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Msquared (Drakes Broughton) Ltd

10466340

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

MOUNT FLIRT ANKERDINE ROAD, WORCESTER, WR6 5NS
Incorporated 07/11/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Christopher Alan Clive Matthews

director · Since 07/11/2016

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 4 other boards

Mr Andrew Wesley Frank Mcminn

director · Since 07/11/2016

PROPERTY DEVELOPER

BRITISH · UNITED KINGDOM · Age 37

Persons with Significant Control

Msquared Developments Ltd

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

Mount Flirt, Ankerdine Road, Worcester, WR6 5NS

Reg: 10504278 · England And Wales · Uk

Notified 31/01/2017

Former PSCs

Mr Andrew Wesley Frank Mcminn

Ceased 31/01/2017

Charges3 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 28/02/2018Registered 01/03/2018
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 21/11/2017Registered 22/11/2017
Charge
outstanding

MCMINN DEVELOPMENTS LTD

Created 06/12/2016Registered 08/12/2016
Charge
satisfied

MCMINN DEVELOPMENTS LIMITED

Created 06/12/2016Registered 07/12/2016Satisfied 08/12/2016

CompanyRankvs 36689+ SIC 41100 peers
42

Financial strength53th percentile among SIC peers · 13/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.17× · 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 strength13/25 pts

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

Employees2/15 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 30/11/2024

Net Worth

£998

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

£7k

Working capital

Current Assets

£49k

Current Liabilities

£42k

Debtors

£48k

0avg. employees

Balance Sheet

Assets less current liabilities£7k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.17
20231.37-£2k
20221.50-£1k
20211.57-£1k
20201.76
20191.01
20181.00

Derived from filed accounts. Not audited figures.