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M K Lally Ltd

10302146

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

ACCOUNTANCY SOLUTIONS, OFFICE 5 MANSFIELD BUSINESS CENTRE, MANSFIELD, NG18 2AE
Incorporated 29/07/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47190
Other retail sale in non-specialised stores

Officers

Mrs Kulwinder Kaur

director · Since 29/07/2016

DIRECTOR

ENGLISH · ENGLAND · Age 69

Mr Malkit Singh

director · Since 29/07/2016

DIRECTOR

ENGLISH · ENGLAND · Age 66

Persons with Significant Control

Mr Malkit Singh

Significant control

English · England · Age 66

Accountancy Solutions, Office 5, Mansfield Business Centre, Mansfield, NG18 2AE

Notified 29/07/2016

Mrs Kulwinder Kaur

Significant control

English · England · Age 69

Accountancy Solutions, Office 5, Mansfield Business Centre, Mansfield, NG18 2AE

Notified 29/07/2016

CompanyRankvs 1795+ SIC 47190 peers
78

Financial strength89th percentile among SIC peers · 22/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 2.34× · 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 strength22/25 pts

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

Employees11/15 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 31/08/2025

Net Worth

£95k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£85k

Working capital

Current Assets

£149k

Current Liabilities

£64k

Fixed Assets

£10k

3avg. employees

Balance Sheet

Assets less current liabilities£95k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20252.34+£87k
20242.61+£4k
20237.54-£28k
202214.06+£606
20217.35—

Derived from filed accounts. Not audited figures.