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Mcore Electrical Services Ltd

10748376

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)
  • Negative net worth (-10)

Details

SUITE 217 QD BUSINESS CENTRE, LIVERPOOL, L1 0BG
Incorporated 02/05/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Kareem Kwame Desmond

director · Since 12/08/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 7 other boards

Mr Malik Abdulla Said Albrumy

director · Since 01/05/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 39

Persons with Significant Control

Mr Kareem Kwame Desmond

25–50% shares
25–50% votes

British · England · Age 41

Suite 217, Qd Business Centre, Liverpool, L1 0BG

Notified 01/01/2022

Former PSCs

Mr Malik Albrumy

Ceased 01/01/2022

CompanyRankvs 39420+ SIC 43210 peers
27

Financial strength2th percentile among SIC peers · 1/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.2× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 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.

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 31/05/2024

Net Worth

-£39k

Balance sheet strength

Cash

£122

Cash in the bank

Net Current Assets

-£39k

Working capital

Current Assets

£10k

Current Liabilities

£48k

Fixed Assets

£15k

Debtors

£9k

Tax at Year End

Corp tax£2k
VAT£2k

Director Loans

Company owes directors£43k

Balance Sheet

Assets less current liabilities-£24k
Signed by Mr Kareem Desmond 31/01/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.20-£42k£47k
20231.83-£5k
20221.34+£7k£680
20211.42-£14k£680
20201.35-£1k
2019+£10k

Derived from filed accounts. Not audited figures.