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Mackay Lake Property Limited

11498479

active
Private Limited Company
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

7 THE CLOSE, NORWICH, NR1 4DJ
Incorporated 03/08/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Cynthia Lynne Mitchell

director · Since 03/08/2018

DIRECTOR

CANADIAN,BRITISH · UNITED KINGDOM · Age 56

James George Mitchell

director · Since 03/08/2018

DIRECTOR

CANADIAN,BRITISH · UNITED KINGDOM · Age 59

Persons with Significant Control

James George Mitchell

25–50% shares
25–50% votes

Canadian,British · United Kingdom · Age 59

7, The Close, Norwich, NR1 4DJ

Notified 03/08/2018

Cynthia Lynne Mitchell

25–50% shares
25–50% votes

Canadian,British · United Kingdom · Age 56

7, The Close, Norwich, NR1 4DJ

Notified 03/08/2018

Charges4 outstanding

Charge
outstanding

LEEDS BUILDING SOCIETY

Created 01/04/2026Registered 15/04/2026
Charge
outstanding

FLEET MORTGAGES LIMITED

Created 31/10/2024Registered 04/11/2024
Charge
outstanding

PARAGON BANK PLC

Created 24/06/2022Registered 06/07/2022
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 04/06/2021Registered 04/06/2021
Charge
satisfied

ONESAVINGS BANK PLC

Created 15/04/2019Registered 15/04/2019Satisfied 05/02/2026

CompanyRankvs 93631+ SIC 68209 peers
45

Financial strength70th percentile among SIC peers · 18/25
Employees77th percentile among SIC peers · 12/15
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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93631Mackay Lake Property Limited
54
How is this score calculated?
Financial strength18/25 pts

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

Employees12/15 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 31/03/2025

Net Worth

£37k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

-£771k

Working capital

Current Assets

£4k

Current Liabilities

£775k

Fixed Assets

£1.8M

Debtors

£1k

2avg. employees

Tax at Year End

Corp tax£1k

Balance Sheet

Bank loans & overdrafts£1.0M
Assets less current liabilities£1.0M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20250.01+£12k
20240.03+£6k
20230.03+£8k
20220.01-£11k
20210.14+£18k
20200.15—

Derived from filed accounts. Not audited figures.