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M&C Developments Ne Ltd.

10238997

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)
  • Negative net worth (-10)

Details

40 WARTON TERRACE, NEWCASTLE UPON TYNE, NE6 5LS
Incorporated 20/06/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41201
Construction of commercial buildings
41202
Construction of domestic buildings

Officers

Mr Christopher Paton

director · Since 20/06/2016

PROPERTY DEVELOPER

BRITISH · ENGLAND · Age 41

Also on 16 other boards

Persons with Significant Control

Former PSCs

Mr Christopher Paton

Ceased 19/06/2017

Mrher Christop Paton

Ceased 19/06/2017

CompanyRankvs 9734+ SIC 41201 peers
60

Financial strength3th percentile among SIC peers · 1/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.44× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees14/15 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.

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.

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

Key FinancialsYear ending 30/11/2024

Net Worth

-£69k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

£210k

Working capital

Current Assets

£356k

Current Liabilities

£146k

Fixed Assets

£18

Debtors

£350k

6avg. employees

Tax at Year End(2023)

VAT£460

Balance Sheet

Bank loans & overdrafts£29k
Assets less current liabilities£210k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20242.44+£625
20231.67+£15k£9k
20221.09-£13k
20211.03-£93k£29k
20202.03+£30k
20190.95-£11k
20181.17

Derived from filed accounts. Not audited figures.