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Mmx1 Limited

10399817

active
Private Limited Company
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • 3 outstanding charges (-6)

Details

6 GARTH DRIVE, BRIDGEND, CF31 2AQ
Incorporated 28/09/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mrs Deborah Marcia Smith

director · Since 28/09/2016

TEACHER

WELSH · WALES · Age 62

Also on 2 other boards

Persons with Significant Control

Mr Dean Stephen Smith

Significant control

British · Wales · Age 55

7 Tern Road, Porthcawl, CF36 3TS

Notified 28/09/2016

Mrs Deborah Marcia Smith

25–50% shares

Welsh · Wales · Age 62

6 Garth Drive, Brackla Industrial Estate, Bridgend, CF31 2AQ

Notified 28/09/2016

Charges3 outstanding

Charge
outstanding

PARATUS AMC LIMITED

Created 21/08/2024Registered 02/09/2024
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 29/11/2019Registered 10/12/2019
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 20/11/2018Registered 21/11/2018

CompanyRankvs 169229+ SIC 68209 peers
32

Financial strength60th percentile among SIC peers · 15/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.16× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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169229Mmx1 Limited
41
How is this score calculated?
Financial strength15/25 pts

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

Employees0/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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 30/09/2024

Net Worth

£11k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£38k

Working capital

Current Assets

£7k

Current Liabilities

£45k

Fixed Assets

£50k

Balance Sheet

Assets less current liabilities£12k
Signed by Mr Dean Smith 26/11/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.16-£6k
20231.74+£4k
20220.16+£4k
20210.16—

Derived from filed accounts. Not audited figures.