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Mwme11 Limited

11509154

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

3 CASTLEGATE, GRANTHAM, NG31 6SF
Incorporated 09/08/2018

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 27/03/2026

Due 10/04/2027

On track

Industry

35110
Production of electricity

Officers

Mr Andrew James Watkin

director · Since 09/08/2018

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 11 other boards

Persons with Significant Control

Mwat Limited

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

3 Castlegate, Grantham, NG31 6SF

Reg: 09960232 · Companies House · Company Limited By Shares

Notified 09/08/2018

Charges1 outstanding

Charge
outstanding

CLOSE LEASING LIMITED

Created 01/07/2022Registered 06/07/2022

CompanyRankvs 1446+ SIC 35110 peers
47

Financial strength15th percentile among SIC peers · 4/25
Employees66th percentile among SIC peers · 10/15
LiquidityCurrent ratio 17.66× · 20/20
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 strength4/25 pts

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

Employees10/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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 31/12/2024

Net Worth

-£9k

Balance sheet strength

Cash

£49k

Cash in the bank

Net Current Assets

£323k

Working capital

Current Assets

£343k

Current Liabilities

£19k

Fixed Assets

£3.6M

Debtors

£294k

1avg. employees

Balance Sheet

Bank loans & overdrafts£2.3M
Assets less current liabilities£3.9M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202417.66+£268k
20230.53-£26k
20220.57-£231k
20211.34

Derived from filed accounts. Not audited figures.