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Mark 2 Bikes Ltd

10237339

active - proposal to strike off
Private Limited Company
england wales
Companies House
Health Score
N/A

Details

1 HUNTING GATE, ANDOVER, SP10 3SJ
Incorporated 17/06/2016

Compliance

Last accounts

30/06/2022

total exemption full

Next accounts due

31/03/2024

Overdue

Confirmation statement

Last: 16/06/2023

Due 30/06/2024

Overdue

Industry

46690
Wholesale of other machinery and equipment

Officers

Mr Edward Pryce Thomas

director · Since 05/06/2020

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Also on 4 other boards

Persons with Significant Control

Mr Edward Pryce Thomas

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 65

1, Hunting Gate, Andover, SP10 3SJ

Notified 12/06/2020

Former PSCs

Mr Andrew Elliot

Ceased 12/06/2020

Charges2 outstanding

Charge
outstanding

BEESEN FINANCIAL RESEARCH LIMITED

Created 27/05/2022Registered 16/06/2022
Charge
outstanding

SENECA TRADE PARTNERS LTD

Created 24/11/2020Registered 26/11/2020
Charge
satisfied

FIBR CAPITAL LIMITED

Created 16/11/2020Registered 17/11/2020Satisfied 04/12/2020

CompanyRankvs 2208+ SIC 46690 peers
40

Financial strength10th percentile among SIC peers · 3/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 1.43× · 12/20
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 strength3/25 pts

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

Employees10/15 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.

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 30/06/2022

Net Worth

-£11k

Balance sheet strength

Cash

£650

Cash in the bank

Net Current Assets

-£41k

Working capital

Current Assets

£464k

Current Liabilities

£324k

Fixed Assets

£30k

Debtors

£195k

3avg. employees

Tax at Year End(2021)

VAT£6k

Director Loans(2021)

Company owes directors£52k

Balance Sheet

Intangible assets£3k
Assets less current liabilities-£11k

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20221.43+£20k
20210.81-£276k£115k
20204.24+£445k
20197.68-£92k
20185.53

Derived from filed accounts. Not audited figures.