04/2016

CompanyRankvs 268+ SIC 47750 peers
78

Financial strength94th percentile among SIC peers · 24/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 22.27× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees8/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity11/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 29/11/2024

Net Worth

£139k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£139k

Working capital

Current Assets

£146k

Current Liabilities

£7k

1avg. employees

Tax at Year End(2021)

Corp tax£3k
VAT£742

Director Loans(2021)

Company owes directors£1k

Balance Sheet

Assets less current liabilities£139k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
202422.27+£16k
202311.28+£17k
202219.72+£13k
202117.10+£10k£15k
202012.26+£17k£16k
20199.45+£19k£23k
20186.41£17k

Derived from filed accounts. Not audited figures.