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Synpower Merchant Services Limited

09948648

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

UNIT 2 -3 STATION ROAD, CREWE, CW4 8AA
Incorporated 13/01/2016

Compliance

Last accounts

31/10/2022

total exemption full

Next accounts due

31/07/2024

Overdue

Confirmation statement

Last: 12/01/2024

Due 26/01/2025

Overdue

Industry

96090
Other personal service activities

Officers

Mr Davendar Meseck

director · Since 13/01/2016

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 22 other boards

Persons with Significant Control

Mr Davendar Meseck

75–100% shares

British · England · Age 60

Unit 2 -3, Station Road, Crewe, CW4 8AA

Notified 03/04/2024

Former PSCs

Davendar Meseck

Ceased 03/04/2024

Insolvency History1 case

compulsory liquidation24/04/2024

The Official Receiver Or Newcastle (practitioner)

CompanyRankvs 15+ SIC 96090 peers
28

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.41× · 12/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 pts

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

Liquidity12/20 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.

Risk deductions

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/10/2022

Net Worth

£301k

Balance sheet strength

Cash

£491

Cash in the bank

Net Current Assets

£336k

Working capital

Current Assets

£1.2M

Current Liabilities

£827k

Fixed Assets

£656

Debtors

£1.2M

0avg. employees-2

Balance Sheet

Assets less current liabilities£337k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20221.41+£12k
20211.37

Derived from filed accounts. Not audited figures.