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M.R.T Developments Limited

11489561

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

19-20 BOURNE COURT, WOODFORD GREEN, IG8 8HD
Incorporated 30/07/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Dr Morteza Jaffari

director · Since 30/07/2018

DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 2 other boards

Persons with Significant Control

Dr Morteza Jaffari

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

British · England · Age 63

19-20 Bourne Court, Southend Road, Woodford Green, IG8 8HD

Notified 30/07/2018

CompanyRankvs 126117+ SIC 68209 peers
53

Financial strength85th percentile among SIC peers · 21/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.66× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength21/25 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.

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.

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.

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

Key FinancialsYear ending 31/07/2024

Net Worth

£259k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£263k

Working capital

Current Assets

£508k

Current Liabilities

£772k

Debtors

£504k

0avg. employees

Balance Sheet

Bank loans & overdrafts£659k
Assets less current liabilities£987k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.66+£241k
20230.47+£41k
20220.46+£16k
20210.04

Derived from filed accounts. Not audited figures.