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Volmech Mechanical Ltd

11514124

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)
  • Going concern doubt noted in accounts (-10)

Details

UNIT 1D MEREWORTH BUSINESS CENTRE DANNS LANE, MAIDSTONE, ME18 5LW
Incorporated 13/08/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43220
Plumbing, heat and air-conditioning installation

Officers

Mr Stephen John Frederick Bishop

director · Since 13/08/2018

ELECTRICIAN

BRITISH · ENGLAND · Age 37

Mr Thomas Francis John Hickey

director · Since 06/06/2023

ELECTRICAL CONTRACTOR

BRITISH · ENGLAND · Age 31

Also on 4 other boards

Persons with Significant Control

Volmech Group Limited

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

Unit 1d Mereworth Business Centre, Danns Lane, Maidstone, ME18 5LW

Reg: 15469819 · Register Of Companies · Limted Company

Notified 02/05/2025

Former PSCs

Mr Stephen John Frederick Bishop

Ceased 02/05/2025

Mr Thomas Francis John Hickey

Ceased 02/05/2025

CompanyRankvs 7270+ SIC 43220 peers
59

Financial strength81th percentile among SIC peers · 20/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.15× · 12/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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7270Volmech Mechanical Ltd
68
How is this score calculated?
Financial strength20/25 pts

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

Employees14/15 pts

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

Liquidity12/20 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

Going concern doubt: -10 pts

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

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going conc

Key FinancialsYear ending 31/08/2024

Net Worth

£49k

Balance sheet strength

Cash

£14k

Cash in the bank

Net Current Assets

£44k

Working capital

Current Assets

£343k

Current Liabilities

£299k

Fixed Assets

£6k

Debtors

£324k

7avg. employees+5

Balance Sheet

Assets less current liabilities£51k
Signed by Mr Stephen Bishop Mr Thomas Hickey 25 November 2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.15+£36k
20231.09—
20220.66—
20210.71—

Derived from filed accounts. Not audited figures.