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Malted Waffle Company (Equipment) Limited

10670765

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

10 ARIANE, TAMWORTH, B79 7XF
Incorporated 15/03/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

33190
Repair of other equipment
46690
Wholesale of other machinery and equipment
56210
Event catering activities
77390
Renting and leasing of other machinery, equipment and tangible goods

Officers

Mr Georges William Barrett

director · Since 15/03/2017

MANAGING DIRECTOR

FRENCH · UNITED KINGDOM · Age 67

Also on 1 other board

Miss Heather Barrett

director · Since 01/10/2021

DIRECTOR

BRITISH · ENGLAND · Age 62

Persons with Significant Control

Mr Georges William Barrett

75–100% shares

French · United Kingdom · Age 67

10, Ariane, Tamworth, B79 7XF

Notified 20/02/2018

Former PSCs

Malted Waffle Company Limited

Ceased 20/02/2018

CompanyRankvs 4315+ SIC 33190 peers
42

Financial strength46th percentile among SIC peers · 12/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.9× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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4315Malted Waffle Company (Equipment) Limited
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How is this score calculated?
Financial strength12/25 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.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity9/15 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

£6k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£2k

Working capital

Current Assets

£23k

Current Liabilities

£25k

Fixed Assets

£9k

Balance Sheet

Assets less current liabilities£6k
Signed by Mr Georges Barrett 28/03/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.90-£4k
20230.92+£8k
20220.33—
20211.58—
20190.00—

Derived from filed accounts. Not audited figures.