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Mk2 Developments Limited

11387893

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 2, TOWER HOUSE, HODDESDON, EN11 8UR
Incorporated 30/05/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mrs Kerry Louise Downing

director · Since 30/05/2018

DIRECTOR

BRITISH · ENGLAND · Age 50

Mr Martin Bryce Downing

director · Since 30/05/2018

DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 1 other board

Persons with Significant Control

Mrs Kerry Louise Downing

Significant control

British · England · Age 50

24 Ward Close, Ware, SG12 0BU

Notified 30/05/2018

Mr Martin Bryce Downing

Significant control

British · England · Age 50

24 Ward Close, Ware, SG12 0BU

Notified 30/05/2018

Charges1 outstanding

Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 12/09/2018Registered 13/09/2018

CompanyRankvs 170219+ SIC 68209 peers
31

Financial strength53th percentile among SIC peers · 13/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity8 years trading (max 15) · 8/15
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.

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.

Longevity8/15 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 31/05/2025

Net Worth

£4k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£1k

Working capital

Current Assets

£1k

Current Liabilities

£200k

Fixed Assets

£196k

0avg. employees

Balance Sheet

Assets less current liabilities£197k
Prepared with Acting Office - Tax and Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.01+£0
20250.01-£613
20240.00+£452
20230.00—

Derived from filed accounts. Not audited figures.