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Melco Products Ltd

09870783

active
Private Limited Company
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

ADMIRAL WORKS, SHEFFIELD, S6 2DQ
Incorporated 13/11/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45310
Wholesale trade of motor vehicle parts and accessories

Officers

Mr Carl Thomas Meldrum

director · Since 13/11/2015

DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 2 other boards

Mr Neil Bernard Meldrum

director · Since 13/11/2015

DIRECTOR

BRITISH · ENGLAND · Age 67

Also on 2 other boards

Persons with Significant Control

Mr Carl Thomas Meldrum

25–50% shares

British · England · Age 64

Admiral Works, 6 Lowther Road, Sheffield, S6 2DQ

Notified 06/04/2016

Mr Neil Bernard Meldrum

25–50% shares

British · England · Age 67

Admiral Works, 6 Lowther Road, Sheffield, S6 2DQ

Notified 06/04/2016

CompanyRankvs 724+ SIC 45310 peers
76

Financial strength73th percentile among SIC peers · 18/25
Employees79th percentile among SIC peers · 12/15
LiquidityCurrent ratio 2.89× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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724Melco Products Ltd
75
How is this score calculated?
Financial strength18/25 pts

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

Employees12/15 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 31/12/2024

Net Worth

£92k

Balance sheet strength

Cash

£16k

Cash in the bank

Net Current Assets

£87k

Working capital

Current Assets

£134k

Current Liabilities

£46k

Fixed Assets

£5k

Debtors

£69k

5avg. employees

Balance Sheet

Assets less current liabilities£93k
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20242.89+£10k
20233.02—

Derived from filed accounts. Not audited figures.