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M & B Engineering (Leicester) Limited

10022727

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

11TH FLOOR 1, BIRMINGHAM, B2 5LG
Incorporated 24/02/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25620
Machining

Officers

Mr Richard Gregg

director · Since 24/02/2016

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 6 other boards

Mr John Nicholas Gorensweigh

director · Since 25/02/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 20 other boards

Persons with Significant Control

Mr John Nicholas Gorensweigh

25–50% shares
ownership-of-shares-25-to-50-percent-as-firm
25–50% votes
Significant control

British · United Kingdom · Age 62

Avocet House, Bittern Way, Boston, PE21 7NX

Notified 08/07/2016

Mr Richard Gregg

25–50% shares
ownership-of-shares-25-to-50-percent-as-firm
25–50% votes
Significant control

British · England · Age 57

Unit D1, Blaby Industrial Park, Winchester Avenue, Leicester, LE8 4GZ

Notified 08/07/2016

Charges1 outstanding

Charge
outstanding

BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)

Created 26/04/2018Registered 26/04/2018
Charge
satisfied

HSBC BANK PLC

Created 02/11/2016Registered 02/11/2016Satisfied 13/08/2018
Charge
satisfied

M & B PRECISION ENGINEERING (LEICESTER) LIMITED

Created 29/03/2016Registered 13/04/2016Satisfied 08/07/2016

CompanyRankvs 15+ SIC 25620 peers
21

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.78× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -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.

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.

Longevity10/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2023

Net Worth

£100k

Balance sheet strength

Cash

£645

Cash in the bank

Net Current Assets

-£242k

Working capital

Current Assets

£882k

Current Liabilities

£1.1M

Fixed Assets

£524k

Debtors

£570k

13avg. employees+2

Balance Sheet

Assets less current liabilities£282k
Prepared with Sage Accounts Production Advanced 2021 - FRS102_2021

EstimatesDerived

YearCurrent RatioImplied Profit
20230.78+£21k
20220.79+£45k
20210.65+£29k
20200.53-£57k
20190.70—

Derived from filed accounts. Not audited figures.