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Md Remedial Contractors Limited

10338695

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

2 SHORE LINES BUILDING, BIRKENHEAD, CH41 1AU
Incorporated 19/08/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74990
Non-trading company

Officers

Mr David Philip Swigciski

director · Since 18/06/2025

MANAGING DIRECTOR

BRITISH · SCOTLAND · Age 54

Also on 7 other boards

Persons with Significant Control

Md Insurance Services Limited

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

2 Shores Lines Building, Shore Road, Birkenhead, CH41 1AU

Reg: 03642459 · Companies House · Private Limited Company

Notified 01/04/2022

Former PSCs

Mrs Bernadette Mary Devaney

Ceased 01/04/2022

Mr Gary James Devaney

Ceased 01/04/2022

CompanyRankvs 2996+ SIC 74990 peers
56

Financial strength57th percentile among SIC peers · 14/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.27× · 12/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength14/25 pts

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

Employees15/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d

Key FinancialsYear ending 31/12/2021

Turnover

£557k

Annual revenue

Net Worth

£80

Balance sheet strength

Cash

£133k

Cash in the bank

Profit Before Tax

£30k

Bottom line earnings

Net Current Assets

£330k

Working capital

Current Assets

£1.5M

Current Liabilities

£1.2M

Fixed Assets

£1k

Debtors

£1.4M

Admin Expenses

£526k

Operating Profit

£31k

Profit After Tax

£30k

6avg. employees

Balance Sheet

Assets less current liabilities£331k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20211.27
20202.40
201910.17
20180.14

Derived from filed accounts. Not audited figures.