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Mbm Groundworks Limited

10431138

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

109B HIGH STREET, HEMEL HEMPSTEAD, HP1 3AH
Incorporated 17/10/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
42990
Construction of other civil engineering projects

Officers

Mr Billy Terry Meenehan

director · Since 17/10/2016

GROUNDWORK

BRITISH · ENGLAND · Age 33

Also on 2 other boards

Mr Martin Terry Meenehan

director · Since 17/10/2016

GROUNDWORKS

IRISH · ENGLAND · Age 35

Also on 6 other boards

Persons with Significant Control

Mr Martin Terry Meenehan

25–50% shares

Irish · England · Age 35

109b, High Street, Hemel Hempstead, HP1 3AH

Notified 01/10/2021

Mr Billy Terry Meenehan

25–50% shares

British · England · Age 33

109b, High Street, Hemel Hempstead, HP1 3AH

Notified 01/10/2021

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 22/05/2024Registered 22/05/2024
Charge
outstanding

LLOYDS BANK COMMERCIAL FINANCE LIMITED

Created 12/05/2023Registered 16/05/2023

CompanyRankvs 8287+ SIC 41100 peers
65

Financial strength94th percentile among SIC peers · 24/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.27× · 12/20
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 strength24/25 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.

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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

£1.1M

Balance sheet strength

Cash

£637k

Cash in the bank

Net Current Assets

£581k

Working capital

Current Assets

£2.7M

Current Liabilities

£2.1M

Fixed Assets

£1.2M

Debtors

£2.0M

5avg. employees+1

Tax at Year End(2022)

Corp tax£49k

Balance Sheet

Assets less current liabilities£1.8M
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20251.27+£117k
20241.36+£211k
20231.74-£102k
20222.92+£295k
20213.02+£316k
20202.21+£94k
20191.71

Derived from filed accounts. Not audited figures.