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Mw Gears Limited

10322510

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

ISLAND WORKS 62 BAYTON ROAD INDUSTRIAL ESTATE, COVENTRY, CV7 9EL
Incorporated 10/08/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25620
Machining

Officers

Mr Mark Wilson

director · Since 10/08/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 2 other boards

Persons with Significant Control

Mr Mark Wilson

75–100% shares
75–100% votes

British · United Kingdom · Age 59

Island Works, 62 Bayton Road Industrial Estate, Coventry, CV7 9EL

Notified 10/08/2016

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 22/12/2016Registered 29/12/2016

CompanyRankvs 943+ SIC 25620 peers
57

Financial strength70th percentile among SIC peers · 18/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 2.22× · 20/20
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 strength18/25 pts

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

Employees4/15 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.

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 31/12/2025

Net Worth

£322k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£17k

Working capital

Current Assets

£31k

Current Liabilities

£14k

Fixed Assets

£305k

1avg. employees

Balance Sheet

Assets less current liabilities£322k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.22+£10k
20241.30+£18k
20231.58+£28k
20220.33+£54k
20210.13+£46k
20200.39+£49k
20190.28+£52k
20180.23

Derived from filed accounts. Not audited figures.