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Mac Assets Limited

10449369

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)
  • Loss before tax (-10)
  • 3 outstanding charges (-6)

Details

21 KENSINGTON GARDENS, ILFORD, IG1 3EJ
Incorporated 27/10/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Amit Patel

director · Since 27/10/2016

BUSINESSMAN

BRITISH · UNITED KINGDOM · Age 38

Also on 1 other board

Mr Minesh Patel

director · Since 27/10/2016

BUSINESSMAN

BRITISH · UNITED KINGDOM · Age 39

Also on 1 other board

Persons with Significant Control

Mr Minesh Patel

Significant control

British · United Kingdom · Age 39

21 Kensington Gardens, Ilford, IG1 3EJ

Notified 27/10/2016

Mr Amit Patel

Significant control

British · United Kingdom · Age 38

21 Kensington Gardens, Ilford, IG1 3EJ

Notified 27/10/2016

Charges3 outstanding

Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 31/03/2021Registered 13/04/2021
Charge
outstanding

LLOYDS BANK PLC

Created 10/11/2017Registered 13/11/2017
Charge
outstanding

LLOYDS BANK PLC

Created 09/11/2017Registered 09/11/2017

CompanyRankvs 161537+ SIC 68209 peers
33

Financial strength53th percentile among SIC peers · 13/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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161537Mac Assets Limited
42
How is this score calculated?
Financial strength13/25 pts

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

Employees3/15 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 31/10/2024

Turnover

£18k

Annual revenue

Net Worth

£4k

Balance sheet strength

Cash

£2k

Cash in the bank

Profit Before Tax

-£835

Bottom line earnings

Net Current Assets

-£128k

Working capital

Current Assets

£2k

Current Liabilities

£130k

Fixed Assets

£362k

Cost of Sales

£19k

Gross Profit

-£835

Operating Profit

-£835

Profit After Tax

-£835

0avg. employees

Balance Sheet

Assets less current liabilities£234k
Signed by 1.11.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20240.01-£2k
20230.05+£60
20220.06+£69k
20210.02-£72k
20200.99+£11k
20190.41+£557
20180.49—

Derived from filed accounts. Not audited figures.